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Embattled OnDeck Reports $59 Million Net Loss

Embattled OnDeck Reports $59 Million Net Loss
Embattled OnDeck Reports $59 Million Net Loss
April 30, 2020  |  Earnings

Already facing harsh criticism from an activist investor, FinTech OnDeck reported a $59 million first-quarter net loss and $57.6 million adjusted net loss due to an...

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JPMorgan Chase Submits Nearly $18B In PPP Loans
JPMorgan Chase Submits Nearly $18B In PPP Loans
April 30, 2020  |  Coronavirus

JPMorgan Chase & Co. told its small business clients that the New York financial services company has submitted 220,000 applications this week to the Paycheck...

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Global Retail Sales Projected To Fall 9.6 Pct On Average
Global Retail Sales Projected To Fall 9.6 Pct On Average
April 30, 2020  |  Retail

Amid the impacts of the coronavirus pandemic, Forrester forecasts that global retail sales this year will drop by an average of 9.6 percent around the...

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Deep Dive: How Companies Are Balancing Paper-Based AR Payments In A Digital World
Deep Dive: How Companies Are Balancing Paper-Based AR Payments In A Digital World
April 30, 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....

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Another 3.8 Million Americans File Jobless Claims, Bringing COVID Total Above 30 Million
Another 3.8 Million Americans File Jobless Claims, Bringing COVID Total Above 30 Million
April 30, 2020  |  Coronavirus

COVID-19 continues to take its toll on the nation’s economy, as another 3.8 million Americans filed for jobless claims week ended April 25, the U.S....

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Innovating Next-Gen Credit Solutions
Innovating Next-Gen Credit Solutions
April 30, 2020  |  Alternative Credit

A steady progression of credit throughout decades finds payments at a new frontier. Get the Full Story Complete the form to unlock this article and...

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A New Reality For Supplier Risk Management
A New Reality For Supplier Risk Management
April 30, 2020  |  B2B Payments

Supplier risk management is often a resource-intensive practice and rarely a target of technological investments. As a result, corporates will often let their vendor relationship...

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Innovation Eases The Friction Of Global Payment Rails
Innovation Eases The Friction Of Global Payment Rails
April 30, 2020  |  B2B Payments

This week’s examination of the latest in payments rails innovation finds financial service providers innovating on top of existing rails to address the friction of...

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How BNPL Services Help Small Businesses Increase Their Sales
How BNPL Services Help Small Businesses Increase Their Sales
April 30, 2020  |  Buy Now Pay Later

Durable workwear is essential for EMTs, firefighters and many other frontline professionals, but the COVID-19 pandemic and the ensuing economic downturn means many of these...

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