News

B2B Payments
Comdata Collaborates On AR Financing For Fleets
March 26, 2020

FLEETCOR company Comdata is introducing Comdata QuickPay, which will allow for faster payments for fleet owners. The financing solution is powered by Crestmark, a division of Metabank, according to a Thursday (March 26) press release. Get the Full Story Complete the form to unlock this article...

B2B Payments
UK Banks Criticized For SMB Coronavirus Loan Requirements
March 26, 2020

U.K. government officeholders and companies have chastised financial institutions for requiring personal guarantees for emergency loans that are backed by the state. The mandate puts much of the risk that the loan sours on the owner of the company instead of the institutions, the BBC reported....

B2B Payments
Tradeshift Launches Supplier Engagement Portal
March 26, 2020

To help create supplier and buyer digital collaboration, supply chain payments and marketplace company Tradeshift rolled out Tradeshift Engage. Many companies are now seeking to speed up digitization projects as social distancing measures due to the coronavirus pandemic make paper invoice processing not workable, according...

News
Today In Payments: Olympics Delay To Spark Marathon To Recoup Sunk Costs; FinTech Veteran Dan...
March 26, 2020

In today’s top payments news, postponement of the Olympics due to the coronavirus pandemic has resulted in the loss of billions of dollars, and branchless bank Green Dot tapped Dan Henry to step in as CEO. Get the Full Story Complete the form to unlock...

International
Western Union Debuts Video, Voice Tool For Home Money Transfers
March 26, 2020

Cross-currency money transfer firm Western Union has announced the launch of Digital Location, a new tool that enables people to send money from home. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Retail Branding Comes Off The Back Burner
March 26, 2020

For retailers, especially those deemed non-essential and struggling with revenue, branding may be on the back burner right now. Big mistake, say several branding experts. Who you were before the crisis should inform who you are during the crisis. And who you were was your...

Retail
Target Updates COVID-19 Results; Will Reconfigure Stores
March 26, 2020

Talk about mixed emotions. Target released an updated financial report Wednesday (March 25) that shows dramatically increased revenue booked since the COVID-19 crisis shut down non-essential stores. It is a look at what the retail industry can expect as other essential retailers report results as...

Retail
High-End Face Masks Become Valued Commodity On eCommerce Platforms
March 26, 2020

Designer face masks have become a valued accessory for affluent consumers around the world during the coronavirus outbreak. They have been in existence for at least 10 years as a niche market serving Beijing consumers, Burning Man attendees and the chronically ill. And now they...

eCommerce
Checkout Solution Startup Fast Closes $20M Series A Led By Stripe
March 26, 2020

Login and checkout startup Fast closed a $20 million Series A funding round led by Stripe, Fast said in a statement on Thursday (March 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...