Amazon launches pay with hand, CDC says do holiday shopping online, Restaurants prep for post-pandemic future

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

September 29, 2020

PYMNTSTV: How We Shop

Why Millennials And Gen Z Could Save 2020's Holiday Shopping Season

Things are looking very uncertain as the holiday-shopping season looms, with retailers unsure what U.S. consumers will do. But panelists on the latest ‘On the Agenda’ discussion believe younger consumers could save the day, although merchants will have to raise their digital game. Karen Webster discusses with Cosmetics CEO Ric Kostick, Afterpay Co-founder and CEO Nick Molnar and Apricot Lane Boutique CEO Patrick Stewart.

 

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PYMNTSTV: How We Eat

Restaurants, C-Stores Prep For A Post-Pandemic Omnichannel Future

Convenience stores and restaurants have been hit hard by the pandemic, but Paytronix CEO Andrew Robbins tells Karen Webster that many have been resilient, creative and resourceful in making sales. Now, they’re taking stock of some of the digital pivots that helped them do that over the last six months — like the use of aggregators — to decide what best fits into their post-pandemic plans.

 

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Podcast: Disruptive Technologies

Why Corporates Want, But Can’t Always Get, A Single View Of Their Cash

Taking a unified, holistic view of payments in and out and the impact to cash accounts is a necessity for corporates, but Harpreet Grewal, chief operating officer of Volante Technologies, tells PYMNTS that it’s a struggle to get that single view. He should know – he was one of those corporates not long ago. Here’s what he wishes he had then to make managing cash easier and more reliable.

 

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Innovation

Using 5G To Build Tomorrow’s Smart Cities Today

 

 

 

Building smart cities has long been an aspiration for many municipalities, but the pandemic is making that a necessity, Ubicquia CEO Ian Aaron tells PYMNTS. For instance, some cities that set up online schools quickly found out some students lacked high-speed Internet. Here’s how the industry plans to use 5G to change that. 

 

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SMB

Closing Latin America’s $350B SMB Trade-Finance Gap 

Latin American banks reject about half of small- and medium-sized businesses’ loan applications even though SMBs create roughly half of the region’s trade volume and most of its jobs, Jacob Shoihet, co-founder and CEO of online-financing platform Marco Financial, tells PYMNTS. Here’s how online-financing platforms can fill the void. 

 

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B2B Payments Innovation Readiness

NEW DATA: Pandemic Pushes 70 Pct Of Businesses To Automate Accounts Receivables

Fifty percent of businesses say manual processes, sluggish payments and high operating costs have made managing accounts-receivable departments’ nerve-wracking over the last six months – pushing 70 percent of firms to make automating AR a high priority. In the B2B Payments Innovation Readiness Report, PYMNTS, in collaboration with American Express, analyzed survey responses from 460 businesses across five sectors to examine the impact of automating AR functions on days sales outstanding and cash flow.

 

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Best Of Yesterday 


Report: How Subscription Commerce Companies Can Keep Millions Of Consumers From Hitting ‘Cancel’ Post-Pandemic


Paytm President: Going From Mobile Payments To India’s Connected Commerce Ecosystem


Report: Helping Online Merchants Comply With The Middle East’s New Payments Regs


 

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