News

B2B Payments
Intuit Posts 8 Pct Q3 Revenue Hit
May 25, 2020

Intuit, the maker of financial software TurboTax, QuickBooks and Mint, is posting an 8 percent decline in revenue, pointing in a statement to the worldwide coronavirus pandemic as being the cause. The quarter ended April 30. Get the Full Story Complete the form to unlock...

Artificial Intelligence
AI Robot Enforces Social Distancing At S. Korean Coffee Shop
May 25, 2020

A smart factory in South Korea has developed an artificial intelligence (AI) solution to help people stay socially distanced and keep the coronavirus contained as the country reopens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
RevoluPAY Now Licensed To Provide Services In Every EU Country
May 25, 2020

Payment app RevoluPAY, a subsidiary of RevoluGROUP, can now offer B2B payments services in all 27 European Union (EU) member countries with its newly acquired Pan-European PSD2 license. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

eCommerce
How The Stage Was Set For The Pandemic’s Great Digital Shift
May 25, 2020

It may feel like the pandemic has always been here. 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 Today. By completing this...

B2B Payments
The Long-Term Consequences Of Knee-Jerk Supply Chain Reactions
May 25, 2020

In a black swan event such as the pandemic, ensuring business continues to flow not only means mitigating volatility of today. For many businesses along the global supply chain, it may also mean introducing changes that will affect how trade is done well into the...

Retail
Retailing 2020: Five Things To Watch
May 25, 2020

The pandemic was unprecedented when it showed up in February and March; the phases of its aftermath will also be without a reference point. While it’s clear that the digital shift will stick in the retail ecosystem, other elements of the landscape are harder to...

Partnerships / Acquisitions
eBay Classifieds Attracts Interest From Axel Springer
May 22, 2020

A new suitor has emerged for eBay Inc.’s classified advertising business, the Financial Times reported. 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...

Retail
Pandemic Drives Hertz To Declare Chapter 11 Bankruptcy
May 22, 2020

Hertz Global Holdings filed Chapter 11 bankruptcy late Friday (May 22) as the coronavirus pandemic continues to dry up travel and tourism and all but shut down the car-rental business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Big-Box Retail CEOs Say Stimulus Checks Boosted Sales
May 22, 2020

If you want to know whether stimulus checks are working to rebuild the economy, just ask the world’s largest retailer. Walmart U.S. CEO John Furner, who oversees more than 4,700 stores, says the answer is yes. Get the Full Story Complete the form to unlock this...