Fiserv Inc., a global payments provider, now accepts Electronic Benefits Transfer (EBT) payments at grocers, allowing Supplemental Nutrition Assistance Program (SNAP) participants to purchase groceries online for the first time, the Wisconsin-based company announced on Tuesday (May 5). Get the Full Story Complete the form...
Gold’s Gym International Inc. filed for Chapter 11 bankruptcy protection on Tuesday (May 5), citing financial disruptions created by the COVID-19 pandemic, per a company statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
To allow for faster crowdfunding offerings, the U.S. Securities and Exchange Commission (SEC) unveiled temporary, conditional relief for “established smaller companies” impacted by COVID-19. The actions will speed up the offering process for firms that are eligible by offering relief from specific procedures when it...
Online retail giant Wayfair saw its sales surge in the first quarter of 2020, even while its net loss grew. The increase in sales figures and online shoppers is in line with the overall eCommerce industry’s growth. Get the Full Story Complete the form to...
As it weathers a lull in travel because of COVID-19, Marriott International Inc. has taken in $920 million in cash via arrangements with co-branded credit card firms. The hotel firm will receive $570 million from JPMorgan Chase & Co. with the early payment of a...
While it’s become increasingly obvious that many of the restaurants that have closed during the COVID-19 pandemic might never come back, it may be surprising how many of what are seen as the world’s best restaurants may end up making that gone-forever list. Fat Rice, a Chicago...
Starbucks locations across the country will soon reopen, with most stores offering pickup and drive-thru service but keeping seating areas closed for now. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
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 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...
