News

Faster Payments
EU Merchants Offer WeChat Pay To China’s Shoppers
March 19, 2020

Wirecard will add more options for Chinese customers looking for eCommerce as they integrate the WeChat Pay option to help people pay faster, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
ANNA Money Collabs On Instant QR Code SMB Payments
March 19, 2020

Users of FinTech ANNA Money will now have the option of instantaneous QR code payments through a new partnership with TrueLayer, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
UK Treasurers Call For Accelerated Corporate Lending
March 19, 2020

The acceleration of economic effects of the coronavirus has Britain’s Association of Corporate Treasurers (ACT) asking the banks to speed up the flow of credits to companies, according to a Reuters report. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
AvidXchange Research Finds AP Pains For Remote Workers
March 19, 2020

Many U.S. businesses don’t have the capability to let workers work from home, according to findings from a study by AvidXchange shared in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
SoftBank Looks To Raise $10B To Bolster Vision Fund
March 19, 2020

SoftBank‘s first Vision Fund is now looking to grow larger, seeking another $10 billion to help portfolio companies affected by the coronavirus pandemic and its various complications, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and...

Ridesharing
Uber Considers Med Delivery As Ridership Plummets
March 19, 2020

Uber has been hit especially hard by the coronavirus pandemic, with rides down as much as 70 percent in places like Seattle. The company has reportedly been looking into other avenues to make money, including the potential delivery of medical supplies, according to a report....

News
Today In Payments: COVID-19 Triggers Job Losses; JPMC First Big Bank To Shutter Branches As...
March 19, 2020

In today’s top news, due to the coronavirus, over 3,600 workers have lost their jobs and JPMC has temporarily closed 1,000 branches. Also, Square won a banking license for an industrial bank in Utah. Get the Full Story Complete the form to unlock this article...

Retail
How One Startup Aims To Become The Blue Apron Of Baby Food
March 19, 2020

Square Baby has an innovative business model, but according to CEO Katie Thomson, it’s all about the ingredients. When the company announced its new line of allergen-introduction products last week, the standard pithy executive quotes were absent. What replaced them was a detailed list of...

Retail
Texas Lets Eateries Deliver Alcohol With Food Orders
March 19, 2020

To help address financial challenges brought about by the coronavirus, Texas Governor Greg Abbott put into place a waiver that lets restaurants deliver alcohol with food orders, ABC 13 reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...