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Payment Methods
American Express To Donate Meals To Women’s Shelters
June 02, 2020

American Express is encouraging its cardholders to order food on Deliveroo, and every time they do, the global finance services company will deliver a meal to a woman in need in New South Wales. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Alibaba Launches Credit For SMBs Buyers On Its Platform
June 02, 2020

Alibaba.com is rolling out a new program that aims to make it easier for small- and medium-sized businesses (SMBs) to enter the world of global trading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Report: Criminals Netted $1.4B From Crypto Crimes
June 02, 2020

In the first five months of the year, cryptocurrency thefts, hacks and frauds totaled $1.4 billion, and could exceed the 2019 loss of $4.5 billion by year’s end, according to a new report.  Get the Full Story Complete the form to unlock this article and...

Partnerships / Acquisitions
Talks Over Termination Fee May Threaten Grubhub-Uber Deal
June 02, 2020

Another major obstacle has emerged in Uber’s bid to buy Grubhub: The food-delivery service wants a big payoff if federal regulators nix the deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Stitch Fix Announces Layoffs of 1,400 California Stylists
June 02, 2020

As it looks to hire employees in lower-cost states, Stitch Fix Inc. told its approximately 1,400 California-based stylists that they would be laid off. Many of the layoffs will occur in September. The impacted individuals will have the opportunity to move to remain with the...

Retail
Slight Uptick Reported In Retail Rent Payments
June 02, 2020

Another month of the pandemic and another first of the month when retail lease payments are due. As the crisis enters its fourth month, counting March, two new earnings reports indicate that about 60 percent of retailers are paying their rent — with a few...

Europe
Mastercard’s Fintech Express Aims To Fuel European Startups
June 02, 2020

Mastercard has added a program designed to assist FinTech startups in Europe with quickly launching and expanding, the company announced on Tuesday (June 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Retail Advocacy Groups Mix Urgency And Cautious Optimism
June 02, 2020

The forces closing in on retail have forced its various trade and advocacy groups to press their case in Washington. Among those forces: 2.1 million in the industry out of work as of April, spring inventory still sitting in stores and various government programs that...

Retail
Smart Retailers Inspire Confidence Via Cleanliness
June 02, 2020

Integrity. Honesty. Value. Customer-centricity. The list of positive retail brand attributes goes on and on, but one new post-pandemic value has become more important than all the others: cleanliness. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...