News

Retail
CVS To Open 50+ COVID-19 Drive-Thru Testing Sites
May 14, 2020

As it works to address the pandemic with testing, CVS Health plans to open over 50 COVID-19 testing sites at designated CVS Pharmacy drive-thru locations throughout Connecticut, Florida, Arizona, Pennsylvania and Massachusetts. The pharmacy chain said the opening of “hundreds” of further test sites throughout...

B2B Payments
Looking Beyond The Biggest Banks For SMB Relief
May 14, 2020

The Paycheck Protection Program (PPP) has dealt some difficult lessons, even to the largest Main Street lenders, as financiers struggle to meet demand, seamlessly process applications and mitigate the risk of fraud. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
The One-Two Punch Of B2B Payments Disruption: Virtual Cards And The Cloud
May 14, 2020

In the push to digitize B2B payments, the commercial card continues to gain traction thanks to its ability to meet buyers’ need for financing while simultaneously addressing suppliers’ need for faster access to capital. Get the Full Story Complete the form to unlock this article...

B2B Payments
American Express Partners With Software Firm Invoiced To Offer 40 Percent Discount
May 14, 2020

American Express is teaming up with accounts-receivable software company Invoiced to help the credit-card company’s customers with an exclusive offer for 40 percent off an Invoiced subscription for the first two years. Get the Full Story Complete the form to unlock this article and enjoy...

Delivery
NYC OKs Delivery Fee Caps
May 14, 2020

The New York City Council doesn’t want to let food delivery apps charge restaurants too much for delivery fees, as it voted to put a cap on the fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
SMBs Find Revenue Stability In An Offline-To-Online Migration
May 14, 2020

If there’s one thing for certain for small business today, it’s that nothing is certain. 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,...

Partnerships / Acquisitions
Uber Sets Grubhub Value At $6B As Takeover Talks Go On
May 13, 2020

Uber CEO Dara Khosrowshahi and Grubhub Founder and CEO Matt Maloney, who have known each other for years, are discussing the details of a potential merger or acquisition, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article...

Retail
Survey: US Consumers Bargain Hunting, Not Hoarding Now
May 13, 2020

When the coronavirus pandemic struck the nation two months ago, panicked customers stockpiled paper goods, shelf-stable foods and other essentials as states shut down. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
EedenBull Launches Corporate Cards-as-a-Service For Banks
May 13, 2020

EedenBull, a Norwegian FinTech, has rolled out its new commercial card platform to banks to take advantage of better B2B payment capabilities, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...