News

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

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Software Co BigCommerce IPO Soars 183 Pct
Software Co BigCommerce IPO Soars 183 Pct
August 05, 2020  |  IPO

BigCommerce, which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million...

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Walmart Parking Lots Become Free Drive-In Movie Theaters
Walmart Parking Lots Become Free Drive-In Movie Theaters
August 05, 2020  |  Retail

Walmart unveiled the details for its Walmart Drive-in today (Aug. 5), an outdoor movie theater experience that will entertain Walmart customers with a wide variety...

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Carvana Posts 13 Pct Hike In Revenue Over 2019
Carvana Posts 13 Pct Hike In Revenue Over 2019
August 05, 2020  |  Earnings

Carvana, which works in the market of selling used cars online, announced its revenue was sitting at $1.12 billion and that it had sold 55,098...

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Bitcoin Daily: Two Charged For Allegedly Selling $270M In Prescription Drugs For Bitcoin
Bitcoin Daily: Two Charged For Allegedly Selling $270M In Prescription Drugs For Bitcoin
August 05, 2020  |  Bitcoin

Two Costa Rican residents have been charged with selling opioids illegally on the darknet for what amounted to 23,903 Bitcoin, according to Cointelgraph. The amount...

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Stripe Hires AWS Exec For CRO Position
Stripe Hires AWS Exec For CRO Position
August 05, 2020  |  Personnel

Stripe, the San Francisco-based company which works to build economic online infrastructure, announced in a press release that Mike Clayville, a 36-year sales veteran of...

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House Democrats Eye Kodak’s $765M US Loan
House Democrats Eye Kodak’s $765M US Loan
August 05, 2020  |  Loans

The meteoric rise, and then fall, of Eastman Kodak stock — and the recent profits scored by top executives there — is garnering more attention....

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Landlord Services Firm Zibo Nets $10.5M, Launches Banking And Payments Features
Landlord Services Firm Zibo Nets $10.5M, Launches Banking And Payments Features
August 05, 2020  |  Investments

Zibo, which works to provide streamlined and accessible financial services for landlords, has raised $10.5 million in a seed round led by Canaan Partners, according...

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WhatsApp Awaits OK From India’s RBI To Launch Payments Feature
WhatsApp Awaits OK From India’s RBI To Launch Payments Feature
August 05, 2020  |  Mobile Payments

WhatsApp, the Facebook-owned messenger program, is expected to enter India’s payments market after becoming compliant with the country’s data-localization standards, according to a report from...

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Helium 10 Offers Amazon Sellers Digital Wallet, Credit Approval With Alta
Helium 10 Offers Amazon Sellers Digital Wallet, Credit Approval With Alta
August 05, 2020  |  B2B Payments

Helium 10 has launched its new Alta program, which will let Amazon sellers access “robust digital wallet, rapid approval credit lines, daily advances on Amazon...

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