News

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

Source: pymnts.com

Two Republican Senators Hold Up PPP Amendment Bill
Two Republican Senators Hold Up PPP Amendment Bill
June 03, 2020  |  Loans

Two Republican Senators are holding up a bill that would extend the end date of the Paycheck Protection Program (PPP) from August until December, Roll...

READ MORE >
Two Banking Groups Call For Automatic PPP Loan Forgiveness
Two Banking Groups Call For Automatic PPP Loan Forgiveness
June 03, 2020  |  Loans

The Consumer Bankers Association and Bank Policy Institute, in a co-signed letter, have called on Congress to automatically forgive Paycheck Protection Program (PPP) loans under $150,000....

READ MORE >
UK Reinstates IBM, BT To Prompt Payment Code
UK Reinstates IBM, BT To Prompt Payment Code
June 03, 2020  |  B2B Payments

After bolstering their supply chain payment practices, five companies that were suspended from the Prompt Payment Code (PPC) in the past have been reinstated. Screwfix,...

READ MORE >
Manhattan Apartment Sales Fell 84 Pct In May
Manhattan Apartment Sales Fell 84 Pct In May
June 03, 2020  |  Real Estate

Condominium sales in Manhattan plummeted by 84 percent in May as the COVID-19 pandemic and protests following the death of George Floyd at the hands...

READ MORE >
Cloud Computing Takes On The Legacy Issue
Cloud Computing Takes On The Legacy Issue
June 03, 2020  |  Cloud Banking

Isn’t it surprising to know that 70 percent of financial institutions are just now adopting cloud computing solutions? Or how about this fact: over 90...

READ MORE >
Vector Teams With McLeod Software To Speed Up Transportation Billing
Vector Teams With McLeod Software To Speed Up Transportation Billing
June 03, 2020  |  B2B Payments

To speed up fleet and billing functions for truck drivers as well as back-office staffers, mobile capture and workflow technology company Vector has teamed with...

READ MORE >
Spain Could Slowly Open Borders To Tourists By End Of June
Spain Could Slowly Open Borders To Tourists By End Of June
June 03, 2020  |  International

After previously setting July 1 as the date to reopen for international tourism, which comprises 12 percent of its output, Spain is at work on...

READ MORE >
Chinese Giants Baidu And Midea Launch Joint Smart Appliance Push
Chinese Giants Baidu And Midea Launch Joint Smart Appliance Push
June 03, 2020  |  International

Homeowners in China and beyond will soon be able to use smart speakers to turn on the lights and control the microwave under a new...

READ MORE >
Campbell Soup Sales Keep Steaming Along During Pandemic
Campbell Soup Sales Keep Steaming Along During Pandemic
June 03, 2020  |  Retail

For many more Americans than usual, COVID-19 woes mean that “soup’s on!” Now, the Campbell Soup Company’s top executive predicts that his company’s products will...

READ MORE >