News

B2B Payments
Traydstream Partners With Infosys Finacle To Add More AI To Trading
May 12, 2020

Traydstream, a FinTech that looks at trade documents with artificial intelligence (AI), has partnered with Infosys Finacle to implement blockchain technology and further automate trade finance, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Some Salons Open Under New Rules
May 12, 2020

It’s been seven weeks since Scottie Etheridge, 48, of Key West, Florida has had a haircut. 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
Ephesoft Aims To Streamline AP With Semantik Invoice Rollout
May 12, 2020

To automate accounts payable (AP) procedures, Ephesoft, Inc. rolled out its Semantik Invoice cloud-based data acquisition product. The company said in an announcement that the out-of-the-box artificial intelligence (AI) technology has been shown to decrease costs and sizably reduce the time it takes for invoice...

Partnerships / Acquisitions
Uber, Grubhub Combo Would Create Restaurant Delivery Giant
May 12, 2020

The competition in the food delivery space had already started heating up before the global health pandemic turned the vast majority of restaurants into digitally enabled dining options overnight. Practically as soon as 2019 had ticked over into 2020, rumors began circulating that Grubhub was...

News
Today In Payments: $120B In PPP Loans Still Available; Amazon Reportedly Eyeing Beleaguered AMC Theatres
May 12, 2020

In today’s news, the small business Paycheck Protection Program still has $120 billion available, and Amazon is reportedly looking to buy AMC Theatres. Plus, the pandemic has put millennial homebuying on hold. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Mom And Pop Pharmacies Dwindle Amid Competition
May 12, 2020

Long before the coronavirus pandemic struck, the health of independent pharmacies was suffering. 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....

B2B Payments
Mastercard Rolls Out Track Business Payment Service In US
May 12, 2020

To enable greater efficiency and quicker access to working capital for buyers and suppliers, Mastercard has unveiled the rollout of the TrackTM Business Payment Service in the U.S. The offering provides increased control over payments and enhanced data exchanges, enabling automated reconciliation for suppliers as well as...

Ridesharing
Uber Rival Bolt Sidesteps Layoffs Despite Losses
May 12, 2020

The Estonia-based rideshare unicorn Bolt — Uber’s main competitor in Europe — said it isn’t laying off any workers despite a 75 percent drop in sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Stay-At-Home Orders Great News For Home Goods Sellers Like Wayfair
May 12, 2020

Roman philosopher Gaius Plinius Secundus, better known as Pliny the Elder, famously said “Home is where the heart is” somewhere around the year 45 AD — thus coining an aphorism that has had stunning staying power for the last 2,000 or so years. While the...