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PYMNTS.com 08/12/2020 19:52
Face masks have become a part of most people’s day-to-day lives as the physical world reopens with some restrictions amid COVID-19. The fact that the masks rapidly became the fashion-statement accessory of summer 2020 should surprise absolutely no one. Over the years, many things have been described as “must-haves,” but the face mask is possibly the only one […]
PYMNTS.com 08/12/2020 19:30
TikTok has inked a partnership with the New York Yankees along with the YES Network. The social media company said in a Wednesday (Aug. 12) announcement that the legendary baseball team and sports network will “bring exposure” to its community. “Sports are an important part of the content experience on TikTok, and we’re looking forward […]
PYMNTS.com 08/12/2020 18:42
ShipStation, which works in eCommerce shipping, has collaborated with SAP to launch new enterprise resource planning (ERP) software, according to a press release. The software is designed for small- to medium-sized businesses (SMBs) in eCommerce. The integration will add pre-packaged eCommerce solutions from a shared network of SAP and ShipStation resellers. The solution will consist of […]
PYMNTS.com 08/12/2020 18:12
Cash App, Square Inc.’s mobile payment app, has launched a pilot program to offer short-term loans of up to $200, TechCrunch reported. “We are always testing new features in Cash App, and recently began testing the ability to borrow money with about 1,000 customers,” a CashApp spokesperson said in a statement. “We look forward to […]
PYMNTS.com 08/12/2020 16:09
Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. Palette allows these firms to ingest invoice information from suppliers in an expedient fashion, handle invoices with an automated process for approvals, and provides a trail that […]
PYMNTS.com 08/12/2020 15:20
Visa has become a part of the ranks of companies experimenting with Phixius, a technology that assists credentialed service providers in exchanging and supervising digital payments data, NACHA said in a Wednesday (Aug. 12) announcement. “Joining Phixius is a logical next step in the expansion of Visa’s solutions driving efficiency and delivering value added services […]
PYMNTS.com 08/12/2020 14:56
Just Eat Takeaway.com, the European food-ordering firm, reported increased revenue and profits for the first half of the year as the COVID-19 pandemic boosted online orders, Reuters reported. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) netted €177 million ($207 million), up from €76 million ($89.5 million) for the same period one year ago, […]
PYMNTS.com 08/12/2020 14:00
Blend, the San Francisco-based digital mortgage and loan platform, announced it has secured $75 million in Series F funding. The funding, led by Canapi Ventures, the Washington, D.C. FinTech-focused venture capital firm, brings Blend’s valuation to nearly $1.7 billion. The cash will be used to grow its online mortgage, consumer loan and deposit accounts, the company […]
PYMNTS.com 08/12/2020 13:39
Amazon will have a free, three-day “virtual conference” for sellers on its platform from Sept. 1-3, the company announced on Wednesday (Aug. 12). The company said the event will feature “Amazon executives, current sellers and independent online-selling experts who will share their insights and ideas.” According to the announcement, the Amazon Accelerate conference is bringing […]
PYMNTS.com 08/12/2020 12:52
Faced with the prospect of classifying its drivers as full-time employees, Uber Technologies Inc. is likely to shut down temporarily in California. “If the court doesn’t reconsider, then in California, it’s hard to believe we’ll be able to switch our model to full-time employment quickly,” CEO Dara Khosrowshahi told MSNBC Wednesday (Aug 12). At the request of […]

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