Goldman’s Consumer Deposits Increase By $20B In Q2
Goldman’s Consumer Deposits Increase By $20B In Q2
July 15, 2020  |  Earnings

Goldman Sachs reported on Wednesday (July 15) that consumer deposits grew by a record $20 billion to $92 billion during the second quarter as the...

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Report: Some Wirecard ‘Partnerships’ May Be A Hoax
Report: Some Wirecard ‘Partnerships’ May Be A Hoax
July 15, 2020  |  Security & Fraud

Wirecard AG, the insolvent German payment processing company facing criminal accusations, may have misled the financial community about its partnerships with blue-chip companies. Get the...

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Digital Is The New Normal In Payments
Digital Is The New Normal In Payments
July 15, 2020  |  Payments Innovation

“In our experience, ‘billers’ don’t want to own the payment process. They want solutions that can shield them from the complexity and risk of payments...

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StockX Report Affirms Resale Market Acceleration
StockX Report Affirms Resale Market Acceleration
July 15, 2020  |  Retail

The apparel and footwear resale market is seeing record-setting growth during the pandemic. Sites like thredUP and Poshmark have experienced a surge in consumer activity....

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Virtual Mall Platform Finds Traction
Virtual Mall Platform Finds Traction
July 15, 2020  |  Retail

There were more dire predictions for the mall sector this week, as some states had to revisit their lockdown mandates due to new COVID-19 spikes....

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Digital Transformation Hits Overdrive
Digital Transformation Hits Overdrive
July 15, 2020  |  Payments Innovation

“Just as changing consumer behaviors are accelerating the adoption of digital commerce, they are also creating a greater demand for digital payout methods.” Get the...

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Fueling Retail, Card Innovation With Digital Technologies  
Fueling Retail, Card Innovation With Digital Technologies  
July 15, 2020  |  Today In Data

Livestreaming online shopping is finally gaining momentum in the United States, via an evolving business model from Glamhive. In the automotive arena, sellers have implemented third-party technology such...

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Best Buy Mandates Face Masks
Best Buy Mandates Face Masks
July 15, 2020  |  Retail

Best Buy shoppers at the retailer’s U.S. stores will now have to wear a mask as COVID-19 cases are on the rise, The Wall Street...

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Burberry To Reduce Workforce By 500 Positions Amid Pandemic
Burberry To Reduce Workforce By 500 Positions Amid Pandemic
July 15, 2020  |  Retail

Following a drop in sales amid the COVID-19 health crisis, Burberry is to reduce its workforce by 500 positions globally with the inclusion of 150 jobs in...

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