The digital shift continued to show its dramatic potential to change retailing today, as three companies announced major changes to their business models. No less than Sam’s Club, Starbucks and fashion high-flyer Zara have made adjustments to online ordering and purchasing. Get the Full Story...
One of the unsung casualties of the pandemic for retailers may be 5G technology and its rollout. Its proponents had Christmas visions of dressing room tech, augmented reality (AR) experiences and even supply chain efficiencies that grow from the increased bandwidth that the technology can...
Lowe’s Companies, Inc. opened its inaugural phase of grant applications to offer relief to minority-owned businesses as part of its $25 million commitment announced in the past. The effort comes at a time when small companies work to stay in business and pay their workers...
Cross-border payments are immense, clocking in at $29 trillion in 2019 and projected to balloon to an estimated $39 trillion in the next two years. Moving that money securely and swiftly is another matter, however, as pandemic-induced chaos continues to roil markets and embolden hackers....
The pandemic is setting the stage to change just about every aspect of running a business. 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...
Cash is king, and today, cash flow management is an imperative function for large corporations and small businesses — many of which continue to struggle with the market volatility and business disruption caused by the COVID-19 pandemic. Get the Full Story Complete the form to...
Fraud detection software platform NS8 has closed a Series A funding round for $123 million, led by Lightspeed Venture Partners, a press release states. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Corporates are diving into an unprecedented opportunity to digitize and modernize. Whether it’s the result of necessity in a remote working environment or of a slowdown in business that frees up time to focus on the transformation, organizations are quickly flocking to their banks and...
As consumers have been hit hard by the economic effects of the COVID-19 pandemic, card issuers have seen a sharp impact to their business. In the immediate aftermath of the pandemic that pushed workers into indefinite furloughs and unemployment, credit card transaction volumes plunged by...
