News

Retail
Best Buy To Let Customers Shop Without Appointments At 800+ Stores
June 10, 2020

As it invites more customers into its stores, Best Buy Co. Inc. said that shoppers will have the ability to “safely and freely” shop at most of its retail locations sans appointment. The electronics retailer will start letting a limited number of customers into over...

Retail
Retail Sales Fell Only 5.6 Pct In May As Consumer Spending Improves
June 10, 2020

Consumer spending in the United States gradually increased last month as shoppers arose from lockdown. Mastercard figures indicated that retail sales in the U.S., outside of the auto industry, fell only 5.6 percent in May from a year prior compared to a 14.1 percent drop...

Digital Banking
Digital Banks Solid In Latest Provider Rankings
June 10, 2020

App-based digital challenger banks have been solidifying and expanding customer bases ever since COVID came to town. And while PYMNTS’ latest Provider Ranking of Digital Banking Apps shows consistency at the top, brands are vying for position in the new digital banking boom. Get the...

Digital Banking
Open Banking By The Book
June 10, 2020

Land rushes. Gold rushes. Now comes the rush to digitally onboard consumers who, driven by the fear of touching things that could be contaminated with COVID-19, are turning in droves to online solutions. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Nixing Truck Stops And Fax Machines From Freight Billing Workflows
June 10, 2020

By its very nature, the freight and logistics arena is mobile, so it may come as a surprise that often times, the technology truck drivers and back-office departments use to move goods from point A to point B is far from mobile-friendly. Get the Full...

B2B Payments
Why The Enterprise Must Take The Lead On Back-Office Integration
June 10, 2020

With Software-as-a-Service (SaaS) now a staple in the enterprise back office for businesses large and small, data integration has surfaced as a key challenge for firms that need to obtain the highest possible return on investment. Get the Full Story Complete the form to unlock...

B2B Payments
BNP Paribas Boosts V-Card Adoption Within Coupa
June 10, 2020

Bank-FinTech collaboration continues as more industry stakeholders consider the value of open banking and areas of operations most prime to benefit from the business model. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payment Methods
Discover: 80 Pct Of Cardholders In Forbearance Paid On Accounts
June 10, 2020

Roger Hochschild, chief executive officer for Discover, said most of their customers no longer have trouble with making payments, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Delivery
Uber Eats Gets Out Of The Ghost Kitchen
June 10, 2020

Less than two years after Uber Eats leased kitchens in Paris to restaurateurs so they can prepare food for its online ordering and delivery platform, the San Francisco-based company has called it quits. Get the Full Story Complete the form to unlock this article and...