News

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

(source: pymnts.com)

What Comes First — The Supply Chain Or The Sales Channel?
What Comes First — The Supply Chain Or The Sales Channel?
September 04, 2020  |  B2B Payments

With supply chains backlogged, cut short and all-around disrupted in the midst of the global pandemic, businesses had to act fast. For many, that meant...

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SPAC Investor Ackman In Limited Talks With Stripe For IPO
SPAC Investor Ackman In Limited Talks With Stripe For IPO
September 03, 2020  |  IPO

Billionaire investor Bill Ackman said he’s had preliminary discussions with Airbnb and Stripe, among others, about helping them to go public, Bloomberg reported. The process...

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Chowbus CEO: Building A Food-Delivery Platform For Mom-And-Pop Restaurants
Chowbus CEO: Building A Food-Delivery Platform For Mom-And-Pop Restaurants
September 03, 2020  |  Delivery

The difficulties restaurants face with big delivery platforms like Grubhub or Uber Eats have been extensively cataloged. Critics claim the platforms take too big a...

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Walmart To Require 98 Pct On-Time Shipments
Walmart To Require 98 Pct On-Time Shipments
September 03, 2020  |  B2B Payments

Walmart has issued a directive to suppliers to have on-time and in-full (OTIF) shipments 98 percent of the time or else they’ll be fined, according...

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Hitachi Capital Unveils Planning Initiative To Help SMBs
Hitachi Capital Unveils Planning Initiative To Help SMBs
September 03, 2020  |  B2B Payments

To assist in creating a blueprint for businesses aiming to expand, Hitachi Capital Business Finance has rolled out its inaugural “Smart Business Planning” initiative that...

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Hilton Times Square Closure Bruises NYC Tourism Rebound
Hilton Times Square Closure Bruises NYC Tourism Rebound
September 03, 2020  |  Travel Payments

It sounds so nice they had to name it twice: New York, New York. These days, however, America’s biggest and arguably most vibrant city —...

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Wall Street’s Pullback Shows Hot IPOs’ Inherent Risks
Wall Street’s Pullback Shows Hot IPOs’ Inherent Risks
September 03, 2020  |  IPO

At what point is the word “overheated” an understatement? Thursday’s steep U.S. stock market selloff — with major indexes down as much 5 percent despite...

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Visa Teams Up With Norway’s Vipps To Boost Digital Wallets And Mobile Pay In EU
Visa Teams Up With Norway’s Vipps To Boost Digital Wallets And Mobile Pay In EU
September 03, 2020  |  Mobile Payments

Visa is teaming with Norwegian digital-wallet company Vipps on a new initiative to boost mobile payments in Europe, according to a report from Cards International....

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Germany Ends Probe Into Wirecard Accusations Of Journalists
Germany Ends Probe Into Wirecard Accusations Of Journalists
September 03, 2020  |  Legal

A Munich prosecutor won’t be going forward with a case against two Financial Times (FT) journalists for alleged market manipulation resulting from their 2019 reports...

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