Even in good times, the old-school dine-in restaurant business struggled to survive beneath the weight of high rents, thin margins and tough competition. So when Massachusetts-based Friendly’s this week sought bankruptcy protection for the second time in 10 years, it was not only unsurprising, but...
In natural disasters of the recent past we’ve witnessed government and NGO responses ranging from effective to dangerously disorganized. The COVID episode was not much different in that it taxed infrastructures and negatively impacted money flows already under duress. Get the Full Story Complete the...
Corporate travel may still be at record lows, but that doesn’t mean corporates aren’t making good use of their commercial card products. In this week’s Commercial Card Tracker, PYMNTS looks at the latest corporate card solutions that reveal the opportunity of rapidly digitizing commercial payments....
Even with the digitization of the invoice, fraud remains a rampant problem, and it’s not only the buy-side of the B2B equation faced with the consequences. Whether through malicious intent by legitimate vendors, the altering of real invoices by cyber attackers, or the generation of...
Trade finance is an area of financial services that is notorious for its continued use of paper and legacy systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Scammers are preying on used car buyers as demand surges for pre-owned vehicles amid the COVID-19 pandemic, according to a CBS report on Wednesday (Nov. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
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’...
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...
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...
