While some bars and restaurants operate on a year-round model, expecting some seasonal variation but more or less working the same way from month to month, those that rely on seasonal tourism rushes have a unique set of challenges to which they need to adapt....
Fraudsters bilked about $163 billion from the unemployment system during the COVID-19 pandemic, according to the semiannual report to Congress by the Office of Inspector General for the U.S. Department of Labor covering the six months between Oct. 1, 2021, and March 31, 2022. Get...
Today in retail, Ulta Beauty benefits from shoppers’ desire to emerge from COVID-19 pandemic lockdowns, while Costco keeps its low-price differentiator in place as inflation continues to rise. Plus, Big Lots points to inflation as the cause of its lackluster sales. Get the Full Story...
Alternative credit asset manager and FinTech startup Viola Credit closed its $700 million fund — the Viola Credit Alternative Lending Income Fund II (ALF II) — providing asset-based lending capital to FinTech, PropTech and InsurTech startups. Get the Full Story Complete the form to unlock...
As grocery delivery services struggle to make the model profitable, Instacart is supplementing its revenue with expansions to its advertising business Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
FinTech Centbee is making it easier for U.K. residents to send digital cash to people in West Africa through the blockchain with a new service, announced Thursday (May 26) at the Global Blockchain Convention in Dubai. Get the Full Story Complete the form to unlock...
Chinese cross-border payments platform PingPong Payments is partnering with European bank BNP Paribas on acquiring services in support of Europe’s direct-to-consumer (D2C) market, according to a Thursday (May 26) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
If we’ve learned anything from the events of the past two years it’s that change is happening faster than ever and it’s coming to eCommerce, shoved by shifting consumer expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
When shopping with online grocers and online retailers, consumers consider different shopping features to be most important, but a large share say the ability to use their preferred payment method is something they want. Get the Full Story Complete the form to unlock this article...
