News

Merchant Innovation
How Chairish Helped Its Marketplace Sellers Stay Open — And Recover
June 16, 2020

The year was off to a flying start for Chairish CEO Gregg Brockway. 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....

B2B Payments
Goldman Sachs, GTreasury Partner To Streamline Global Payments
June 15, 2020

GTreasury, a treasury management system provider, is working with Goldman Sachs on a new solution to offer easier, more transparent B2B payments both at home and internationally, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Receipt Bank Buys Xavier To Boost Accounting Services
June 15, 2020

Digital accounting platform Receipt Bank has acquired analytics firm Xavier to help boost services for accountants and bookkeepers, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
UK Airport Gatwick Says It Will Take 4 Years For Travelers To Return
June 15, 2020

Passenger demand at Gatwick, London’s second-largest airport, could remain depressed for the next three or four years as the travel sector continues to deal with the fallout of the pandemic, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
RippleNet Cloud Lands Banco Rendimento As First Bank Client
June 15, 2020

Banco Rendimento has signed onto the RippleNet Cloud platform, making it the first bank to completely use Ripple‘s technology in the cloud, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Restaurant Group Says Pandemic Could Cost Industry $240B
June 15, 2020

The restaurant industry, hit hard by the effects of the coronavirus, has lost $120 billion in the first three months of the pandemic, reported the National Restaurant Association. The organization said its research indicated the industry’s losses are likely to keep rising and will total...

B2B Payments
Wirecard Teams With Payhawk For Corporate Expense Card Rollout
June 15, 2020

To offer businesses a simple way for supervising expenditures, digital financial technology firm Wirecard is teaming with Payhawk to roll out a new Visa card, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Late Payments Haunt 52 Pct Of B2Bs Across Asia
June 15, 2020

Businesses across Asia are grappling with a surge in overdue payments and invoices, a new report finds. 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...

News
Today In Payments: ByteDance Bids For Singapore Banking License; AmEx Cleared To Process Transactions In...
June 15, 2020

In today’s top news, ByteDance joins the race for one of Singapore’s five digital banking licenses, and American Express has received initial approval to process transactions in China. Plus, the Senate will hold a hearing this week to explore the recent growth — and future...