News

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

Source: pymnts.com

Boom Debuts Blockchain-Powered Payment Platform for Unbanked Consumers in Africa
Boom Debuts Blockchain-Powered Payment Platform for Unbanked Consumers in Africa
February 19, 2024  |  Blockchain

Boom launched an online payment gateway that allows merchants to collect payments from 2 billion unbanked consumers across Africa. The debut of the platform, Boom...

READ MORE >
TikTok Vows to Keep Minors Safe After EU Announces Probe
TikTok Vows to Keep Minors Safe After EU Announces Probe
February 19, 2024  |  Regulation

The European Commission has opened formal proceedings against TikTok under the Digital Services Act, saying the regulator aims to protect the well-being of online users....

READ MORE >
Brazilian FinTech Stark Bank Tripled Payments Processed in 2023
Brazilian FinTech Stark Bank Tripled Payments Processed in 2023
February 19, 2024  |  Banking

Stark Bank, a growing FinTech startup based in Sao Paulo, Brazil, reportedly caught the attention of investors including Jeff Bezos’ family office, Bezos Expeditions, which...

READ MORE >
Capital One to Become Global Payments Network With $35.3B Discover Financial Acquisition
Capital One to Become Global Payments Network With $35.3B Discover Financial Acquisition
February 19, 2024  |  Acquisitions

Capital One is acquiring Discover Financial in a deal that brings together two of the largest credit card companies in the United States. Bloomberg reported...

READ MORE >
Digital Payments Deliver Competition-Critical Data for SMBs in Connected Economy
Digital Payments Deliver Competition-Critical Data for SMBs in Connected Economy
February 19, 2024  |  Faster Payments

The future of digital payments is, in many ways, already here.  What is left is the need for businesses to adapt to this rapidly shifting...

READ MORE >
Platforms Solve Need for Speed When Businesses Want More Than Same-Day Delivery 
Platforms Solve Need for Speed When Businesses Want More Than Same-Day Delivery 
February 19, 2024  |  Delivery

The engine of modern life whirrs mostly in the background, powering conveniences unimaginable decades ago. But that doesn’t mean the engine runs uninterrupted. Last-mile delivery...

READ MORE >
CE 100 Index Slips 0.5% as Porch’s 33% Rally Is Offset by Fastly’s Slide
CE 100 Index Slips 0.5% as Porch’s 33% Rally Is Offset by Fastly’s Slide
February 19, 2024  |  Connected Economy

The end of earning season is in sight — the last slew of reports will appear through the next few weeks. And headed into the...

READ MORE >
Smaller Investors Creep Back Toward Crypto
Smaller Investors Creep Back Toward Crypto
February 18, 2024  |  Cryptocurrency

Everyday investors are returning to cryptocurrency, though with less enthusiasm than before. That’s according to a Sunday (Feb. 18) report by Bloomberg News, which notes...

READ MORE >
EU Regulators Crack Down on Anti-Competitive Practices
EU Regulators Crack Down on Anti-Competitive Practices
February 18, 2024  |  Regulation

European regulators have reportedly increased their focus on anti-competitive behavior among consumer product companies. Last year, competition authorities carried out 26 surprise inspections on consumer companies...

READ MORE >