News

Partnerships / Acquisitions
Verizon To Purchase Video Conferencing Firm BlueJeans
April 16, 2020

Verizon has announced it is set to acquire BlueJeans, a video-conferencing company catering to business customers. The move comes as the COVID-19 crisis has changed the way millions of people work. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Survival Mode: Fashion Retailers Slash Prices
April 16, 2020

The world of high fashion is starting to look like a fire sale. As retailers look for a way out of an unprecedented cash flow crunch, many are slashing prices online and offering free shipping. The move is good for consumers, but for the retailers...

Retail
Non-Essential Retail Warms Up For The Post-Crisis Economy
April 16, 2020

Wednesday’s Commerce Department retail sales figures showed in no uncertain terms that consumer spending for non-essential goods has taken a huge hit. While the overall drop was in the neighborhood of 8 percent, the plunge in non-essential goods like apparel (down 50.5 percent) and furniture...

Retail
Skincare Startup Fights The Good Fight For Its Future
April 16, 2020

Hundreds of retailers – both direct-to-consumer (DTC) and traditional – have lent their expertise and capital to helping the world recover from the devastation of the COVID-19 virus. At organic skincare company Nuria, that sense of community is built into its DNA. Yes, it’s contributing...

Retail
7-Eleven Offers Prepaid Cards For Faster Access To Stimulus Funds
April 16, 2020

To help unbanked consumers and their families receive economic stimulus funds faster, 7-Eleven Inc. is providing a Trans@ct by 7-Eleven® Prepaid Mastercard®. The U.S. Treasury Department has started sending out the payments, but some individuals might have to wait weeks or months to get them through the...

Retail
Amazon CEO Bezos Seeks COVID-19 Testing For Staff
April 16, 2020

With the first move toward a system of checks on workers around the world, Amazon CEO Jeff Bezos said the eCommerce retailer is creating COVID-19 testing capabilities. The news surfaced in an annual letter to shareholders that was cited in a Bloomberg report. Get the...

B2B Payments
Data Sharing, XaaS Target SMB Financing Efficiencies
April 16, 2020

Accelerated data sharing has become a focal point for small business lenders and FinTechs looking to speed up the time it takes for SMBs to apply for and receive much-needed funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
What Furloughs And Shifting Business Models Mean For SMB Workers’ Comp
April 16, 2020

With the coronavirus forcing small- to medium-sized business (SMB) owners to digitize, adjust business models, close their doors or furlough staff, entrepreneurs are quickly recognizing that the old ways of operating no longer cut it in today’s volatile, remote world. Get the Full Story Complete...

B2B Payments
Deep Dive: Reinventing Supply, Demand And Purchasing In The COVID-19 Era
April 16, 2020

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 completing this form, you agree to receive marketing communications from PYMNTS and...