News

B2B Payments
Qwil Eyes Vendor Payment Control With SAP Fieldglass Integration
April 22, 2020

To provide vendors with control over how and when they receive their payments, the Qwil Supplier Payment Optionality Solution has become available on the SAP App Center. The technology is integrated with the SAP Fieldglass solution per an announcement. Get the Full Story Complete the form to...

Delivery
Amazon Teams With Food Banks To Deliver Meals To People In Need
April 22, 2020

Amazon is delivering six million meals to underserved populations that have been impacted by the COVID-19 pandemic, the company announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Payment Methods
Digital Payments Startup GPay Awarded Vietnam License
April 22, 2020

The State Bank of Vietnam granted FinTech startup GPay a 10-year license to provide intermediary payment services in the country — electronic payment portals, payment services, digital money transfer services and eWallet services. Get the Full Story Complete the form to unlock this article and...

Partnerships / Acquisitions
Expedia Reportedly Near Deal To Sell $1 Billion Stake To Silver Lake And Apollo
April 22, 2020

Well-known private-equity firms Silver Lake and Apollo are poised to buy a $1 billion minority stake in Seattle-based travel listing giant Expedia Group Inc., according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Auto Marketing Will Support The Digital Shift
April 22, 2020

In a time period dominated by retail sales declines, the hardest hit has been the automotive industry. While March retail sales dropped 8 percent overall, new cars dropped as much as 36.9 percent for some brands as dealerships were shut down due to concerns over...

Retail
The Edge Desk Capitalizes On Growing Work-From-Home Market
April 22, 2020

Some products were just made for these times. Take, for example, The Edge Desk. In January of this year, it was just an interesting, ergonomically designed piece of office furniture. Then came February, March and the COVID-19 crisis – and suddenly the whole definition of...

Retail
No New Bankruptcy Filings, But Darkness Intensifies For Department Stores
April 22, 2020

The retail bankruptcy watch turned to some Wednesday morning quarterbacking this week, as industry experts and observers took turns assessing the current and potential damage to the department store category amid the coronavirus crisis. Get the Full Story Complete the form to unlock this article...

Retail
Build-A-Bear Workshop Rolls Out Online Program ‘Workshop Wednesdays’
April 22, 2020

To provide children and families with entertainment amid the coronavirus pandemic, Build-A-Bear Workshop, Inc. has rolled out its Workshop Wednesdays online program. The online resource offers different activities and ways to stay entertained during the week, according to an announcement. Get the Full Story Complete the...

Retail
Macy’s Could Raise Up To $5B In Debt Amid COVID-19
April 22, 2020

To contend with the COVID-19 pandemic, Macy’s is considering raising up to $5 billion worth of debt. The retailer will look to bring in $3 billion with inventory as collateral, as well as $1 billion to $2 billion with real estate, CNBC reported, citing unnamed...