News

B2B Payments
C2FO Calls For Federal Supplier Payment Program
April 13, 2020

With an open letter to the Federal Reserve Bank and the U.S. government, C2FO is requesting immediate action to offer relief to small and medium-sized businesses in the United States. In the letter, C2FO Founder and CEO Sandy Kemper advocated for a Small Business Supplier...

Delivery
Amazon To Resume Delivery Of Nonessential Products
April 13, 2020

One month after Amazon prioritized essential items by limiting shipments unrelated to wellness, cleaning and non-perishable home essentials, the Washington-based eCommerce giant said it will now allow third-party sellers to resume delivery of other products. Get the Full Story Complete the form to unlock this...

News
Today In Payments: Amazon Puts New Online Grocery Customers On Hold; JPMC Requires 700 Credit Score...
April 13, 2020

In today’s top news, Amazon will put new customers for its grocery delivery service on a waitlist and JPMorgan Chase is raising its standards for loan qualification to stave off economic downturn. Plus, Karen Webster details Main Street small business continued worries. Get the Full...

Investments
SoftBank’s Struggling Vision Fund On Track To Lose $16.5B
April 13, 2020

SoftBank Group Corp. is forecasting that its $100 billion Vision Fund will lose $16.5 billion in the financial year ending March 31, which means the group as a whole will lose money for the first time in 15 years, according to a company statement on...

Retail
Big Week Ahead For Retail Data
April 13, 2020

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending...

Retail
Toy Fair Takes Business Into Its Own Hands
April 13, 2020

In what appears to be an unprecedented move, an industry trade association is stepping in to help restart a retail community hit hard by the COVID-19 pandemic. Last week, The Toy Association, which produces the mega-sized New York Toy Fair, announced plans for “Toy Fair...

Retail
AI Holds Answers For Retail’s Post-COVID Future
April 13, 2020

At some point after the COVID-19 crisis passes, retailers will need to reckon with artificial intelligence (AI). It may seem like an advanced data application is a galaxy away from current concerns about survival. But if data is the new oil for retail competition, AI...

Retail
Restaurants Expand Into Grocery To Mitigate Coronavirus Impact
April 13, 2020

Amid social distancing and stay-at-home orders meant to decelerate the spread of the coronavirus, many restaurants have been forced to shutter, while it has put others in a position where they are just getting by. To help mitigate losses, some U.S. restaurants are tapping into grocery...

Retail
Hair Clippers In Demand As Shoppers Need Haircuts Amid COVID-19
April 13, 2020

The shopping habits of U.S. consumers are providing a reflection on how the COVID-19 pandemic keeps changing and impacting everyday life. Hair coloring products and hair clippers are now in high demand after toilet paper, disinfectants, and hand sanitizer were popular in the first phase...