News

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

(source: pymnts.com)

Alibaba’s Ant Group Files Preliminary IPO Docs
Alibaba’s Ant Group Files Preliminary IPO Docs
August 14, 2020  |  International

Ahead of an intended initial public offering (IPO), Alibaba Group Holding’s Ant Group has conducted a preliminary filing with the securities watchdog of China, Reuters reported....

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Address Verification, D2C Shopping, Google’s Transition To SAP Ariba Top This Week’s News
Address Verification, D2C Shopping, Google’s Transition To SAP Ariba Top This Week’s News
August 14, 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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Trump Administration Calls For 30 Pct. Boost In AI, Quantum Spending
Trump Administration Calls For 30 Pct. Boost In AI, Quantum Spending
August 14, 2020  |  Artificial Intelligence

Artificial intelligence (AI) and quantum information science will get a boost if Congress approves the Trump administration’s nearly one-third spending increase in next year’s budget....

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Citi Wants Revlon Lenders To Return $900M Paid In Error
Citi Wants Revlon Lenders To Return $900M Paid In Error
August 14, 2020  |  Loans

Citigroup Inc. paid nearly $900 million by mistake to Revlon Inc. lenders due to a clerical error and wants its money back, Bloomberg News reported....

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Movie Theaters Go Big To Bring Customers Back
Movie Theaters Go Big To Bring Customers Back
August 14, 2020  |  Retail

In case you missed it, PYMNTS reported that in the week of April 20, weekend movie box-office grosses came in at just under $34,000 total....

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Jumia Encounters New eCommerce Rivals In Africa Amid Pandemic
Jumia Encounters New eCommerce Rivals In Africa Amid Pandemic
August 14, 2020  |  eCommerce

As the coronavirus has led to greater popularity of eCommerce deliveries, Jumia Technologies AG is encountering new rivalry from upstarts in the online shopping and...

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Oracle, Salesforce Face Class Action Lawsuits Over Privacy Violations Violations
Oracle, Salesforce Face Class Action Lawsuits Over Privacy Violations Violations
August 14, 2020  |  Legal

Data broker mega companies Oracle Corporation and Salesforce are facing class action lawsuits in the United Kingdom and the Netherlands, TechCrunch reported. The Privacy Collective,...

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Filings Reveal Payments At Center Of Fortnite/Apple/Google Legal Battles
Filings Reveal Payments At Center Of Fortnite/Apple/Google Legal Battles
August 14, 2020  |  Legal

The latest salvo in the legal battles against Apple and Google alleging antitrust behavior – where court dockets are getting decidedly crowded – is now...

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Today In Payments: Amazon Launches Bengaluru, India Online Pharmacy; DOJ Moving Forward On Big Tech Antitrust Probe
Today In Payments: Amazon Launches Bengaluru, India Online Pharmacy; DOJ Moving Forward On Big Tech...
August 14, 2020  |  News

In today’s top news, Amazon launched an online pharmacy in Bengaluru, India, and the Justice Department continues its antitrust investigation of Big Tech. Plus, Apple...

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