Point-of-sale (POS) FinTech Toast is partnering with the U.S. Small Business Administration (SBA) to help streamline the application process for restaurant industry grants. The $28.6 billion Restaurant Revitalization Fund (RRF), authorized by the federal government’s March stimulus bill, will soon begin the grant application process. The...
The PYMNTS SPAC/IPO Tracker shows that though some observers have flagged the red-hot listing pace as ripe for a slowdown — CNBC reports that April has seen roughly 10 SPAC deals, where March had about 109 deals) — software companies and firms that stake their claims...
In today’s top news, bitcoin fell below $50,000 for the first time in weeks, and Square launched new inventory management tools for retailers. Plus, Vivid Seats, the online ticket reseller, is going public via SPAC. Get the Full Story Complete the form to unlock this...
Osaka, Japan-based Panasonic said on Friday (April 23) that it has agreed to acquire Blue Yonder, the end-to-end digital fulfillment platform provider. The deal, which PYMNTS reported last month, comes at a time when a surge in eCommerce has boosted demand for technology to smooth...
In The Connected Economy’s Power Source – CEO Edition, Brad Wiskirchen, CEO of Kount, takes a deep dive into how the digital transformation has impacted the payments landscape and accelerated the need for effective fraud prevention. “In this evolving, digital-first world, any business that engages...
Walmart CEO Doug McMillon said the largest U.S. retailer is constantly adjusting to experiences and events and noted that a year of pandemic-related change and challenges confirmed the company’s commitment to its omnichannel strategy. Get the Full Story Complete the form to unlock this article...
Footwear and apparel retailer Skechers said its first-quarter sales got a lift from its international sales and the continued consumer embrace of walking and other healthy lifestyle choices that have increased during the pandemic and led people to buy shoes to exercise. Get the Full...
With nearly $2 trillion in combined market value and over $800 billion in sales between them, not a week goes by in which Amazon and Walmart aren’t vying to gain the upper hand by launching new ways to meet the ever-changing needs of consumers around...
Lia Cao, global head of wholesale payments solutions, J.P. Morgan, believes that in the post-pandemic economy, there is no room for legacy payment models. “Business transformation is an inevitability in the upcoming environment, and payments now needs to be in lockstep, every step of the...
