Walmart to challenge Amazon Prime, Quicken Loans files IPO, Preparing for the coming grocery delivery wars

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

July 8, 2020

Payroll

What Will It Take To Get Rid Of The Paper Paycheck?

Paying workers via paper checks is unreliable, unsafe and untenable, Mark Putman, general manager of Payments at ADP, tells PYMNTS. And that was before the global pandemic made paper checks a source of real friction for workers and their employers. Here’s where he says paper checks still live and why.

 

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Payment Methods

Will The Pandemic Spell The Real Death Of Cash?

Cash in a pandemic where touchless and digital is the rage? In an interview with PYMNTS, Scott Anderson, director of software product management and go-to-market, banking at Diebold Nixdorf, said that predictions of cash’s imminent demise are — still — premature. Here’s where he says cash remains very much alive and where the pockets of uses and use cases lie.

 

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Grocery Delivery

Prepping For The Coming Grocery Delivery Wars

With online grocery sales ballooning to $7.2 billion in June, players from Ahold Delhaize to Walmart and Amazon to Instacart and Uber are unveiling a stream of new shopper incentives to feed the growing appetite for grocery delivery, both from the consumer perspective of food shopping in a post-pandemic world, to corporate views on the growth and profit potential of grocery delivery as a sector. Here’s who’s doing what.

 

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US Economy

Rocky Road Confronts Digital (And Hesitant) Consumer For Rest Of 2020

It took 12 weeks to create the digital consumer. The pandemic helped a lot, of course, as PYMNTS data show. But high unemployment and a decline in personal income signal a rough holiday season ahead. Here are the trends that shaped doing – everything – from home and what lies ahead.

 

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PPP Loans

PPP Loans, Cash Crunches And Now, The Specter Of Public Shame

PPP has been a lifeline for millions of SMBs who kept employees on their payrolls and their businesses afloat during the pandemic. But the threat of audits and more in late April prompted the return of $30 billion of approved funds, and the Administration’s decision this week to publish the private details of SMBs who got more than $150,000 may keep the $130 billion that’s still up for grabs from getting any takers. We break it down.

 

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Next-Gen AP Tracker™

New Report: Fixing The Global Fruit Supply Chain's Broken Payments Problem

Fruit importers/exporters never know how much they’ll pay their growers or get paid by grocery stores until the produce hits the market. That means a rather pear-shaped cash flow if they rely on accounts payable (AP) tools that aren’t tailored to their unique needs, says Juan Gonzalez Pita, founder of Salix Fruits. In the latest Next-Gen AP Tracker, Gonzalez Pita discusses how robust payables management tools have helped him streamline and expedite payments to growers in 18 countries.

 

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