News

B2B Payments
Chinese Banks Vie For SMBs With New Virtual Bank Applications
July 02, 2020

New Chinese lender Ping An OneConnect, along with HSBC, are both working to help ease small- to medium-sized businesses (SMBs) into new virtual, more efficient bank accounts, a report from Yahoo Finance says. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Audit Standards On Hot Seat In Wake Of Wirecard Scandal
July 02, 2020

The former chair of the London Stock Exchange is calling for a thorough overhaul of audit standards in the wake of the $2.1 billion Wirecard AG fraud fiasco. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Purple Carrot Single-Serve Meals Come To Whole Foods Market
July 02, 2020

To provide single-serve frozen products in retail stores, Purple Carrot has rolled out its completely plant-based meals at most Whole Food Market locations throughout the nation in the frozen food section. The brand said it developed the meals with the same dietary ideas and flavor profiles...

IPO
Firms Gravitate To Remote IPOs For Cost And Time Savings
July 02, 2020

Is the “virtual” initial public offering (IPO) here to stay? 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 our daily newsletter, PYMNTS Today. By completing this...

Payment Methods
Senators Push For Bill That Would Force Retailers To Accept Cash
July 02, 2020

If two U.S. senators get their way, cash will be king. 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 our daily newsletter, PYMNTS Today. By completing...

B2B Payments
Corporate Debt Rises As China Tries To Heal From Pandemic
July 02, 2020

Chinese policymakers have been trying to multi-task between fighting pandemic-related economic damage and fueling a new debt bubble from recent spending, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Macy’s Considers Options For Black Friday Amid Pandemic
July 02, 2020

As it starts to consider the holiday season in the age of social distancing, Macy’s Chairman and CEO Jeff Gennette noted on a recent call with analysts that the retailer is mulling all of its available options for Black Friday. Get the Full Story Complete the form to...

Delivery
Food Delivery Expects No Summer Slowdown
July 02, 2020

As Americans head into Fourth of July barbecues and related celebrations, they are showing few, if any, signs that they’re declaring independence from the takeout and delivery services that have surged in popularity during COVID-19’s social distancing. Get the Full Story Complete the form to...

B2B Payments
Oxbury, ClearBank To Help Farmers With B2B Payments
July 02, 2020

U.K.-based specialty bank Oxbury will use ClearBank’s cloud banking platform to help farms and food producers access U.K. payment schemes and B2B advantages, a press release from ClearBank says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...