U.K. digital bank Monzo will cut 120 jobs due to the impact of the coronavirus, Reuters reports. 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...
The parent company of New York & Co., the wear-to-work retailer for women, warned it may file for Chapter 11 bankruptcy protection as the nationwide chain has been crippled by the COVID-19 crisis, CNBC reported. Get the Full Story Complete the form to unlock this...
After bolstering their supply chain payment practices, five companies that were suspended from the Prompt Payment Code (PPC) in the past have been reinstated. Screwfix, IBM, Seddon Construction, Kier Highways and BT PLC were the five reinstated companies, according to an announcement. Get the Full...
To speed up fleet and billing functions for truck drivers as well as back-office staffers, mobile capture and workflow technology company Vector has teamed with transportation management software firm McLeod Software, according to an announcement. Get the Full Story Complete the form to unlock this...
After previously setting July 1 as the date to reopen for international tourism, which comprises 12 percent of its output, Spain is at work on plans to slowly allow tourists from nations determined to be safer when it comes to fighting the pandemic. The country...
Homeowners in China and beyond will soon be able to use smart speakers to turn on the lights and control the microwave under a new partnership between Chinese search and artificial intelligence giant Baidu and smart device manufacturer Midea Group. Get the Full Story Complete...
For many more Americans than usual, COVID-19 woes mean that “soup’s on!” Now, the Campbell Soup Company’s top executive predicts that his company’s products will keep moving right off the shelves, even as U.S. lockdowns ease. Get the Full Story Complete the form to unlock...
AMC Entertainment Holdings is warning investors that it may not be able to survive “as a going concern” as the movie theater giant struggles with the economic fallout from the coronavirus crisis. Get the Full Story Complete the form to unlock this article and enjoy...
In today’s top news, PayPal and Facebook are to take stakes in Indonesia’s Gojek, and the Reserve Bank of Australia is considering cutting costs of electronic payments to encourage eBanking. Also, Wells Fargo will no longer offer loans to independent auto dealers. Get the Full...
