News

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

(source: pymnts.com)

Amazon ‘Virtual Conference’ Aims To Bring Sellers, Experts Together
Amazon ‘Virtual Conference’ Aims To Bring Sellers, Experts Together
August 12, 2020  |  eCommerce

Amazon will have a free, three-day “virtual conference” for sellers on its platform from Sept. 1-3, the company announced on Wednesday (Aug. 12). The company...

READ MORE >
What Uber And Lyft’s Court Loss Means For The Gig Economy’s Future
What Uber And Lyft’s Court Loss Means For The Gig Economy’s Future
August 12, 2020  |  Ridesharing

A California judge this week ordered Uber and Lyft to stop classifying their workers as independent contractors and start classifying them as employees, an order the...

READ MORE >
Extension Of Unemployment Benefits Could Run Out In Weeks, Report Finds
Extension Of Unemployment Benefits Could Run Out In Weeks, Report Finds
August 12, 2020  |  Economy

An additional $400 a week in jobless benefits extended by President Donald Trump through an executive order may run out much sooner than anticipated, a...

READ MORE >
Uber Plans To Temporarily Shutter Ride-Hailing Service In California
Uber Plans To Temporarily Shutter Ride-Hailing Service In California
August 12, 2020  |  Ridesharing

Faced with the prospect of classifying its drivers as employees rather than independent contractors, Uber Technologies Inc. is threatening to shut down temporarily in California....

READ MORE >
FinTech Services Boost Tencent In Q2
FinTech Services Boost Tencent In Q2
August 12, 2020  |  Earnings

Tencent Holdings Ltd., the Chinese maker of the world’s most popular video games, reported its second quarter (Q2) net profits increased by 37 percent, beating...

READ MORE >
The Great Digital Shift, BigCommerce – And The Lure Of (eCommerce) IPOs
The Great Digital Shift, BigCommerce – And The Lure Of (eCommerce) IPOs
August 12, 2020  |  IPO

To gain riches – go public or stay private and sell to a high bidder? In a stock market that seems to continuously flirt with...

READ MORE >
OpenTable CEO Warns Of Massive Restaurant Closures
OpenTable CEO Warns Of Massive Restaurant Closures
August 12, 2020  |  Retail

As many as a quarter of all restaurants will shut their doors in the wake of the coronavirus downturn, Debby Soo, OpenTable’s new CEO, contends...

READ MORE >
Mastercard Adds More Startups To Its Accelerate Program
Mastercard Adds More Startups To Its Accelerate Program
August 12, 2020  |  Mastercard

Mastercard is expanding its Accelerate financial technology (FinTech) portfolio and is adding 11 companies to its Start Path startup engagement program, according to a Wednesday...

READ MORE >
Tackling Onboarding Friction, Counterfeit Goods With Digital Efforts
Tackling Onboarding Friction, Counterfeit Goods With Digital Efforts
August 12, 2020  |  Today In Data

Consumers are moving to digital channels en masse during the pandemic, and they want to be able to finish their transactions as quickly as possible....

READ MORE >