News

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

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Apple, Facebook, Access And Echoes Of 2012 (And Zynga)
Apple, Facebook, Access And Echoes Of 2012 (And Zynga)
August 17, 2020  |  Ecosystems

In the onslaught against Apple — and specifically, the 30 percent commission the tech giant collects each time someone pays for an app through its...

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European Insurance Giants See Share Prices Swoon From COVID-19
European Insurance Giants See Share Prices Swoon From COVID-19
August 17, 2020  |  International

The stock prices of Europe’s big commercial insurers are taking it on the chin as claims mount amid the coronavirus pandemic. The EURO STOXX Insurance...

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AmEx To Buy Alt Lender Kabbage
AmEx To Buy Alt Lender Kabbage
August 17, 2020  |  Partnerships / Acquisitions

American Express has inked a deal to buy “substantially all” of small business cash flow management company Kabbage. The deal is forecast to close later...

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Pakistan Cites New Transfer Rules In Remittances Boost
Pakistan Cites New Transfer Rules In Remittances Boost
August 17, 2020  |  International

In a rare instance of COVID-19 helping a country’ s economy, Pakistan saw a significant uptick in remittances from nationals working overseas in July. “More...

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Main Street’s SMBs’ Most Interesting Pandemic Pivots
Main Street’s SMBs’ Most Interesting Pandemic Pivots
August 17, 2020  |  Retail

Pivoting into the restaurant business might seem like an unusual choice for a small business owner trying to stay afloat during a global health pandemic....

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Domino’s To Hire 20K Amid Surge In Pizza Demand
Domino’s To Hire 20K Amid Surge In Pizza Demand
August 17, 2020  |  Retail

With pizza sales piping-hot in the pandemic, Domino’s said in a news release that it is “looking to fill more than 20,000 positions” in the...

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Philly Mall Owner Sets The Tone For Digital 3.0
Philly Mall Owner Sets The Tone For Digital 3.0
August 17, 2020  |  Retail

A Philadelphia-based mall owner is taking a proactive approach to the digital shift and back-to-school shopping. PREIT (Philadelphia Real Estate Investment Trust) is curating its...

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Google Fights Australian Proposal To Share Ad Revenue With News Outlets
Google Fights Australian Proposal To Share Ad Revenue With News Outlets
August 17, 2020  |  Google

Google is challenging a proposed rule by Australian regulators that could force the global technology company to pay the country’s news outlets to distribute their...

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Signs Of Recovery In Retail Sectors Amid The Pandemic
Signs Of Recovery In Retail Sectors Amid The Pandemic
August 17, 2020  |  Today In Data

The department store sector had mixed news last week, with Dillard’s displaying signs of recovery and a new report showing a reversal of some of the positive trends that...

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