Amazon Will Reportedly Postpone Prime Day Until At Least August

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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