News

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

(source: pymnts.com)

Palantir Reportedly Posted $580M Loss Last Year
Palantir Reportedly Posted $580M Loss Last Year
August 21, 2020  |  IPO

As it approaches its potential introduction to the public markets, Palantir is reportedly set to be the newest in a line of tech firms to...

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Facebook CMO Leaving To Focus On Promoting Diversity In Tech
Facebook CMO Leaving To Focus On Promoting Diversity In Tech
August 21, 2020  |  Personnel

Facebook’s Chief Marketing Officer Antonio Lucio is leaving the social media behemoth after just two years on the job to actively promote diversity in the...

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Citigroup Back To Federal Court Over $900M Error
Citigroup Back To Federal Court Over $900M Error
August 21, 2020  |  Legal

Citigroup Inc. returned to court Friday (Aug. 21). Reuters reported the New York-based multinational investment bank and financial services corporation filed its third suit in...

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TikTok: ‘We’re Here To Stay Despite Trump Ban’
TikTok: ‘We’re Here To Stay Despite Trump Ban’
August 21, 2020  |  Mobile Applications

TikTok users who are worried that the lip-syncing and dancing video app will disappear in November can probably relax. Despite a threatened presidential ban and an executive...

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SMB Financing, eLearning Platform Payments, Rise Of Auto-Refill Economy Tops This Week’s News
SMB Financing, eLearning Platform Payments, Rise Of Auto-Refill Economy Tops This Week’s News
August 21, 2020  |  The Weekender

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

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Wells Fargo Ready To Cut Jobs
Wells Fargo Ready To Cut Jobs
August 21, 2020  |  Banking

The moratorium on job cuts at Wells Fargo & Co. is over. Bloomberg News reported the San Francisco-based global financial services company has launched a...

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Today In Payments: $50B In Crypto Moved Out Of China; Uber Health To Deliver Meds
Today In Payments: $50B In Crypto Moved Out Of China; Uber Health To Deliver Meds
August 21, 2020  |  News

In today’s top news, $50 billion worth of cryptocurrency was transferred out of China, and Uber Health and NimbleRx have teamed on prescription delivery. Plus,...

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Home Improvement Sees A Boom – But Will It Last?
Home Improvement Sees A Boom – But Will It Last?
August 21, 2020  |  Retail

It’s often said that home is where the heart is. But in 2020, it seems that expression could be modified to note that home is...

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Facebook Puts Support Behind Data Movability Law Before FTC Meeting
Facebook Puts Support Behind Data Movability Law Before FTC Meeting
August 21, 2020  |  Regulation

Amid an approaching Federal Trade Commission (FTC) meeting, Facebook has advocated for rules that make it simpler for users to move media to a competing...

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