The first half of 2020 has been particularly grueling for the travel industry. Jeff Cavins, CEO of recreational-vehicle rental site Outdoorsy, likens it to the entire planet “getting hit by a meteor� in terms of what it did to consumer interest in travel. Cavins and other industry all-stars recently joined...
UPS Adds Peak Delivery Surcharge To Manage eCommerce Demand Amid Pandemic
Seeking to manage the overflow of cases during the pandemic, UPS is adding a new ‘peak’ surcharge similar to how they do for the busy holiday season, The Wall Street Journal reported Thursday (May 28). The surcharges will add an extra 30 cents to packages shipped by UPS Ground and...
The coronavirus is a chance to bring payments in-house
Minimizing outsourcing is one way to minimize uncertainty, making sure you’re the one in the driver’s seat of your plans.
Coronavirus created mixed opportunities for crypto payments
As Erez Ben-Kiki and is wife tried to move her yoga business online — conducting classes via Zoom — they discovered that the process of monetizing such classes was surprisingly awkward. Ben-Kiki, the CEO and co-founder of company 2Key Network, spotted a gap in the market.
Sony funding arm invests in MagicCube technology
Sony has invested in digital transaction security firm MagicCube, citing it as the Sony Innovation Fund's first investment outside of Japan.
Remote work or not, current B2B payments aren’t up to snuff
There are several ways the coronavirus has shown that traditional manual, paper-based AP processes are not up to the task in 2020 and beyond
How check maker Deluxe is working to digitize coronavirus relief payments
Even digitally savvy organizations face a vexing dilemma when sending emergency funds: The neediest recipients often have little other option than to receive paper checks.