News

B2B Payments
Funding Circle Halts Retail Investing To Focus On SMB Stimulus
April 19, 2020

Funding Circle has been given the go-ahead by the British Business Bank to distribute business loans to small- to medium-sized business (SMB) owners hurting because of the coronavirus pandemic, according to a company blog post. Get the Full Story Complete the form to unlock this...

B2B Payments
TravelBank Launches WFH Expense Management Tool
April 19, 2020

TravelBank’s new Work From Home platform will allow businesses to set expenses and figure out logistics for working from home during the coronavirus pandemic, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

News
PPP, Cross-Border AP, Stimulus Funds Top This Week’s News
April 17, 2020

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives into the The Paycheck Protection Program (PPP) as well as cross-border accounts payable...

Payment Methods
Google Close To Launching Smart Debit Card
April 17, 2020

To reportedly help it compete with Apple Pay and the Apple Card, Google is creating its own tangible and virtual debit cards. The card, along with a checking account that is related to it, will let users make a purchase through a card, the web...

Investments
Amazon Gets Initial Approval To Invest In Deliveroo
April 17, 2020

British regulators have given the initial green light for Amazon’s investment in Deliveroo, the London online food delivery company that said it could go bankrupt without an infusion of cash due to COVID-19. Get the Full Story Complete the form to unlock this article and...

News
Today In Payments: Uber Expects Revenue Plunge; Coronavirus Triggers First GDP Decline In China
April 17, 2020

In today’s top news, Uber withdrew 2020 guidance as it anticipate revenue decline, and China’s economy will record its first-ever GDP loss. Plus, banks can take stimulus money to cover withdrawn accounts. Get the Full Story Complete the form to unlock this article and enjoy...

International
China’s GDP Drop Creates Global Ripple Effects For Retail
April 17, 2020

What will the ripple effects be for retailers (in the U.S. and around the globe) as China’s economy shrinks? 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...

News
The Rocky Road To Recovery: Cashless And Contactless, The Credit Crunch And A Community Effort
April 17, 2020

As the COVID-19 crisis is now stretching toward the two-month mark, the size of its impact to the economy is becoming more well-defined and worrisome. Unemployment figures continue to soar and businesses big and small are developing increasingly dark outlooks on their prospects for bouncing...

Retail
iPhone Sales Projected To Fall 36 Pct — Goldman Says Sell
April 17, 2020

As it lowered its recommendation on Apple Inc.‘s stock from neutral to sell, Goldman Sachs noted that the tech firm could lose one-third of its iPhone sales in Q2. Analysts, with the inclusion of Rod Hall, said in a note that iPhone unit sales are ready...