Wuhan, China – the epicenter of the disease when the COVID-19 virus exploded onto the world scene – is very slowly coming back to life. On Wednesday (April 8), China officially ended its lockdown on the city, whose name is inextricably linked to the global...
Hong Kong has approved a $17.7 billion relief package to help households and businesses financially crippled by the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Hundreds of billions of dollars, earmarked to save small to mid-sized businesses. 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 Today. By...
For the last several weeks normal life in the United States and around the world has been on hold in a way that has never been seen before — and that no one could have predicted. As the coronavirus pandemic continues, day-to-day life has changed...
Global accounts payable software company Tipalti said Wednesday (April 8) it will waive fees for guilds, nonprofits, and trade groups to assist them in getting cash to their members during the coronavirus crisis. Get the Full Story Complete the form to unlock this article and...
Ekata Vice President and General Manager, APAC, Tom Donlea had recently moved to Singapore to open new offices when the COVID-19 pandemic hit. It’s bad, he told PYMNTS, but not all bad. “This slowing of commercial activity, albeit unfortunate, allows us to place even more...
Restaurant point-of-sale (POS) software provider Toast said it would have to cut about half of its staff — about 1,300 people — as the coronavirus shutters businesses nationwide, according to a CNBC report on Tuesday (April 7). Get the Full Story Complete the form to...
The coronavirus is hitting smaller firms in the U.S. especially hard. 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 Today. By completing...
It could be years before the U.S. economy rebounds from the economic impact of the coronavirus pandemic, former chair of the Federal Reserve Ben Bernanke said during an online event on Tuesday (April 7), according to a Reuters report. Get the Full Story Complete the...