“If payment execution itself is manual, firms can expect disruption. If third parties use manual labor to execute payments, there will be disruption,” Tipalti CEO and Co-founder Chen Amit told PYMNTS. “To the extent possible, it’s best to use fully automated systems that minimize manual...
British Airways is set to cut around 30 percent of its workforce consisting of 42,000 people, the airline said, as the coronavirus continues to make air travel an unsustainable industry for the time being. Get the Full Story Complete the form to unlock this article...
TripAdvisor is further cutting staff after already doing so earlier this year, with the coronavirus’s crippling blow crushing the travel business, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The coronavirus pandemic is upsetting normal life the world over, and plenty of consumers want refunds on things they paid for but aren’t able to use. Here’s a roundup of some efforts by consumers to receive refunds from universities and events — along with an...
With the ongoing coronavirus pandemic still keeping people at home, Uber could be in dire straits, facing potentially laying off 20 percent of its workforce, according to Axios. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The $600 a week in extra COVID-19 unemployment benefits that many laid-off U.S. workers have been expecting are showing up unevenly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The bills get delayed, get deferred, and forbearance is the rule of the day. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
“Payment solutions providers are likely to see an increase in DTC spending and demand, and they should prepare now to help facilitate a smooth transition,” RS2 CEO Daniela Mielke told PYMNTS. “This virus may be contained in a few months, but the long-term impact to...
With the stimulus bill known as the CARES Act, Congress said homeowners could skip mortgage payments for up to a year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
