News

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

Source: pymnts.com

AP Automation Transforming Gig Work Payments

AP Automation Transforming Gig Work Payments
AP Automation Transforming Gig Work Payments
June 16, 2020  |  Gig Economy

The gig work revolution was well underway when the pandemic struck. And like so many things, developments that were moving at a leisurely pace, it...

READ MORE >
US Retail And Food Service Sales Jump A Record 17.7 Pct In May
US Retail And Food Service Sales Jump A Record 17.7 Pct In May
June 16, 2020  |  Retail

U.S. retail and food services sales rebounded in May from April amid the pandemic, but they were still under levels seen in May  2019, according...

READ MORE >
Personae Of The Great Reopening
Personae Of The Great Reopening
June 16, 2020  |  Economy

Beginning March 23 and tracking more than 14,000 U.S. consumers to date to assess changes in attitudes and activities during the pandemic, PYMNTS’ latest installment...

READ MORE >
Credit Sesame Acquires Canadian Challenger Bank STACK
Credit Sesame Acquires Canadian Challenger Bank STACK
June 16, 2020  |  Partnerships

In a deal that marks the company’s inaugural acquisition and the start of its global growth, Credit Sesame said it finished its acquisition of Canadian...

READ MORE >
Blockchain Makes Inroads Against Cross-Border Payments Friction
Blockchain Makes Inroads Against Cross-Border Payments Friction
June 16, 2020  |  B2B Payments

Distributed ledger technology (DLT) appears to be making progress in its effort to provide the financial services ecosystem with an alternative to traditional rails, with...

READ MORE >
From T-Shirts To Face Masks: How Hanes Rallied Against A Global PPE Shortage
From T-Shirts To Face Masks: How Hanes Rallied Against A Global PPE Shortage
June 16, 2020  |  B2B Payments

Clothing brand Hanes jumped from producing T-shirts to fighting the global personal protective equipment (PPE) shortage by manufacturing 200 million face coverings and counting. But...

READ MORE >
Easing Banks Into A Cross-Border Payments Paradigm Shift
Easing Banks Into A Cross-Border Payments Paradigm Shift
June 16, 2020  |  B2B Payments

While there are numerous points of friction in cross-border payments workflows and infrastructure, much of it can be summed up as “too many chefs in...

READ MORE >
How FinTechs, Banks Can Find Common Ground To Support SMB Recovery
How FinTechs, Banks Can Find Common Ground To Support SMB Recovery
June 16, 2020  |  B2B Payments

The general consensus in the small business financial services ecosystem has emerged: Traditional financial institutions (FIs) have largely fallen short from providing small- to medium-sized...

READ MORE >