News

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

(source: pymnts.com)

Walmart’s New Subscription Service Is Once Again Delayed
Walmart’s New Subscription Service Is Once Again Delayed
August 05, 2020  |  Retail

In a bid to challenge Amazon, Walmart had planned to launch a new subscription service called Walmart+ in July — but that month came and went,...

READ MORE >
Next-Gen Debit Steps Up
Next-Gen Debit Steps Up
August 05, 2020  |  Next-Gen Debit

Advances in mobile banking apps have taught financial institutions (FIs) that people desire more control over their money – in their hands, on their phones...

READ MORE >
Afterpay: New Logo Reflects Company’s Global Business Model
Afterpay: New Logo Reflects Company’s Global Business Model
August 05, 2020  |  Buy Now Pay Later

Afterpay, which works in buy now, pay later (BNPL) services, rolled out a new global look and brand identity on Tuesday (Aug. 4), an emailed...

READ MORE >
Maintaining Control When Employee Spend Looks More Like Procurement
Maintaining Control When Employee Spend Looks More Like Procurement
August 05, 2020  |  B2B Payments

The expense report has come a long way since the days of paper spreadsheets and stapled receipts. In the last decade, automation technology has closed...

READ MORE >
Study: COVID-19 Fraud Reaches $100M
Study: COVID-19 Fraud Reaches $100M
August 05, 2020  |  Security & Fraud

SocialCatfish.com, the identity verification nonprofit, reported U.S. losses from COVID-19 fraud and ID theft have reached nearly $100 million since the pandemic emerged in March,...

READ MORE >
Cash App Drives Square Strong Q2 Results
Cash App Drives Square Strong Q2 Results
August 05, 2020  |  Earnings

Square saw its shares skyrocket Tuesday (Aug. 4) night after the San Francisco-based financial services company posted better-than-expected quarterly results for its mobile payment app....

READ MORE >
Report: Skillz Takes Bowling Online — And Strikes Out Bad Actors
Report: Skillz Takes Bowling Online — And Strikes Out Bad Actors
August 05, 2020  |  Authentication

Consumers today are looking for new avenues of at-home entertainment as many continue to lay low during the ongoing pandemic. While video streaming services remain popular,...

READ MORE >
How Thrasio Turned Buying Amazon Third-Party Sellers Into A $1B Business
How Thrasio Turned Buying Amazon Third-Party Sellers Into A $1B Business
August 05, 2020  |  eCommerce

In Greek mythology, Thrasos is the character that personifies boldness. Drop the ‘os’ and add an ‘io,’ and it’s a company that personifies the fast...

READ MORE >
Western Union CFO On Q2 And The New-To-WU Consumers’ Big Digital Shift
Western Union CFO On Q2 And The New-To-WU Consumers’ Big Digital Shift
August 05, 2020  |  Earnings

Western Union (WU) reported Tuesday (Aug. 4) that while second-quarter revenues fell for much of its business, WesternUnion.com’s average monthly active customers shot up 45...

READ MORE >