News

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

Source: pymnts.com

WeWork Plans Additional Workforce Reductions
WeWork Plans Additional Workforce Reductions
April 14, 2020  |  Personnel

WeWork plans to make additional reductions to its workforce, even with the recent removal of jobs, Bloomberg reported. Get the Full Story Complete the form...

READ MORE >
Today In Payments: SMB Aid Running Out As Stalemate Continues; Food Delivery Apps Face Lawsuit
Today In Payments: SMB Aid Running Out As Stalemate Continues; Food Delivery Apps Face Lawsuit
April 14, 2020  |  News

In today’s top news, leaders on Capitol Hill have not agreed on a new coronavirus relief package, and food delivery apps are facing a lawsuit...

READ MORE >
VC Funding Rebounds In China As COVID-19 Lockdown Ends
VC Funding Rebounds In China As COVID-19 Lockdown Ends
April 14, 2020  |  Startups

Venture capital funding is starting to bounce back in China after the coronavirus triggered a slowdown in what was already a stagnant climate for startups,...

READ MORE >
House Chairs Seek Briefing On FDIC Crisis Readiness During Pandemic
House Chairs Seek Briefing On FDIC Crisis Readiness During Pandemic
April 14, 2020  |  Coronavirus

Three top House Democrats have asked the Federal Deposit Insurance Corp. (FDIC) to explain how the agency is preparing for a financial crisis. Get the...

READ MORE >
Walmart Reserves Grocery Pickup Hours For At-Risk Shoppers
Walmart Reserves Grocery Pickup Hours For At-Risk Shoppers
April 14, 2020  |  Retail

One month after Walmart Inc. set early morning hours once a week for seniors as COVID-19 took a toll on shopping habits, the world’s largest...

READ MORE >
G-20 Urges Unified Stablecoin Framework Ahead Of Facebook’s Libra
G-20 Urges Unified Stablecoin Framework Ahead Of Facebook’s Libra
April 14, 2020  |  Cryptocurrency

The Financial Stability Board (FSB) – the regulatory watchdog of the Group of 20 (G-20) – warned global regulators that possible stablecoin disruptions should be...

READ MORE >
More PPP Funds Would Help CDFIs Lend Money To Micro Businesses
More PPP Funds Would Help CDFIs Lend Money To Micro Businesses
April 14, 2020  |  Coronavirus

Community Development Financial Institutions (CDFIs) are hoping more Paycheck Protection Program (PPP) funding is passed by Congress soon so that smaller businesses left behind can...

READ MORE >
JPMorgan Says It’s Processing 300,000 PPP Loans
JPMorgan Says It’s Processing 300,000 PPP Loans
April 14, 2020  |  Earnings

JPMorgan Chase reported results that showed the impact of the coronavirus, especially toward the end of the quarter, reflecting declines in consumer spending – and...

READ MORE >
Does The Fitness Biz’s Digital Shift Have Post-COVID-19 Endurance?
Does The Fitness Biz’s Digital Shift Have Post-COVID-19 Endurance?
April 14, 2020  |  Retail

Americans have a complicated relationship with physical fitness, particularly when it comes to getting enough exercise. According to Centers for Disease Control and Prevention (CDC)...

READ MORE >