News

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

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Citi BNPL Option Now On Amazon
Citi BNPL Option Now On Amazon
August 03, 2020  |  Buy Now Pay Later

Citi credit card holders can now use the company’s Flex Pay option to buy products on Amazon, the financial services giant announced Monday (Aug. 3)....

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Google Takes On Apple With New Pixel 4a Smartphone
Google Takes On Apple With New Pixel 4a Smartphone
August 03, 2020  |  Mobile

Move over, Apple – there’s a new smartphone from Google on the way. On Monday (August 3), Google unveiled its new Android phone, the Pixel...

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GOP, Democrats Far Apart On New Stimulus Package
GOP, Democrats Far Apart On New Stimulus Package
August 03, 2020  |  Economy

With the House and Senate far apart on what the next stimulus package will look like, the White House is considering options if a deal...

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Wirecard Linked To Mafia Money Laundering
Wirecard Linked To Mafia Money Laundering
August 03, 2020  |  Security & Fraud

Scandal-plagued German FinTech pioneer Wirecard counted among its payments processing clients an online casino that laundered money for an arm of “one of Europe’s most...

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HSBC Sees Profits Fall As Bad Debts Top $6B
HSBC Sees Profits Fall As Bad Debts Top $6B
August 03, 2020  |  Banking

HSBC, Europe’s biggest bank, has seen its profits plunge in the first six months of 2020, squeezed by low interest rates and the COVD-19 pandemic,...

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BBVA Teams With Google Pay To Offer Digital Bank Accounts
BBVA Teams With Google Pay To Offer Digital Bank Accounts
August 03, 2020  |  Digital-First Banking

BBVA USA is collaborating with Google to offer consumers a digital bank account through Google Pay. The Alabama-based bank holding company said the partnership is key...

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UK’s Metro Bank To Buy P2P Lender RateSetter In Potential $15.6M Deal
UK’s Metro Bank To Buy P2P Lender RateSetter In Potential $15.6M Deal
August 03, 2020  |  Acquiring

London-based Metro Bank has struck a deal to buy peer-to-peer lender RateSetter for £2.5 million ($3.27 million) upfront. Metro will make additional payments to shareholders if...

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Report: One-Third Of NYC SMBs Could Close Permanently
Report: One-Third Of NYC SMBs Could Close Permanently
August 03, 2020  |  SMBs

It’s closing time for many small businesses in New York City. As the pandemic drags on and federal aid runs low, many owners are calling...

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Walking The Stimulus Check ‘Save Vs Spend’ Tightrope
Walking The Stimulus Check ‘Save Vs Spend’ Tightrope
August 03, 2020  |  Economy

Will saving for a rainy day today lead to economic clouds just a bit down the road? As a new week dawned, and lawmakers in...

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