News

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

Source: pymnts.com

Vitamin Retailer GNC Files Chapter 11 Plan That Includes $760M Bid For The Chain

Vitamin Retailer GNC Files Chapter 11 Plan That Includes $760M Bid For The Chain
Vitamin Retailer GNC Files Chapter 11 Plan That Includes $760M Bid For The Chain
June 24, 2020  |  Retail

Vitamin store chain GNC Holdings filed a “prepackaged” Chapter 11 bankruptcy plan, saying it has an offer to sell the company for $760 million and...

READ MORE >
Next-Gen AP Curing COVID Accounting Ills
Next-Gen AP Curing COVID Accounting Ills
June 24, 2020  |  Next-Gen AP Automation

The accounting world was as caught off-guard and unprepared as most other industries when COVID-19 came to town. One fact has clearly surfaced in the...

READ MORE >
New Vistas For Payments Orchestration
New Vistas For Payments Orchestration
June 24, 2020  |  Cross-border Payments

Businesses are digitizing more rapidly these days, often tapping into new overseas markets and expansion opportunities created by COVID-19. They are also exhibiting increasingly robust...

READ MORE >
Bidders For eBay Classifieds Unit Ready To Pay Up To $2.6B
Bidders For eBay Classifieds Unit Ready To Pay Up To $2.6B
June 24, 2020  |  Investments

With the last bids due in early July for eBay Inc.’s classified advertising business, private equity companies seeking to win the auction could arrange for...

READ MORE >
Meeting SMBs Halfway In Their AP Transformations
Meeting SMBs Halfway In Their AP Transformations
June 24, 2020  |  B2B Payments

Whether it’s to support a work-from-home environment or to limit physical contact with paper surfaces, migrating accounts payable (AP) operations to the cloud is a...

READ MORE >
Corporate Card Innovators Look Beyond Business Trip Spend
Corporate Card Innovators Look Beyond Business Trip Spend
June 24, 2020  |  B2B Payments

With corporate travel still on pause, commercial card innovation has taken a different direction. This week’s look at the latest initiatives explores how FinTechs are...

READ MORE >
Credit Suisse Eyes Its Supply Chain Finance Funds Amid Investor Scrutiny
Credit Suisse Eyes Its Supply Chain Finance Funds Amid Investor Scrutiny
June 24, 2020  |  Investments

Credit Suisse Group has started to look into funds invested in loans arranged by billionaire Lex Greensill and backed by Masayoshi Son’s SoftBank Vision Fund,...

READ MORE >
Deep Dive: Why The $1.6T P&C Insurance Industry Is Turning To eChecks For Payment Flexibility
Deep Dive: Why The $1.6T P&C Insurance Industry Is Turning To eChecks For Payment Flexibility
June 24, 2020  |  B2B 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 >
Visa’s SMB Hub Launches With 20 Partners Including PayPal, Yelp and Freshbooks
Visa’s SMB Hub Launches With 20 Partners Including PayPal, Yelp and Freshbooks
June 24, 2020  |  VISA

Visa has launched an online resource for small- and medium-sized businesses (SMBs) designed to assist entrepreneurs expand their businesses and build stronger customer relationships, the...

READ MORE >