article thumbnail

UK Retail Banks Draft FinTech Alliance Guidelines

PYMNTS

banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial institutions (FIs). The new guidelines, developed by the British Standards Institute (BSI), aim to address issues that interfere with FinTech firms and banks forming alliances.

article thumbnail

Kroger Advises Peers On Reopening Guidelines

PYMNTS

In the absence of clear federal government direction, retailers are taking reopening guidelines into their own hands. The most notable example comes from Kroger, which shared a COVID-19 reopening playbook for all retailers and supply chain contributors on its website on this week. The research shows that 136.6

Insiders

Sign Up for our Newsletter

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

article thumbnail

Reserve Bank Of India Provides Guidelines For Payment Systems

PYMNTS

The Reserve Bank of India (RBI) has set forth guidelines for “on tap” authorization for various payment systems, including the Bharat Bill Payment Operating Unit (BBPOU), Trade Receivables Discounting System (TReDS) and White Label ATMs (WLAs).

article thumbnail

Providing Access To Healthy Meals With Telehealth Retail

PYMNTS

The quickly evolving telehealth category has a new business model, with diabetes prevention program (DPP) Fruit Street teaming with meal kit company Purple Carrot to add a retail spin to its health advisory service. The move comes as more Americans are staying home amid the coronavirus pandemic.

Retail 250
article thumbnail

State Governments Deliver Mixed Messages On Reopening Retail

PYMNTS

State governments are dropping the ball on retail reopenings. As the week plays out, inconsistent direction and confusion have been standard with New York, Texas, California and Hawaii getting criticized by retailers big and small. They have guidelines that are a little more strict than these guidelines.

Retail 141
article thumbnail

Mask Sales Become A Big Retail Business

PYMNTS

Or maybe they’re both as several types and sizes of retailers step up to sell non-medical face masks. The retail face mask efforts range from small to big companies. Some are buying to stay in line with CDC guidelines to wear a mask, some are buying because of the fashion element of our licenses. This is a long-term play for us.

Retail 257
article thumbnail

NRF, RILA Debut Blueprint For Reopening Retail

PYMNTS

In a plan that frames a phased-in approach to opening retail again, the National Retail Federation (NRF) and the Retail Industry Leaders Association (RILA) debuted a Blueprint for Shopping Safe. And the third phase is to “establish protection, then lift all restrictions” per the announcement. Macy’s Inc. and TGI Fridays Inc.

Retail 141