News

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

(source: pymnts.com)

Melissa On The Next Frontier For Digital Identity
Melissa On The Next Frontier For Digital Identity
August 03, 2020  |  Authentication

The world was already going digital before COVID-19, but the pandemic sped up that process tremendously, Barley Laing, the U.K. managing director at Melissa, told PYMNTS in...

READ MORE >
Fave: Inside Southeast Asia’s Merchant Super App
Fave: Inside Southeast Asia’s Merchant Super App
August 03, 2020  |  Mobile Payments

Mobile payments penetration has historically faced a gap in Southeast Asia, Joel Neoh, founder of leading regional online-to-offline company Fave, told Karen Webster. Consumers in...

READ MORE >
What SMB Owners’ Personal Credit Card Dependency Means For The Recovery
What SMB Owners’ Personal Credit Card Dependency Means For The Recovery
August 03, 2020  |  SMBs

For a significant number of small- to medium-sized businesses (SMBs), navigating through the economic headwinds wrought by the pandemic, in plastic they trust. And by...

READ MORE >
Pinterest Stock Jumps 37 Pct On Renewed Advertiser, User Interest
Pinterest Stock Jumps 37 Pct On Renewed Advertiser, User Interest
August 02, 2020  |  Social Commerce

Users and advertisers are coming back to Pinterest, resulting in an upswing in sales for the social media company, Bloomberg reported. With revenue jumping up...

READ MORE >
Apple Buys Mobeewave For $100M
Apple Buys Mobeewave For $100M
August 02, 2020  |  Apple

Apple has purchased Canadian company Mobeewave, which will allow it to create mobile pay hubs out of iPhones, Bloomberg reported. The deal went down for...

READ MORE >
Rubio: Revamped PPP, SMB Loan Programs Aim To Smooth Out ‘Uneven Recovery’
Rubio: Revamped PPP, SMB Loan Programs Aim To Smooth Out ‘Uneven Recovery’
August 02, 2020  |  Loans

Senator Marco Rubio of Florida, who spearheaded the landmark Paycheck Protection Program (PPP) to help small businesses survive the coronavirus pandemic, now has to organize...

READ MORE >
FinCEN Warns Of COVID Scams Targeting FIs, Consumers
FinCEN Warns Of COVID Scams Targeting FIs, Consumers
August 02, 2020  |  Security & Fraud

The Financial Crimes Enforcement Network (FinCEN) issued a press release warning financial institutions (FIs) and consumers about pandemic-related scams, including some connected to cryptocurrency. FinCEN...

READ MORE >
Bitcoin Daily: Bitcoin Price Rises Above $12K For 30 Minutes; Colorado Lottery Partners With Chainlink For Contest
Bitcoin Daily: Bitcoin Price Rises Above $12K For 30 Minutes; Colorado Lottery Partners With Chainlink...
August 02, 2020  |  Bitcoin

Bitcoin had a turbulent weekend, rising to $12,112 in value just after midnight on Sunday (Aug. 2), and then falling to $10,638 just 30 minutes...

READ MORE >
Consumers Use Stimulus Money To Pay Down Credit Card Debt
Consumers Use Stimulus Money To Pay Down Credit Card Debt
August 02, 2020  |  Debt

With one in five workers collecting jobless benefits thanks to the pandemic, banks braced for increased credit card debt and delinquencies as families struggled to...

READ MORE >