Editor’s Picks

Travelex Ditches Sale After Banks Reject Offers

Travelex Ditches Sale After Banks Reject Offers
Travelex Ditches Sale After Banks Reject Offers
June 16, 2020  |  Partnerships

Foreign exchange giant Travelex is pulling its offer of sale to prospective buyers after none of the buyers could offer an acceptable deal to the...

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Sam’s Club COO: What We Learned During The Pandemic’s Lockdowns
Sam’s Club COO: What We Learned During The Pandemic’s Lockdowns
June 16, 2020  |  Retail

The past few months have been an incredibly challenging time for retailers that remained open — and an excellent example of innovation on overdrive. Get...

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UK Airport Gatwick Says It Will Take 4 Years For Travelers To Return
UK Airport Gatwick Says It Will Take 4 Years For Travelers To Return
June 15, 2020  |  Cross-border Payments

Passenger demand at Gatwick, London’s second-largest airport, could remain depressed for the next three or four years as the travel sector continues to deal with...

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Restaurant Group Says Pandemic Could Cost Industry $240B
Restaurant Group Says Pandemic Could Cost Industry $240B
June 15, 2020  |  Retail

The restaurant industry, hit hard by the effects of the coronavirus, has lost $120 billion in the first three months of the pandemic, reported the...

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Square Capital Processed 76K PPP Loans Totaling $820M
Square Capital Processed 76K PPP Loans Totaling $820M
June 15, 2020  |  Loans

Square Capital LLC processed more than $820 million in Small Business Administration (SBA) Paycheck Protection Program (PPP) forgivable loans in six weeks, the firm reported....

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Democrats Ask Bank CEOs For PPP Records
Democrats Ask Bank CEOs For PPP Records
June 15, 2020  |  Loans

U.S. Democratic lawmakers, in letters to the chief executives of several large banks, demanded the release of documents related to loans made under the government’s...

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Goldman Pledges Another $250M For SMB Loans, Aims To Help Minority-Owned Businesses
Goldman Pledges Another $250M For SMB Loans, Aims To Help Minority-Owned Businesses
June 15, 2020  |  Loans

Goldman Sachs has upped the ante by another $250 million in the amount of capital it is providing for a federal loan program aimed at...

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Walmart Tests Store Without Cashiers As COVID-19 Accelerates Change
Walmart Tests Store Without Cashiers As COVID-19 Accelerates Change
June 15, 2020  |  Retail

Whether cashiers go the way of the horse and buggy could hinge on an experiment Walmart is running in Arkansas. Get the Full Story Complete...

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