News

Retail
Macy’s CFO To Leave, External Search Underway For Replacement
April 07, 2020

With a transition on its management team underway, Macy’s announced that Executive Vice President and Chief Financial Officer Paula Price will be departing the company as of May 31. The department store retailer said in announcement that Price will remain in her current position up...

B2B Payments
Industrial Operations Find New Revenue Streams In Data Sharing
April 07, 2020

Some of the most dramatic instances of technological innovation have occurred in recent years beyond the view of the end consumer. On factory floors and within warehouse walls, Internet of Things-connected devices and artificial intelligence (AI)-powered machines continue to press the U.S. into the age...

B2B Payments
Open Banking Eyed To Boost B2B Finserv Value
April 07, 2020

Bank-FinTech collaboration is quickly becoming an essential component of facilitating small business loans as large lenders scramble to manage a surge of volume in paycheck protection program loan applications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
Luckin’s Jolt and Echoes of WeWork’s Governance Debacle
April 07, 2020

For China’s Luckin Coffee, call it a jolt of the most unpleasant sort. 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....

B2B Payments
Bottomline CEO: How FinTech Gets Creative To Extend Coronavirus Relief
April 07, 2020

It’s all hands on deck as companies across industries take measures to aid the national and global response to the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Leveraging Open Banking To Build The New Trust Ecosystem
April 07, 2020

Everyone wants to build a smoother, faster and more efficient financial services journey — that isn’t a point of disagreement or friction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Airbnb Gets $1B To Bolster Its Host Network
April 06, 2020

Airbnb will be getting a leg up financially in the form of help from investors Silver Lake and Sixth Street Partners, who will funnel $1 billion into the vacation rental powerhouse, according to a press release. Get the Full Story Complete the form to unlock...

B2B Payments
UK Urges Higher Government P-Card Limits To Support Suppliers
April 06, 2020

The U.K. government, angling to jump-start the economy, is urging public entities to negotiate with procurement card providers to raise the limits on what can be spent, according to the National Health Executive. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Payroll FinTech Paylocity Acquires Video Communication Platform
April 06, 2020

Paylocity, which provides HR and payroll services, has acquired VidGrid, which works with peer-to-peer video services, 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 additional logins...