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Secondhand News: Economy, Pandemic Create New Role For Pawnshops

PYMNTS

At a time when the coronavirus has caused a spike in unemployment and crippled countless small businesses, the pawnbroking industry has found itself in a perfect storm of sorts, which has fueled a surge in demand for loans as well as an appetite for secondhand merchandise. Old Industry, New Technology.

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Grocery Stores To Starve For Profits?

PYMNTS

As noted across several web sources, including Seeking Alpha , a number of executives offering insight at several industry conferences have said that sales are sluggish and that, at least in some cases, the causes are dual in nature, linked to tough pricing and also to less money coming from government benefits.

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Amazon, Walmart Announce New Blockchain Ventures

PYMNTS

Of course, the FinTech industry doesn’t have to look it up, but the dictionary now defines blockchain as a technology that enables the keeping of records of financial transactions in a digital database as part of a publicly accessible network. Blockchain is now an official word in the Merriam-Webster dictionary.

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Why Unified Commerce Is Critical For Merchants — And Catnip For Fraudsters

PYMNTS

Right now, what we are seeing is that card-present volumes have dropped dramatically and depending on the industry, gone to zero, and there has been a massive surge in card-not-present volumes.”. And the increasing pressures on various supply chains have also led to different commerce experiences in the grocery industry.

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The Delikate Art Of Ethical Fashion

PYMNTS

I would love for a few key collaborations to take place that can spread the message to other markets, which is vital to the industry as a whole’s advancement,” Meg Vora noted in an interview. Look at you saving the environment and looking badass while doing it,” is an example of a note sent to a client.

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Banks driving increase in global meat and dairy production, report finds

TheGuardian

Financiers providing billion-dollar support for industrial livestock companies to expand leading to unsustainable rise in production Billion-dollar financing is driving unsustainable increases in global meat and dairy production, a report has found.

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Ensure your community bank is inclusive

Independent Banker

Recently, there has been an increased focus across all industries on diversity, equity and inclusion, or DEI. This could be as simple as ensuring there are meat-free options for vegetarians at every company event, or as involved as establishing culturally specific employee resource groups. We don’t all like to stand when we work.