News

Loyalty & Rewards
Supermarkets Ramp Up Loyalty Programs
March 13, 2020

It’s a good time for supermarkets to focus on customer retention. Their supply chain is currently threatened, so having the right product at the right time is at risk. And the competitive set that sent several grocery chains into bankruptcy this quarter won’t get any...

Retail
Bringing Color and Style To The eCommerce Party Scene
March 13, 2020

It was media visionary Marshall McLuhan who said the medium was the message. At Oh Happy Day, the medium is the color. Check the company’s website and the drab eCommerce world of blues, grays and thumbnails explodes into bright greens, reds and orange as the...

Retail
OYO Offers Cash Incentives To Japan Hotels
March 13, 2020

As reservations plummet in a country strongly impacted by the coronavirus, OYO Hotels is reportedly planning to provide funds to hotels in Japan. The startup said it will give new members an amount that is equivalent to a share of their revenue in the past year with...

Retail
Apple Resumes Operation Of All China Retail Locations
March 13, 2020

After it was forced to shutter its retail locations in China because of the spread of COVID-19, Apple Inc. has reportedly put all of them back into operation. The closures were one of the main reasons the tech company cited for removing its March quarter sales outlook, Bloomberg reported....

B2B Payments
Approaching Trade Finance From The Payables Side
March 13, 2020

Trade finance is a critical tool in supporting global trade for both buyers and sellers, particularly smaller businesses. 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...

B2B Payments
Small Businesses In Focus For B2B FinTechs (And Their Investors)
March 13, 2020

With more than $93.7 million in new funding, B2B FinTechs this week are finding support from investors embracing startups’ focus on small- to medium-sized business (SMB) finances, from banking to payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
India Unwraps Its Commercial Card Opportunity
March 13, 2020

Despite its demonetization policy, a thriving eCommerce climate, and continued growth in electronic and mobile payments, card penetration remains especially low in India, hovering at about 2 percent to 3 percent. Compare that to the U.S., where penetration is upwards of 80 percent. Get the...

Banking
Coronavirus Is ‘Cross Between 9/11, 2008 Financial Crisis,’ Officials Say
March 13, 2020

Banking officials are in a panic over the coronavirus as it upturns their revenues, with PJT Partners restructuring specialist Tim Coleman describing the viral pandemic as “like a cross between September 11 and the global financial crisis of 2008.” Get the Full Story Complete the...

Artificial Intelligence
How JD.com Uses AI To Connect Consumers With Commerce
March 13, 2020

There is nothing worse than trying to get customer service from a less than fully functional chatbot or automated voice system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...