News

Security & Fraud
Data Breaches Impact Unemployment Benefit Applicants In Four States
May 22, 2020

Unemployed workers in at least four states who are coping with layoffs from the impact of the coronavirus now have another worry, NBC News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Partnerships / Acquisitions
India Regulators Investigate Zomato-Uber Eats Deal
May 22, 2020

Zomato, an India-based food delivery startup, is reportedly being investigated by regulators for its purchase of Uber Eats India, which could be seen as violating the nation’s anti-competitive rules, sources told MoneyControl.com. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
NRF Cautions On Treasure Hunt Shopping
May 22, 2020

The reopening of retail is bound to portend changes for businesses as well as consumers. The National Retail Federation (NRF) and other groups have released guidelines for store operation and design today (May 22) as members begin to come back from the economic devastation of...

Retail
Ex-Stitch Fix COO Says Yes To AI-Powered Fashion
May 22, 2020

Former Stitch Fix COO Julie Bornstein is behind a new startup announced earlier this week called The Yes. Launched with ex-Google technical guru Amit Aggarwal, the women’s fashion site is billed with no less an ambition than “a next gen shopping experience poised to redefine the architecture...

Retail
Philly Consortium Advances ‘Regenerator’ Concept For SMBs
May 22, 2020

The data painted a dark picture for Main Street retail this week, with a new Facebook & Small Business Roundtable study showing that over 30 percent of small to medium-sized businesses have either failed or don’t see a way forward due to the pandemic. While...

Retail
Caesars To Resume Gaming, Hospitality Operations In Vegas
May 22, 2020

As it gears up to reopen in Las Vegas, Caesars Entertainment Corporation said it would resume its gaming and hospitality functions at Flamingo Las Vegas and Caesars Palace at “the date and time for reopening specified by the state of Nevada.” The gaming firm said it...

Retail
Ross Stores Begins Reopening After Reporting Sales Drop
May 22, 2020

Amid the ongoing spread of the pandemic throughout the country, Ross Stores, Inc. reported total Q1 sales of $1.8 billion compared to $3.8 billion in the prior year. The retailer said it wasn’t reporting comparable-store sales, as its shops were open for less than seven weeks...

Faster Payments
Demand For Faster Payments Skyrockets
May 22, 2020

If you want to know how consumers feel about faster payments, talk to the millions of Americans who still have not received stimulus money as of mid- to late-May. The U.S. real-time payments void has hurt commerce, too, as PYMNTS research finds that close to...

B2B Payments
How Banks Can Guide FinTechs Through Their First Economic Downturn
May 22, 2020

From competitors to collaborators, the FinTech boom introduced a field of opportunity for traditional financial institutions to team up with an industry newcomer to become more agile and modern with their own product offerings. Get the Full Story Complete the form to unlock this article...