News

Retail
Mall Bankruptcies Continue With PREIT And CBL
November 02, 2020

Another wheel has fallen off in the troubled mall sector, as two real estate trusts have filed for Chapter 11 bankruptcy. The filings, both announced Sunday night (Nov. 1), came from Philadelphia-based PREIT and Tennessee-based CBL & Associates. Get the Full Story Complete the form...

Retail
Digital River CEO: Branding Will Drive Holiday Success
November 02, 2020

For retailers, the beginning of November would normally be the ramp-up to the holiday season. It used to be a time to check inventory, optimize media campaigns and revisit strategies for Thanksgiving weekend. Get the Full Story Complete the form to unlock this article and...

Retail
Estée Lauder Reports 9 Pct Net Sales Drop
November 02, 2020

The Estée Lauder Companies Inc. reported on Monday (Nov. 2) as part of its fiscal Q1 2021 earnings that net sales fell 9 percent on an as-reported and constant currency basis, according to a press release. Get the Full Story Complete the form to unlock...

Digital Banking
FIs Need To Think Like Tech Firms With Banking Licenses
November 02, 2020

Digital payments are, in a way, overwriting legacy systems with new “code” for these connected, touchless times. It’s what the people want, but transformation introduces complexity that must be well-managed. Systems choices and related variables help determine that success. Get the Full Story Complete the...

Payments Innovation
Payments Orchestration Increasing Digital Transaction Success Rates
November 02, 2020

Looking for straight talk on where things stand? Here you go: “It has been roughly seven months since the pandemic was declared, and consumers show no signs of wanting to return to stores to shop the way they once did. Roughly eight out of every...

Faster Payments
Deep Dive: How Faster Payment Tools Can Ease Frictions For Consumers And Businesses
November 02, 2020

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B2B Payments
Adding Banking To The Mix Of Growing Digital SMB Ecosystems
November 02, 2020

The pandemic has altered the business banking landscape, in more significant ways than one. 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...

B2B Payments
Hospitals, Political Campaigns Brace For Cyberattacks
November 02, 2020

The top story this week in B2B fraud was undoubtedly the issue of fraud in the Small Business Administration (SBA) small business relief program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
How Emergency Assistance Foundation Is Tapping Digital Payment Tools To Speed Up Disaster Relief, Payments
November 02, 2020

When disaster strikes, nonprofits mobilize to extend grants and funding to partnering businesses, but payments can go awry when they use legacy B2B payment tools to disburse those funds. In the latest Digitizing B2B Payments Tracker, Doug Stockham, president of international disaster-relief nonprofit Emergency Assistance...