News

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

(source: pymnts.com)

Mnuchin: Trump Is Serious About Action Against TikTok
Mnuchin: Trump Is Serious About Action Against TikTok
August 10, 2020  |  International

Treasury Secretary Steven Mnuchin has come out against social media video-sharing app TikTok, saying in a CNBC interview on Monday (Aug. 10) that President Trump...

READ MORE >
Troubled NMC Health Suspected Of Faking Drug Orders
Troubled NMC Health Suspected Of Faking Drug Orders
August 10, 2020  |  Security & Fraud

Investigators examining alleged wrongdoing at once high-flying UAE healthcare provider NMC Health are exploring whether the company falsified drug orders to inflate the books of...

READ MORE >
IAC Invests $1B In MGM Resorts International, Plans To Boost Online Gambling
IAC Invests $1B In MGM Resorts International, Plans To Boost Online Gambling
August 10, 2020  |  Digital Payments

IAC, the New York-based global media and internet giant, is betting that an investment of $1 billion in MGM Resorts International will pay off in...

READ MORE >
Disbursements Satisfaction Report 2020: Monetizing Payout Choice
Disbursements Satisfaction Report 2020: Monetizing Payout Choice
August 10, 2020  |  Disbursements

Introduction Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more...

READ MORE >
Apple Moves Within Striking Distance Of Record $2T Valuation
Apple Moves Within Striking Distance Of Record $2T Valuation
August 10, 2020  |  Stock Index

On Monday (Aug. 10), Apple moved relentlessly closer to becoming the first public company on the planet with a $2 trillion valuation – though whether...

READ MORE >
NY Fed: Tough July Gives Consumers Sour Outlook On Jobs, Finances
NY Fed: Tough July Gives Consumers Sour Outlook On Jobs, Finances
August 10, 2020  |  Economy

Consumers in the United States began to feel a bit more pessimistic in July about their prospects, in the latest sign that the recovery from...

READ MORE >
Pandemic Drives Growth In Global Digital Remittances
Pandemic Drives Growth In Global Digital Remittances
August 10, 2020  |  Cross-border Payments

No matter where you look, the pandemic has put up serious barriers to economic growth – and at the same time, has forced business models...

READ MORE >
Today In Payments: Western Union On An M&A Hunt; Amazon, Simon In Talks To Turn Malls Into Distribution Centers
Today In Payments: Western Union On An M&A Hunt; Amazon, Simon In Talks To Turn...
August 10, 2020  |  News

In today’s top news, Western Union is looking for merger and acquisition opportunities, and Amazon and Simon Property Group are in talks to turn empty...

READ MORE >
Marriot Earnings Show Growth In ‘Drive-To’ Vacations
Marriot Earnings Show Growth In ‘Drive-To’ Vacations
August 10, 2020  |  Earnings

Marriott International Inc. reported on Monday (Aug. 10) that comparable dollar revenue per available room (RevPAR) plunged 84.4 percent worldwide in Q2 on a constant-currency basis. “The lodging...

READ MORE >