News

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

Source: pymnts.com

DOJ Says Alleged Payment Processing Scam Bilked $150M

DOJ Says Alleged Payment Processing Scam Bilked $150M
DOJ Says Alleged Payment Processing Scam Bilked $150M
August 26, 2021  |  Security & Fraud

Four people have been charged with conspiring to deceive banks and credit card companies, according to a press release from the U.S. Department of Justice...

READ MORE >
Peloton Connected Fitness Subscriptions Grow 114 Percent
Peloton Connected Fitness Subscriptions Grow 114 Percent
August 26, 2021  |  Earnings

Peloton posted fourth quarter earnings results that saw connected fitness subscriptions grow 114 percent year over year to over 2.33 million, according to a press...

READ MORE >
India Buckles Down On Digital With IIM Ahmedabad, Bank Of America Collab
India Buckles Down On Digital With IIM Ahmedabad, Bank Of America Collab
August 26, 2021  |  Innovation

India is dialing up digital development with the launch of the Centre for Digital Transformation (CDT), a joint collaboration between the Indian Institute of Management...

READ MORE >
Afterpay, Klarna Ride BNPL Momentum, Spend Big To Add In-Store, Online Customers
Afterpay, Klarna Ride BNPL Momentum, Spend Big To Add In-Store, Online Customers
August 26, 2021  |  Earnings

The acquisition by Square looms, and Afterpay’s most recent results show increased momentum in buy now, pay later (BNPL) adoption – reflected, too, in Klarna’s...

READ MORE >
Bill.com Processes $41.7B In Payment Volume As Network Grows
Bill.com Processes $41.7B In Payment Volume As Network Grows
August 26, 2021  |  Earnings

Bill.com processed $41.7 billion in total payment volume for Bill.com customers in the fourth quarter, an increase of 64 percent year-over-year. Get the Full Story...

READ MORE >
Today In Food Tech: Labor Struggles Challenge Franchisees, Drive Innovation
Today In Food Tech: Labor Struggles Challenge Franchisees, Drive Innovation
August 26, 2021  |  ResTech

Today in restaurant and grocery tech news, an automat restaurant expands across the United States, while a grocery chain becomes the first to deploy artificially...

READ MORE >
Bitcoin Daily: Netki, Polymath Team On Blockchain Identity Verification; Facebook’s Kate Rouch Named As Coinbase Exec
Bitcoin Daily: Netki, Polymath Team On Blockchain Identity Verification; Facebook’s Kate Rouch Named As Coinbase...
August 26, 2021  |  Bitcoin

Netki, a Los Angeles-based know your customer (KYC)-anti-money laundering (AML) regulatory technology provider, has begun working with Polymath, a blockchain technology provider, to add blockchain-specific...

READ MORE >
Labor Shortages Challenge QSRs’ Franchisee Relationships, Threatening Sales And Loyalty
Labor Shortages Challenge QSRs’ Franchisee Relationships, Threatening Sales And Loyalty
August 26, 2021  |  Restaurant innovation

For quick-service restaurants (QSRs), the challenging labor market right now is not an obstacle for only corporate headquarters, but also for franchisees. Without full access...

READ MORE >
Today In Retail: Department Stores See New Model; Ulta Beauty Plays Offense In Recovering Industry
Today In Retail: Department Stores See New Model; Ulta Beauty Plays Offense In Recovering Industry
August 26, 2021  |  Retail

In today’s top retail news, an increasing number of retail partnerships are paving the way for a potential new way of doing business, including the...

READ MORE >