News

Faster Payments
The Tipping Point For Instant Digital Payouts To Restaurant Workers
March 24, 2020

The last few weeks have been hard times for the restaurant industry in the U.S. — big chains and mom-and-pop joints alike are closing their dining rooms, furloughing their staff in some cases and working overtime to find out-of-the-box ways to weather the incoming storm....

eCommerce
China’s ‘Once-In-A-Lifetime Disruption’ For eCommerce
March 24, 2020

Markets are tumbling. Fears of a global recession are mounting. 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. By completing this...

B2B Payments
Proactis Adds Invoice Payments To Expense Management Tool
March 23, 2020

Proactis, a U.K.-based eCommerce firm, is hoping its new bePayd service will help invoices get paid faster, particularly in the trying times of the coronavirus pandemic, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
UK’s Used Car Startup Cazoo Raises Another $116 Million
March 23, 2020

Used car sales startup Cazoo has raised another 100 million pounds ($116 million), which it wants to use to continue buttressing its business, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
WeWork To SoftBank: Hold Up Your End Of Our Deal
March 23, 2020

An agreement between SoftBank and WeWork to bail out the latter from dire fiscal strife may be about to fall apart as SoftBank reportedly is looking for an out to parts of the deal, according to a report by CNBC. Get the Full Story Complete...

Security & Fraud
Hackers Target World Health Organization
March 23, 2020

A hacking organization tried to breach the World Health Organization (WHO) recently, according to a report by Reuters. 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...

Retail
Hasbro Stock Spikes Amid Strong Demand
March 23, 2020

Shares in toy company Hasbro rose more than 12 percent on Monday (March 23), as the company shared that it was experiencing strong demand amid the coronavirus pandemic, according to a report by CNBC. Get the Full Story Complete the form to unlock this article...

Delivery
H&M To Leverage Supply Chain For Medical Deliveries
March 23, 2020

Fashion brand H&M has announced it will use its extensive supply chain network to help hospitals in need of supplies like masks and gowns in the European Union, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
DOJ Shuts Down Fraudulent COVID-19 Vaccine Website
March 23, 2020

The Department of Justice (DoJ) announced that it has shut down a website fraudulently claiming to have vaccine kits for the coronavirus, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...