article thumbnail

Groupon Expands Food Delivery Service To St. Louis

PYMNTS

12) that its on-demand food delivery service, Groupon To Go, has expanded to St. We’re thrilled to bring Groupon To Go to St. Louis and give our customers easy access to the food they want, when they want it,” said Dan Roarty, senior vice president of restaurants at Groupon, in the press release. “St.

St. Louis 100
article thumbnail

Goldman Sachs: US Unemployment To Hit 15 Pct; GDP May Drop 34 Pct In Quarter

PYMNTS

The stock market has been recovering from the early shock of the pandemic, however. Louis Federal Reserve President James Bullard saying he doesn’t see the markets as terribly damaged in the long run, and Minneapolis Federal Reserve President Neel Kashkari contradicting that, saying a quick recovery was unlikely.

St. Louis 174
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fed Concerned Trade War Could Trigger Recession

PYMNTS

Officials have not dispelled market expectations that interest rates could be cut again for the third time when they meet later this month. At last month’s meeting, James Bullard, president of the St. Louis Fed, voted for a bolder rate cut of 50 basis points. percent interest on credit cards, the Federal Reserve said in May.

St. Louis 109
article thumbnail

Top News in Payments: UK FCA Asks Banks To Explain High Overdraft Fees; Yandex Launches 15-Minute Grocery Delivery

PYMNTS

The company plans to operate the service, called Lavka, like a digital convenience market, and stocks roughly 2,000 items. Bank Is Doing To Drive Virtual Card Adoption. In this month’s Credit Union Tracker, PYMNTS spoke with the St. Casper’s Unicorn Ambitions In Jeopardy After S-1 Filing.

St. Louis 131
article thumbnail

Mobile Payments: Adornments For the U.S., mVisa For The Unbanked In Nigeria

PYMNTS

Global Payments, The SME Market And Mary Kay. Consultants will don a Bluetooth reader that pairs with Apple iOS or Android smartphones or tablets, to accept payment of credit and debit cards. The motivation behind the partnership for Global Payments is an initial onslaught into the SME market. for about four years.

Mobile 100
article thumbnail

Millennials May Never Financially Recover From The Great Recession

PYMNTS

That is the worrisome take-away from a new Federal Reserve Bank of St. Louis study titled “ A Lost Generation? But those that did own property have been able to recover wealth in some markets. Instead, their debt issues from student loans, with a healthy mix of auto and credit card debt in the mix.

article thumbnail

Meal Subscription Services Take On The School Lunch

PYMNTS

But he wanted to test out the idea before bringing it to market, so he built a splash page with a minimum viable product (MVP) and posted it on a local mom group page on Facebook. While there are other services geared toward providing lunches to kids, such as Yumble , Cooper said the company has the first-to-market advantage.

Apple 124