News

Retail
Jury On 5G Introduction Is Still Out
April 06, 2020

Anyone who’s had a Zoom meeting in the past week will attest to the fact that connectivity is having a moment. That doesn’t mean, however, that the star turn expected from connectivity’s guiding light this year will happen. Get the Full Story Complete the form...

Retail
Shipping Inconsistencies Plague Nonessential eCommerce
April 06, 2020

Nonessential retail is highly dependent – in some cases, completely dependent – on eCommerce during the COVID-19 crisis. And eCommerce success is dependent upon shipping. Therein lies a serious problem. Because as anyone who has ordered a nonessential item over the past few weeks can...

Retail
Yum! Brands To Hold Back Rent In South Africa
April 06, 2020

As its restaurants are shuttered over a lockdown enforced by authorities to keep the coronavirus from spreading, Yum! Brands Inc., the owner of KFC, has reportedly informed landlords in South Africa that it is withholding rent. The policy relates to the just under 50 stores...

Retail
Fitness Studios Offer Free Online Classes Amid COVID-19
April 06, 2020

To keep their market connected amid the coronavirus pandemic that has made many of them shutter because of stay-at-home rules, fitness studios throughout the country are tapping into digital platforms. Boutique classes are, for the most part, providing complimentary sessions, and, as a result, classes...

B2B Payments
With BEC Scams, Wire Payments Aren’t The Problem
April 06, 2020

While troubling times can showcase humanity’s resiliency, they can also bring out the worst in people. 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...

B2B Payments
Redesigning Accounts Receivable For Architecture And Engineering
April 06, 2020

The architecture and engineering (A&E) supply chain is a complex web of designers, builders, contractors and sub-contractors, project owners and more. With multiple business models available to initiate and complete a project, the flow of cash from one participant to the next is often bottlenecked...

B2B Payments
Fashion Industry Supplier Payments Take A Major Hit
April 06, 2020

Nearly every industry is experiencing some type of disruption in B2B payment flows, from comic book publishing to fashion to food and beverage. Not all organizations are feeling that disruption in the same way, however. Get the Full Story Complete the form to unlock this...

B2B Payments
Sage, Trintech Build Data Integration For Faster Financial Close
April 05, 2020

Record to Report software provider Trintech has partnered with Sage in order to collaborate on new, speedier financial close processes, a press release states. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
BoA Receives $6B In SMB Loan Requests Within Hours
April 05, 2020

Banks were supposed to start taking applications for the Paycheck Protection Program (PPP) on Friday (April 3), but among the bigger U.S. lenders, only Bank of America (BoA) and JPMorgan Chase were able to launch — and were swamped by applicants, according to a report...