News

Ridesharing
Lyft Rolls Out Vehicle Partitions In Health Safety Program
July 17, 2020

Lyft is giving more drivers plexiglass shields to prevent the spread of germs between the front seat and rear seat areas of cars, the company announced in a blog post Friday (July 17). Get the Full Story Complete the form to unlock this article and...

Retail
Delay Of Game: USPS Considers Massive Cuts
July 17, 2020

The beleaguered U.S. Postal Service might be about to make eCommerce shipping woes even worse. According to several sources including the EcommerceBytes blog, the USPS is developing a new business plan focused on cost cutting and economic efficiency, and cuts are rumored that could delay...

Retail
UK Trade Group Seeks Gov’t Help For Fashion Sector
July 17, 2020

A trade group for the U.K. fashion industry is asking for government support for the sector amid the pandemic. The British Fashion Council (BFC) said it “welcomes” the assistance that has been put into place by the government, but notes that a number of fashion...

Retail
Costco Plans For Five New Store Locations This Fall
July 17, 2020

Even with a rise in COVID-19 cases in a number of states, Costco intends to open five new stores prior to September’s close, in addition to two delivery facilities. The new stores will be in Cherry Hill, New Jersey; Bismarck, North Dakota; Saratoga Springs, Utah;...

B2B Payments
How Childcare Centers Adapt To Fluctuating Payroll Needs
July 17, 2020

The pandemic has had a particularly disruptive effect on the world’s children with tele-education now the norm in the U.S. and across the globe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
B2B FinTech Stays Resilient Amid Investment Slowdown
July 17, 2020

FinTech funding had already seen a dip in Q1 this year, but the pandemic may be further suppressing investor appetite. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Twitter Hack Of Kardashian, Obama And 130+ Other A-Listers Invites FBI Probe
July 17, 2020

The FBI is investigating the worst security breach in Twitter’s 14-year history, as hackers commandeered more than 100 high-profile accounts, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Digital Banking
Live Chat: The Three Things FIs Must Do To Deflect Big Tech
July 17, 2020

The pandemic and the resulting digitization of many consumers’ lives didn’t create the digital transformation in financial services; that was already underway. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Digital Banking
Helping Big Banks Overcome Their Cloud Paralysis
July 17, 2020

Migrating to the cloud is an imperative part of traditional financial institutions’ (FIs’) ability to compete with digital-native FinTechs. The technology lays the foundation for modern, agile products and services, with enough flexibility to evolve as market conditions and customer demands change. Get the Full...