Amazon Will Reportedly Postpone Prime Day Until At Least August
Amazon Will Reportedly Postpone Prime Day Until At Least August
April 03, 2020  |  Retail

Amid the coronavirus, Amazon is delaying its Prime Day summer shopping event to August at the soonest and foresees a possible $100 million impact from...

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FIS Connects With Lenders On COVID-19 Relief For Small Businesses
FIS Connects With Lenders On COVID-19 Relief For Small Businesses
April 03, 2020  |  Coronavirus

Florida-based FinTech FIS is helping lenders provide Small Business Administration (SBA) loans under the coronavirus stimulus package, the company announced Friday (April 3). Get the Full Story...

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Sweden Joins ECB’s Real-Time Payments Platform
Sweden Joins ECB’s Real-Time Payments Platform
April 03, 2020  |  Faster Payments

Sweden is the latest country to join the European Central Bank’s (ECB) instant payments platform in an effort to ease electronic payments. The agreement allows...

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COVID-19 Cash Flow, Grocery Payments, Lyft Driver ‘Referrals’ Top This Week’s News
COVID-19 Cash Flow, Grocery Payments, Lyft Driver ‘Referrals’ Top This Week’s News
April 03, 2020  |  News

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and...

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Uber Eats Accepts Donations For Restaurants; Pledges $5M To Fund
Uber Eats Accepts Donations For Restaurants; Pledges $5M To Fund
April 03, 2020  |  Coronavirus

To let diners assist their favorite eateries amid the COVID-19 pandemic, Uber Eats is putting an in-app donate button into place. The food delivery company also intends...

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Today In Payments: Airbnb Drops Internal Valuation 16 Pct; Gig Workers’ Unemployment Benefits In Question
Today In Payments: Airbnb Drops Internal Valuation 16 Pct; Gig Workers’ Unemployment Benefits In Question
April 03, 2020  |  News

In today’s top news, Airbnb has lowered its internal valuation 16 percent as lockdowns continue to hammer business, and gig workers face uncertainty over how...

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People’s Bank Of China Injects $56B Of Liquidity To Boost Lending
People’s Bank Of China Injects $56B Of Liquidity To Boost Lending
April 03, 2020  |  International

The People’s Bank of China (PBOC) trimmed the amount of cash some banks must put aside as reserves as a way to encourage lending, as...

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Mnuchin: Community Banks Processed Almost $875M In Relief Loans
Mnuchin: Community Banks Processed Almost $875M In Relief Loans
April 03, 2020  |  Coronavirus

In a social media post, U.S. Treasury Secretary Steven Mnuchin said community banks have helped process many of the small business Paycheck Protection Program (PPP)...

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Pelosi Calls For More SMB Funding For COVID-19 Relief
Pelosi Calls For More SMB Funding For COVID-19 Relief
April 03, 2020  |  Coronavirus

Not content with the $2 trillion in coronavirus relief Congress passed last week, House Speaker Nancy Pelosi (D-Calif.) wants more small business loan funding, additional...

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