In September PYMNTS reported on findings that “Patrons of restaurants and bars are more likely to contract COVID-19 … according to a survey by the Centers for Disease Control and Prevention (CDC).” About two weeks later, PYMNTS reported that the restaurant segment “showed some signs of shifting back toward pre-pandemic...
Against a backdrop of surging coronavirus cases, the Eurozone is reporting a rebounding economy, with a 12.7 percent hike in third-quarter gross domestic product (GDP), according to a Friday (Oct. 30) report by Eurostat, the statistical office of the European Union. Get the Full Story...
The U.S. presidential election is approaching, COVID-19 cases are seeing a new wave that could crash through the global economy and bank earnings continued to tell a story about consumers surely and steadily shifting their spend. Karen Webster told Daniel Gouldman, co-founder and CEO of Ternio,...
Today in B2B payments, Walmart’s Chile unit faces legal action from a group of suppliers, while supply chain financing firm Greensill Capital struggles to find an auditor. Meanwhile, Pleo introduces a new expense management solution, and Radius Bank launches an API platform for business banking....
As it takes over a large space that Bed Bath & Beyond is leaving behind, The Home Depot is preparing to bolster its footprint in Manhattan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The consumer-packaged goods business has seen the future and it is direct-to-consumer (D2C). Recent earnings calls and other developments show that while CPG companies averaged about a 5 to 10 percent sales increase during Q3, they’re also looking at the D2C space for future growth....
After being on again, off again, the merger deal between iconic jewelry brand Tiffany & Co. and Paris luxury giant LVMH is signed, sealed and moving forward at $131.50 a share — some $430 million less than previously agreed to, LVMH said in a statement....
“New government policies ultimately changed the way the majority of businesses interacted with customers, with new phrases like ‘buy online, pick up in-store’ becoming part of the nomenclature,” says Andre Machicao, senior vice president of CyberSource, Visa. Here, Machicao explains how his firm helped clients...
Covering the cost of payments processing is an unavoidable expense, but many businesses can find themselves paying more than necessary. It is not uncommon for firms to try to mitigate processing costs by using only one payment service provider (PSP) in the hopes of limiting fees,...
