Inertia is a powerful force in the world of payments and commerce, and one that explains the persistence of things that seem like they should have been disrupted long ago. Paper checks, the biweekly pay cycle, contact-based payments — the technology has long existed to banish...
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 airlines. Get the Full Story...
Within a 30-day period, Instacart has hired 300,000 more people, instituted mandatory wellness checks and stepped up efforts to ensure the safety of its workforce. In the next 60 days, the San Francisco-based startup will bring on another 250,000 workers. Get the Full Story Complete...
Another high-profile corporation is giving back its Paycheck Protection Program (PPP) money. 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...
After previously indicating that he supported increased tax rates but was against a wealth tax concept, billionaire investor Leon Cooperman said in a televised interview that the coronavirus emergency will “likely” change capitalism permanently and taxes will need to be increased before long, according to...
Georgia Governor Brian Kemp, who was against COVID-19 stay-at-home mandates from the start, is preparing to open the state on Friday (April 24), despite the advice of medical experts, President Trump and even some of his own constituents. Get the Full Story Complete the form...
House Antitrust Subcommittee Chairman David Cicilline called for a ban on mergers Thursday (April 23) until the COVID-19 pandemic ends, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
As the COVID-19 pandemic has slammed America, the collateral damage to the U.S. economy has spread far and wide. Some of the ripples like a halt to tourism and in-restaurant dining amid social-distancing rules were easy to foresee. But others – like lower Coca-Cola sales –...
Thursday (April 23) is draft day for the National Football League as the NFL lines up to tackle the new era launched by the COVID-19 pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
