News

Payment Methods
Mastercard’s Ethoca On Helping Merchants Grapple With The Upcoming Chargeback Deluge
April 09, 2020

A deluge of chargebacks is headed toward the payments industry, spurred by the coronavirus, as all areas of the global economy have been upended. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Why Corporates Are Rethinking The Commercial Card For Payment
April 09, 2020

From coordinating a team of newly remote workers to assessing new business models, the coronavirus pandemic is drastically disrupting the way organizations run and it is forcing a complete rethink of almost every aspect of operations — payments included. Get the Full Story Complete the...

Merchant Innovation
ISVs Help Merchants Make The Digital Pandemic Pivot — With Data
April 09, 2020

To paraphrase Winston Churchill, when you find yourself going through tough times, keep going. 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...

Security & Fraud
Travis Kalanick Disavows ‘Internet Food Court’ Using His Name
April 08, 2020

An “internet food court” website seemingly associated with Uber Co-Founder Travis Kalanick‘s ghost kitchens business appears to have vanished, with representatives saying someone else had gone forward with the idea without authorization, according to the Financial Times. Get the Full Story Complete the form to...

Investments
Hong Kong’s SMB FinTech Neat Nets $11M
April 08, 2020

Hong Kong-based finance startup Neat has closed a Series A funding round and come away with $11 million, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
In China, Pent-Up Demand For Cosmetics A Blip Or Trend?
April 08, 2020

Emerging from lockdown, Chinese consumers may be opening up (digital) wallets and purses … though gradually. 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...

Retail
Nordstrom: Finances Could ‘Become Distressed’ If Stores Stay Shuttered
April 08, 2020

Nordstrom said the crisis arising from the novel coronavirus’ spread has had a “substantial impact” on its business. It detailed that impact in a regulatory filing with the U.S. Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article...

Partnerships / Acquisitions
Vroom Partners With Santander On Auto Loan Financing
April 08, 2020

Vroom, the eCommerce platform for buying and selling used vehicles, has reached a multi-year deal with Santander Consumer USA to simplify auto financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Dick’s Sporting Goods Puts Staffers On Leave Amid COVID-19
April 08, 2020

Amid the coronavirus pandemic, Dick’s Sporting Goods is putting many of its approximately 40,000 staffers on leave, but affected team members will keep receiving benefits. The sporting goods retailer said in a regulatory document that it is “increasingly evident” that its over 800 retail locations won’t open...