The week leading up to Christmas broke records in the restaurant industry this year, but not in a good way. For the week that ended Dec. 20, eating establishments posted the worst sales and foot traffic since mid-June, CNBC reported on Wednesday (Dec. 30). Get...
With trade shows canceled and enterprise digitization accelerated, 2020 was a big year for the adoption of B2B eCommerce. Whether through the use of online marketplaces or proprietary supplier portals, B2B sellers embraced the opportunity to connect with business customers online, while buyers reciprocated by...
In today’s top news, stimulus check distribution began Tuesday, and 9 out of 10 Christmas phone activations were iPhone models. Plus, a “K-shaped” recovery is defining the world’s economic rebound, as big companies continue to grow, and SMBs struggle. Get the Full Story Complete the...
Although the $900 billion COVID-19 relief package passed by the White House this week includes $284 billion for small and mid-size businesses (SMBs), there are signs that the Paycheck Protection Program (PPP) still has vulnerabilities that previously led to fraud, The Wall Street Journal reported...
Today in B2B payments, businesses are expected to see a K-shaped economic recovery, and Avalara acquires INPOSIA. Plus, Lendio reintroduces its PPP lending solution, TradeSquare debuts its B2B online marketplace, and NebulARC releases a logistics SaaS offering. Get the Full Story Complete the form to...
Nasdaq-listed Future FinTech Group said Wednesday (Dec. 30) that it had “closed the registered direct offering” of more than 4.2 million units consisting of “one share of its common stock and a warrant to purchase one share of its common stock, at a purchase price of $1.90 per...
Connected-economy companies led 2020’s surprisingly successful roster of U.S. initial public offerings, with hot firms like Airbnb and DoorDash going public at valuations that collectively topped $120 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
There’s no arguing the fact that Amazon has been a lifeline for small businesses this year. During the extended holiday season, the eCommerce giant says its independent sellers saw their sales grow more than 50 percent over 2019. And while the eCommerce champion said it...
The Walmart Media Group is looking to take on Amazon’s advertising division by touting what the retail giant can do for online sellers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
