News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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COVID-Weakened EU Banks Fasttrack New Business Models
COVID-Weakened EU Banks Fasttrack New Business Models
August 23, 2020  |  Banking

The pandemic has fueled the need for European banks to restructure following years of poor performance. The Wall Street Journal (WSJ) reports a majority of...

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Goldman Sachs Eyes Creating $2B Tech Fund
Goldman Sachs Eyes Creating $2B Tech Fund
August 23, 2020  |  Investments

Goldman Sachs is pondering a $2 billion venture and growth fund that could boost its stature in the world of technology investing, sources told Bloomberg....

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Tata Plans ‘Super App’ To Bring Together Its Consumer Services
Tata Plans ‘Super App’ To Bring Together Its Consumer Services
August 23, 2020  |  Mobile Applications

Indian conglomerate Tata Group is launching a new app purported to bring together the country’s disparate sales sector to offer a range of consumer goods...

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Clear Books, Metro Bank Partner For SMB Accounting
Clear Books, Metro Bank Partner For SMB Accounting
August 23, 2020  |  B2B Payments

Clear Books and Metro Bank are partnering to offer a new accounting software solution for small- to medium-sized businesses (SMBs), including online and mobile bank...

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Companies Push Back Office Reopenings
Companies Push Back Office Reopenings
August 23, 2020  |  Business

Employers that had planned to reopen their offices after Labor Day to coincide with what was expected to be a receding coronavirus are having second...

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Report: UK Tax Aimed At Facebook, Amazon, Google To Be Repealed
Report: UK Tax Aimed At Facebook, Amazon, Google To Be Repealed
August 23, 2020  |  Taxes

The U.K. is planning to repeal a tax targeting Facebook, Amazon and Google amid opposition from the President Donald Trump administration, the Daily Mail reported....

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23 States To Add $300 To Weekly Jobless Benefit Checks
23 States To Add $300 To Weekly Jobless Benefit Checks
August 23, 2020  |  Economy

Nearly half of the nation’s states have been given the green light to issue $300 in federal weekly jobless benefits to help replace lost wages...

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Why Business Travel’s Wings May Be Clipped – Permanently
Why Business Travel’s Wings May Be Clipped – Permanently
August 21, 2020  |  Travel Payments

For airlines, looking toward the future leads to a longing for the past. And though 2019 was, well, not all that long ago, it seems...

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Apple Says Epic Games Shouldn’t Return To App Store While Legal Battle Rages
Apple Says Epic Games Shouldn’t Return To App Store While Legal Battle Rages
August 21, 2020  |  Legal

Apple has responded to a lawsuit by Fortnite maker Epic Games that the tech giant’s practices are anticompetitive. In its answer filed Friday (Aug. 21), Apple...

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