News

B2B Payments
GrainChain Accelerates Farmer Payments With Blockchain
March 29, 2020

GrainChain, the farming blockchain system for agriculture and farming business, has moved to the Symbiont network, Assembly, a change which the company anticipates will help expand its business, according to a press release. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Open Banking Platform Tink Acquires Eurobits
March 29, 2020

European open banking platform Tink will now have more room to expand with the acquisition of Eurobits, which works in account aggregation technology, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Ridesharing
Lyft Directs Drivers To Take Jobs At Amazon
March 28, 2020

While the coronavirus forces consumers to stay inside, Amazon is joining forces with Lyft to attract drivers for grocery and package deliveries. Lyft has directed its drivers to pursue Amazon positions as warehouse workers, delivery people or grocery shoppers “as a way to earn additional...

News
COVID-19, Data Security, Shelved Madewell IPO Top This Week’s News
March 27, 2020

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives into the outlook of consumers during the COVID-19 pandemic, data privacy and a shelved...

Investments
China Regulator Gives Nod To Goldman JV’s
March 27, 2020

The China Securities Regulatory Commission has given final regulatory approval to Goldman Sachs and Morgan Stanley to assume majority stakes in joint securities ventures in the country, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and...

News
Today In Payments: Western Union Debuts Tool For Home Money Transfers; Target Pauses Curbside Pickup...
March 27, 2020

In today’s top news, Western Union is launching a new tool for people to send money from home over a voice or video call, and Target is pausing plans to start a curbside grocery pickup service. Also, federal agencies are encouraging lenders to offer small...

News
The Week In Payments: Fighting COVID-19 With Relief, Infrastructure And Better Disbursements 
March 27, 2020

The news over the past week, as COVID-19 pandemic unfolds as both a public health and economic crisis in the U.S., has brought new meaning to the phrase “blink and you might miss something” as the dominos have continued to fall for the last seven...

Retail
The Essential Classification Divide Grows Among Retailers
March 27, 2020

The divide between essential and non-essential retail grows bigger by the day as deep discounters and dollar stores continue to add stores, employees and revenue during the COVID-19 crisis. In fact, Wall Street’s leading retail analysts believe deep discount shopping could be one of the...

Retail
Shift Happens: Online Car Company Manages Crisis With Class
March 27, 2020

No chief executive worth his or her salt wants to have the meeting that Shift CEO Toby Russell had last week. The online car selling platform’s March town hall meeting was supposed to be a victory lap to celebrate February, which was the most successful...