News

B2B Payments
How Higher Education Finds The Flexibility To Manage Cash Flow
May 06, 2020

There are three letters that best describe the state of higher education in the U.S. amid the pandemic: T-B-D. 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...

B2B Payments
Flywire CEO: How Higher Ed Must Find The Flexibility To Manage Cash Flow
May 06, 2020

There are three letters that best describe the state of higher education in the U.S. amid the pandemic: T-B-D. 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...

Payments Innovation
What It Takes To Get Consumers (And Merchants) To Go Cashless, Contactless – And PIN-less
May 06, 2020

The appeal of contactless payments has skyrocketed since the pandemic hit across the globe. Payment network giants such as Visa and Mastercard said in their most recent earnings reports that contactless payments, especially in face-to-face transactions, surged by double digits year over year. Get the Full...

Retail
Impossible Foods CFO On The Shift To Grocery And Clearing The Meat Lover’s Bar
May 06, 2020

The Impossible Burger has had an expansive year — making inroads at restaurants like Burger King with the Impossible Whopper and its debut on grocery shelves last fall. But this week, those expansion efforts took a great leap forward with the announcement that Impossible Burger is now going to...

Retail
Garment Factories Reeling As Importers Stop Orders Among Weak Sales
May 05, 2020

The coronavirus pandemic has caused a rift in the relationship between apparel manufacturers and retailers, resulting in lost profits and canceled payments as the economy slogs through the mud, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this...

B2B Payments
Agicap Closes Funding Round With $16M
May 05, 2020

Agicap, a French Software-as-a-Service (SaaS) startup that works with business cash flow data, announced the end of a funding round that netted it 15 million euros ($16.3 million), according to a report. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
GBTA: Move 2020 Hotel RFP Process To Next Year
May 05, 2020

The Global Business Travel Association (GBTA) is in favor of postponing the hotel request-for-proposal (RFP) process for corporate travel bids until 2021 due to the coronavirus, it said Tuesday (May 5) in a press release. Get the Full Story Complete the form to unlock this...

Retail
Airbnb Says 2020 Revenue Will Be Halved
May 05, 2020

Despite an infusion of $2 billion from investors last month, Airbnb said the pandemic has forced the layoff of 1,900 employees, or 25 percent of its workforce, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Lime Reportedly Gets a $170 Million Lifeline From Uber
May 05, 2020

Uber is considering upping its investment in a different kind of transportation. 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...