News

Retail
Target Updates COVID-19 Results; Will Reconfigure Stores
March 26, 2020

Talk about mixed emotions. Target released an updated financial report Wednesday (March 25) that shows dramatically increased revenue booked since the COVID-19 crisis shut down non-essential stores. It is a look at what the retail industry can expect as other essential retailers report results as...

Retail
High-End Face Masks Become Valued Commodity On eCommerce Platforms
March 26, 2020

Designer face masks have become a valued accessory for affluent consumers around the world during the coronavirus outbreak. They have been in existence for at least 10 years as a niche market serving Beijing consumers, Burning Man attendees and the chronically ill. And now they...

eCommerce
Checkout Solution Startup Fast Closes $20M Series A Led By Stripe
March 26, 2020

Login and checkout startup Fast closed a $20 million Series A funding round led by Stripe, Fast said in a statement on Thursday (March 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Walmart Speeds Up Application Process In Hiring Drive Amid Coronavirus
March 26, 2020

As it works to maintain a supply of products on its shelves and keep its checkouts manned over the COVID-19 pandemic, Walmart has brought on 25,000 new workers and provided thousands with offers in the inaugural week of a hiring drive. The company has reduced its hiring...

B2B Payments
Accounts Receivable Looks Inward To Combat Late B2B Payments
March 26, 2020

Growing awareness of the cash flow pain caused by late B2B payments has led to increased calls to incentivize, and in some cases even mandate that larger corporates accelerate their invoice payment processes when working with small suppliers. Get the Full Story Complete the form...

B2B Payments
Crowdfunding, Deferred Loan Payments Jumpstart SMB Relief
March 26, 2020

Each week, PYMNTS will round up some of the latest initiatives from governments, banks and FinTechs around the world to lend support for small businesses struggling as a result of the coronavirus. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Government Entities Face An eProcurement Wake-Up Call
March 26, 2020

The U.S. economy has never seen a clearer picture of the consequences of friction in government procurement practices than it is witnessing right now. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
How Banks Can Tap Trust As Their Foundation For Innovation
March 26, 2020

What is a bank? 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 form, you agree to receive marketing...

Banking
Helping Small FIs Make Banking Services As Seamless As Taking An Uber
March 26, 2020

In the age of digital commerce, legacy financial institutions (FIs) have ceded ground to tech-savvy upstarts. 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...