News

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

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Back-To-School Predictions Go Off The Charts
Back-To-School Predictions Go Off The Charts
August 12, 2020  |  Retail

Back-to-school sales will set a record this year. The issue is whether it’s a record on the positive or negative side of the ledger, because...

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Dosh Expands Card-Linked Offer Platform
Dosh Expands Card-Linked Offer Platform
August 12, 2020  |  Retail

Dosh, the company that bills itself as the fastest-growing cash-back, card-linked offer platform, is expanding its retail-based solution to the financial services business. The announcement...

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Hudson’s Bay, Canadian Tire Predicted To Face Difficulties
Hudson’s Bay, Canadian Tire Predicted To Face Difficulties
August 12, 2020  |  Retail

As Canadian Tire and Hudson’s Bay Company (HBC) had not successfully changed to meet the shifting shopping routines of customers even pre-pandemic, one expert claims...

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Large Retail Chains Start To Leave Big Apple Amid Pandemic
Large Retail Chains Start To Leave Big Apple Amid Pandemic
August 12, 2020  |  Retail

Signs are emerging that large retail chains are beginning to leave New York City, although the municipality has kept COVID-19 in check and is gradually...

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The Road To Recovery: Main Street SMBs And Closing The Cash Flow Gap
The Road To Recovery: Main Street SMBs And Closing The Cash Flow Gap
August 12, 2020  |  Merchant Innovation

To gauge the economic health and vitality of local economies, one need look no further than the financial stability of the small and medium-sized businesses...

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How The Pandemic Is Making Robust Address Verification Critical For eCommerce Platforms
How The Pandemic Is Making Robust Address Verification Critical For eCommerce Platforms
August 12, 2020  |  Digital Onboarding

Delivering packages to the wrong address leaves customers frustrated, and sours eCommerce platforms' efforts to optimize their onboarding and checkout experiences, says Rodrigo Rodríguez of...

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The Prepaid Card Carves A Niche In The B2B Payments Ecosystem
The Prepaid Card Carves A Niche In The B2B Payments Ecosystem
August 12, 2020  |  B2B Payments

As payment innovators explore how to build up existing payment rails, or build entirely new ones, to combat friction, the low-hanging fruit remains plentiful to...

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Small Business Banking Targeted In Open Banking Initiatives
Small Business Banking Targeted In Open Banking Initiatives
August 12, 2020  |  B2B Payments

Small businesses have landed at the center of B2B FinTechs’ and financial service providers’ latest collaborative efforts. In this week’s roundup of open banking initiatives...

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COVID Hits UK Economy Harder Than Other Developed Economies
COVID Hits UK Economy Harder Than Other Developed Economies
August 12, 2020  |  Europe

The impact of the coronavirus in Europe hit the United Kingdom (U.K.) especially hard. The Wall Street Journal reported England, Scotland, Wales and Northern Ireland...

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