News

Retail
Noodles & Company CEO On Restaurants’ Post-COVID Future
November 04, 2020

Like so many verticals that have adapted to survive the COVID-19 era, the restaurant industry is seeing the acceleration of trends that were already in place, Dave Boennighausen, CEO of fast-casual chain Noodles & Company told Karen Webster in a recent conversation. He said Noodles’...

Retail
NEW DATA: Five Payments Innovations For Winning The Digital-First Shopper
November 04, 2020

The United States is in the midst of a massive shift away from traditional brick-and-mortar to digital commerce. 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...

B2B Payments
Conferma Pay: Virtual Card Finds Footing Amid Market Volatility
November 04, 2020

Optimizing B2B payments means providing a consumer-like experience while ensuring a seamless workflow, security and centralized control over spend within the enterprise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Today In Retail: Wayfair Exceeds Estimates; Carvana Sales Surge; SA Company Pivots With Pandemic
November 03, 2020

These are the top stories in retail for Tuesday (Nov. 3). 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 completing...

IPO
Ant Group IPO Delay Costs Alibaba Billions In Value As Stock Drops
November 03, 2020

Jack Ma has seen his net worth plunge by $3 billion after the Ant Group double initial public offering (IPO) was suspended on Tuesday (Nov. 3) by Chinese regulators, according to a report from Business Insider, which quoted numbers from Bloomberg’s Billionaire Index. Get the...

Retail
Amazon Pledges To Fight Price Gouging As Demand Rises For Necessities
November 03, 2020

Amazon has to keep up fighting off price gouging on its eCommerce platform, as a new wave of COVID-19 infections has prompted more panic buying, Fox Business reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Hong Kong Digital Payment Platform Statrys Lands $5M
November 03, 2020

Hong Kong-based digital payment platform Statrys has recently landed $5 million in funding through a closed-door funding deal with an angel investor with the expectation that the firm will get market share in the expanding remittance and digital payment arena, according to an announcement. Get...

IPO
Airbnb Establishes Host Endowment Ahead Of IPO
November 03, 2020

Airbnb is earmarking 9.2 million shares to fund an endowment to support its hosts as the Silicon Valley unicorn prepares for an initial public offering (IPO), the company said in a recent statement. Get the Full Story Complete the form to unlock this article and...

Partnerships / Acquisitions
Repay Holdings Seals Deal For CPS Payment Services
November 03, 2020

Repay Holdings said on Tuesday (Nov. 3) that it has completed its multimillion-dollar acquisition of CPS Payment Services, a B2B payments and accounts payable (AP) automation technology provider. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...