News

Retail
Lack Of Travelers Puts The Hurt On Hertz
May 05, 2020

As if you needed more evidence that the stay at home, all digital world was shattering the “old” economy, or that online platforms have provided (more than) viable alternatives in terms of how we get around for work, errands or leisure … Get the Full...

Retail
Florida Retail Reopening Fails To Draw Consumers
May 05, 2020

Retail reopening events continued to draw light foot traffic on Monday, as Florida joined Texas in allowing non-essential stores to reopen. Meanwhile the digital shift momentum continues to draw new infrastructure. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Returns Come Back To Haunt eCommerce Amid Pandemic
May 05, 2020

In the best of times, returns are the bane of eCommerce existence. In these worst of times, they’re even more complicated as return policies are all over the map due to the COVID-19 crisis and consumers who have amped up their eCommerce spending. With the...

Retail
Pop Up Grocer Checks All The Pandemic Retail Boxes
May 05, 2020

As retailers contend with the continuing COVID-19 crisis and the inevitable resettling of the business, one of the most popular pieces of advice has been to reformat existing stores. For example, some might consider trying experimental pop-up locations. For Pop Up Grocer, a self-described “traveling...

Retail
Digital Lending Marketplace Offers $3M In Financing To Amazon Sellers
May 05, 2020

Digital lending marketplace BitX Funding, which matches business owners and non-bank lenders, is aiming to help Amazon third-party (3P) sellers grow. The company has brought in more than $50 million in financing for small companies throughout the country since 2013 by “breaking down the barriers...

Retail
JCPenney Seeks Court Order To Keep Sephora In Stores
May 05, 2020

JCPenney has filed a temporary restraining order against beauty firm Sephora to stop it from departing Penney’s stores that are currently closed but in the process of reopening. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Digital Banking
Revolut Eyes Consolidation, Looks To Buy Distressed Rivals
May 05, 2020

London-based FinTech Revolut is planning to tap the $500 million it got from investors to acquire competing technology firms suffering from the impact of the global coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Credit Unions, CUSOs Fighting Fraudsters
May 05, 2020

“Credit unions across the country are on high alert for scammers looking to take advantage of members during the pandemic and are stepping up fraud prevention efforts as a result,” according to PYMNTS’ April Credit Union Tracker® done in collaboration with PSCU. Get the Full...

Regulation
Merchants Deal With Data Regs As COVID-19 Clears
May 05, 2020

Open banking was ready for its close-up when COVID-19 placed many such advanced initiatives on hold, in lieu of more practical and urgent considerations like applying for bailout money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...