PYMNTS News

Verifone Appoints Francisco Partners Veteran Mike Kohlsdorf as CEO
Verifone Appoints Francisco Partners Veteran Mike Kohlsdorf as CEO
August 01, 2023  |  Personnel

Global payment solution provider Verifone has appointed one of its advisors, Mike Kohlsdorf, as its new CEO. Kohlsdorf has been a senior operating partner affiliated...

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Fiverr Adds New Tools to Match Businesses With Freelancers
Fiverr Adds New Tools to Match Businesses With Freelancers
August 01, 2023  |  Gig Economy

Freelance marketplace Fiverr has added two new tools that match businesses with talent. One of the new solutions, Fiverr Pro, is designed to address the needs of...

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Working Capital Innovations Power Trade Sector’s Journey Toward Efficiency
Working Capital Innovations Power Trade Sector’s Journey Toward Efficiency
August 01, 2023  |  B2B Payments

To eliminate paper checks and manual payment processes, you need to look for them first. But once you see them, you’ll find them everywhere. That’s...

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Cazoo Reports 29% Drop in Used Car Sales Amid ‘Meaningful Progress’ in H1 2023
Cazoo Reports 29% Drop in Used Car Sales Amid ‘Meaningful Progress’ in H1 2023
August 01, 2023  |  Earnings

British online auto marketplace Cazoo has reported upbeat second quarter and first half 2023 financial results, months after completing its withdrawal from European businesses to concentrate exclusively on its U.K....

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Report: Apple Removes Generative AI Apps From China App Store
Report: Apple Removes Generative AI Apps From China App Store
August 01, 2023  |  artificial intelligence

Apple has reportedly removed more than 100 generative artificial intelligence (AI) apps from its China app store. The move was made Tuesday (Aug. 1) and...

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Job Market Show Signs of Cooling as Worker Demand Dips
Job Market Show Signs of Cooling as Worker Demand Dips
August 01, 2023  |  Economy

In the middle of scorching summer hot weather, the job market seems to be cooling. American employers listed fewer job openings in June, a signal...

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Millennials Flock to Digital Wallets but Boomers Are More Cautious
Millennials Flock to Digital Wallets but Boomers Are More Cautious
August 01, 2023  |  Mobile Wallets

As consumers across age groups adopt mobile wallets, some generations are engaging with the technology in many different aspects of their lives, while others are...

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Report: New Crypto Ruling Complicates Ripple and Coinbase Cases
Report: New Crypto Ruling Complicates Ripple and Coinbase Cases
August 01, 2023  |  Cryptocurrency

A new court ruling has reportedly dampened a recent court victory for the cryptocurrency industry. U.S. District Judge Jed Rakoff ruled Monday (July 31) that cryptocurrencies are considered...

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Shopify Picks Ramp as Its Expense Management Provider
Shopify Picks Ramp as Its Expense Management Provider
August 01, 2023  |  Commercial Payments

Finance automation platform Ramp says Shopify has chosen it to provide expense management expertise. And in turn, the company announced Tuesday (Aug. 1) Ramp has used the guidance of Shopify...

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