News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

American Airlines Moves To Reduce Cash Burn, Increase Efficiency Amid Pandemic

American Airlines Moves To Reduce Cash Burn, Increase Efficiency Amid Pandemic
American Airlines Moves To Reduce Cash Burn, Increase Efficiency Amid Pandemic
October 22, 2020  |  Earnings

American Airlines reported on Thursday (Oct. 22) that it had decreased its cash burn rate to roughly $44 million daily in Q3 from roughly $58...

READ MORE >
CarLotz To Go Public Via A SPAC
CarLotz To Go Public Via A SPAC
October 22, 2020  |  Retail

CarLotz and Acamar Partners Acquisition Corp. — a special purpose acquisition company (or “SPAC”) — have struck “a definitive business combination agreement” that would turn...

READ MORE >
Initial Jobless Claims Fall to 787,000
Initial Jobless Claims Fall to 787,000
October 22, 2020  |  Economy

U.S. initial claims for unemployment insurance fell in the week ended Oct. 17 to, declining 55,000 from the week prior to hit a seasonally adjusted...

READ MORE >
RetailMeNot Adds New Brands, Features To Its Annual ‘Cash Back Day’
RetailMeNot Adds New Brands, Features To Its Annual ‘Cash Back Day’
October 22, 2020  |  Retail

Deals website RetailMeNot is charging into fall with a revamped version of its “Cash Back Day,” featuring “flash offers” and brands that are new to...

READ MORE >
VTEX Expects More Companies To ‘Go The Nike Route’ And Build Up D2C
VTEX Expects More Companies To ‘Go The Nike Route’ And Build Up D2C
October 22, 2020  |  Retail

To say that the eCommerce world is vastly different than it was a year ago when Nike announced plans to pull its sneakers off of...

READ MORE >
CSI: The Most Significant Change Made Amid The Pandemic
CSI: The Most Significant Change Made Amid The Pandemic
October 22, 2020  |  Accounts Payable

David Disque, CEO of CSI (Corporate Spending Innovations), dives into how his firm quickly pivoted to an all-digital approach with the onset of the pandemic....

READ MORE >
Banks Pair Up To Improve Age-Old Business Friction
Banks Pair Up To Improve Age-Old Business Friction
October 22, 2020  |  B2B Payments

Business banking hasn’t always been flashy or innovative. But with the help from some industry friends, financial institutions today are looking to improve the experience...

READ MORE >
How Autonomous Vehicles Tackle The Wasted Costs Of Shipping
How Autonomous Vehicles Tackle The Wasted Costs Of Shipping
October 22, 2020  |  B2B Payments

With more companies in the supply chain introducing initiatives to lower carbon emissions and lessen the negative environmental impact of global trade, autonomous vehicles have...

READ MORE >
Sephora: The Key To Omnichannel Commerce Is Options, Options, Options
Sephora: The Key To Omnichannel Commerce Is Options, Options, Options
October 22, 2020  |  Consumer Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >