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Jobless Rate Hits 14.7 Pct; 20.5M Nonfarm Jobs Lost

Jobless Rate Hits 14.7 Pct; 20.5M Nonfarm Jobs Lost
Jobless Rate Hits 14.7 Pct; 20.5M Nonfarm Jobs Lost
May 08, 2020  |  Economy

The latest jobless report illustrates the devastation caused by COVID-19, as the U.S. Bureau of Labor Statistics released the worst unemployment numbers in the nation’s history....

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Finding Front- And Back-Office Flexibility In SMB Banking
Finding Front- And Back-Office Flexibility In SMB Banking
May 08, 2020  |  B2B Payments

The small business FinTech arena continues to blossom as more developers explore ways to address a market historically underserved by traditional financial institutions (FIs). Get...

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Deep Dive: How The COVID-19 Virus Is Impacting The Online Gambling Industry
Deep Dive: How The COVID-19 Virus Is Impacting The Online Gambling Industry
May 08, 2020  |  Disbursements

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

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Small Businss Banking Secures New FinTech Unicorn
Small Businss Banking Secures New FinTech Unicorn
May 08, 2020  |  B2B Payments

There may be talk of a venture capital slowdown, but B2B FinTech saw a busy week, with more than $280 million raised. Investors found promise...

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Higher Education Eyes Freezing Tuition
Higher Education Eyes Freezing Tuition
May 08, 2020  |  Debt

The College of William and Mary, hoping to court new applicants even as a financial crisis grips the world, has announced a rollback of the...

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Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers
Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers
May 08, 2020  |  Retail

Brookfield, which owns stake in numerous malls and related properties, is going to spend $5 billion to try and get the industry back on track...

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Fitness Centers Stretch Their Business Models, Build New Strengths Amid COVID-19 Pandemic
Fitness Centers Stretch Their Business Models, Build New Strengths Amid COVID-19 Pandemic
May 08, 2020  |  B2B Payments

Shuttered gyms are seeing memberships and on-site retail sales plummet, prompting many to shift their services online. But an absence of seamless digital payment experiences...

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Apple Introduces New eCommerce Portal With Upgraded UX
Apple Introduces New eCommerce Portal With Upgraded UX
May 08, 2020  |  Apple

With most of Apple’s retail stores remaining closed due to the coronavirus pandemic, the tech giant is introducing a new hub to streamline the shop-from-home...

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Samsung Pay Launches Debit Card, Money Management
Samsung Pay Launches Debit Card, Money Management
May 08, 2020  |  Payment Methods

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Get the Full Story...

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