In today’s top digital-first banking news, clients of BBVA subsidiary Simple Bank are reportedly getting emails telling them that Simple is closing and the intent is to move them to BBVA, while the Treasury Department announced that stimulus Visa debit cards are being mailed to...
In today’s top retail news, CarLotz, Inc. says it has received the necessary approval from its investors to complete a potential merger with a blank-check company, while PriceSmart, Inc. reported a 7.7 percent rise in net merchandise sales from Q1 fiscal 2020 to Q1 fiscal 2021....
Amazon has ended one of its first efforts to sell food online, with the eCommerce retailer closing its Prime Pantry service. Many items available under the Prime Pantry name in the past were integrated into its main website, Bloomberg reported Get the Full Story Complete...
Back in 1785, a fellow by the name of Evans invented the first fully automated industrial process — a water-powered flour mill. Automation’s long march to the present day finds automation grinding out new solutions to cash management issues during a topsy-turvy economic time. Get...
The year 2020 meant big changes for retailers that had primarily defined themselves by physical interaction as brick-and-mortar merchants were forced to adapt to an eCommerce-focused world as their best option for holding on to their now homebound customer base. That digital dive was difficult...
Today in B2B payments, ActiveWorx launches its B2B payment optimization tool, while PayJunction debuts an eInvoicing feature. Plus, U.K. debt collectors seek a bigger role in recovering SMB aid, Fides expands bank connectivity for treasurers and jobless claims dip slightly. Get the Full Story Complete...
Robinhood is considering selling shares directly to its users if it opts to hold an initial public offering (IPO). 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...
In today’s top payments news around the world, the United States is halting tariffs on French products, while the Cyberspace Administration of China is considering a revamp of internet oversight regulations. Plus, the World Health Organization (WHO) is warning that Europe is likely entering an...
Concerns continue to grow over Google’s plan to update the Chrome web browser, with the U.K.’s competition watchdog reportedly eyeing the issue of third-party cookies, in particular. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
