News

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

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Rippling Scores $145M In Series B Round
Rippling Scores $145M In Series B Round
August 04, 2020  |  B2B Payments

Rippling, the startup aiming to build a platform to manage employee data, has closed a $145 million Series B round that lifted the company’s valuation...

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Messenger Lets Businesses Reach Customers Beyond Facebook
Messenger Lets Businesses Reach Customers Beyond Facebook
August 04, 2020  |  Facebook

Facebook Messenger is looking to make it easier for businesses to interact with customers with a new update, according to a press release. The new...

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T-Mobile Adds 5G To 2K More Communities
T-Mobile Adds 5G To 2K More Communities
August 04, 2020  |  Mobile

The residents of Lisbon, North Dakota, might have been surprised Monday night (Aug. 3) when the skies lit up letting people in the small town...

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As Clock Ticks On TikTok Saga, Ripple Effects For US Tech?
As Clock Ticks On TikTok Saga, Ripple Effects For US Tech?
August 04, 2020  |  International

The saber-rattling between China and the U.S. is heating up — with boardroom as battleground, and with some of the biggest U.S. companies as potential...

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FIS Reports Organic Growth In Banking, Capital Market Solutions
FIS Reports Organic Growth In Banking, Capital Market Solutions
August 04, 2020  |  Earnings

Fidelity Information Services (FIS) posted results on Tuesday (Aug. 4) that showed organic growth in banking and capital market solutions at 4 percent and 3...

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SEC Probes Timing Of Eastman Kodak’s Announcement Of $765M Loan
SEC Probes Timing Of Eastman Kodak’s Announcement Of $765M Loan
August 04, 2020  |  Loans

Eastman Kodak’s surprise announcement of plans to reinvent itself as a drug manufacturer has run afoul of the U.S. Securities and Exchange Commission (SEC), a...

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Booking.com To Cut Workforce By 25 Pct
Booking.com To Cut Workforce By 25 Pct
August 04, 2020  |  Travel Payments

Booking Holding Inc., the Connecticut-based company that owns travel website Booking.com, plans to reduce its workforce by as many as 4,250 positions as its business...

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Grab Launches Microinvestment Solution, Consumer Loans, BNPL Plans
Grab Launches Microinvestment Solution, Consumer Loans, BNPL Plans
August 04, 2020  |  financial apps

Grab Financial Group (GFG), a Southeast Asia financial technology (FinTech) and ridesharing company, is expanding its reach with the announcement on Tuesday (Aug. 4) that it...

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The State Of Main Street In 2020’s Second Half
The State Of Main Street In 2020’s Second Half
August 04, 2020  |  Economy

The first half of 2020 was a tough time to run a small business on Main Street as stay-at-home orders closed down restaurants and retailers...

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