News

Retail
Ulta Beauty To Put Many Retail, Salon Associates On Leave
April 09, 2020

Amid the spread of the coronavirus, Ulta Beauty Inc. said it plans to put many of its retail staffers on leave. The company said the temporary furlough is effective on April 19. All furloughed staffers who are in company benefit plans will stay enrolled, according to an announcement.  ...

B2B Payments
FinTechs Take On Payment Rail Status Quo
April 09, 2020

Although SWIFT revealed plans for its account-to-account functionality last month, the announcement only began making headlines a few days ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Why Australia’s Banking System Helps — And Hurts — SMB Card Adoption
April 09, 2020

Access to financial services is a staple of success for any business, but many SMBs can face particularly high hurdles when accessing the products and services they require. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Mastercard’s Ethoca On Helping Merchants Grapple With The Upcoming Chargeback Deluge
April 09, 2020

A deluge of chargebacks is headed toward the payments industry, spurred by the coronavirus, as all areas of the global economy have been upended. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Why Corporates Are Rethinking The Commercial Card For Payment
April 09, 2020

From coordinating a team of newly remote workers to assessing new business models, the coronavirus pandemic is drastically disrupting the way organizations run and it is forcing a complete rethink of almost every aspect of operations — payments included. Get the Full Story Complete the...

Merchant Innovation
ISVs Help Merchants Make The Digital Pandemic Pivot — With Data
April 09, 2020

To paraphrase Winston Churchill, when you find yourself going through tough times, keep going. 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...

Security & Fraud
Travis Kalanick Disavows ‘Internet Food Court’ Using His Name
April 08, 2020

An “internet food court” website seemingly associated with Uber Co-Founder Travis Kalanick‘s ghost kitchens business appears to have vanished, with representatives saying someone else had gone forward with the idea without authorization, according to the Financial Times. Get the Full Story Complete the form to...

Investments
Hong Kong’s SMB FinTech Neat Nets $11M
April 08, 2020

Hong Kong-based finance startup Neat has closed a Series A funding round and come away with $11 million, 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...

Retail
In China, Pent-Up Demand For Cosmetics A Blip Or Trend?
April 08, 2020

Emerging from lockdown, Chinese consumers may be opening up (digital) wallets and purses … though gradually. 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...