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Saving Main Street: Advocacy Groups Propose New Government Relief Programs

PYMNTS

The crisis is hardly over, but post-pandemic reality is setting in for Main Street retail. The prevailing sentiment, as the crisis heads into its third month, is that more innovative government programs will be necessary to provide any meaningful relief. Policy put into place must target Main Street.

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Amazon Pay’s Gauthier: No One Can Predict Retail’s Future, So Innovate Around What Won’t Change

PYMNTS

Should I leverage the online capabilities?’ — taxes that budget,” Gauthier said. But Gauthier said the tricky part about trust for retailers heading online is how to maintain it when they move beyond a local customer base who may know them, to a new to digital audience, or one that’s national or even international.

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Agora Services Debuts New Tools For SMB Banking

PYMNTS

There will also be receipt managing sub-accounts for tax purposes, and other such perks. Community banks have been working to innovate through collaborations with FinTechs. PYMNTS reported that those kinds of partnerships can often be faster than the bank innovating on its own.

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The Rapid Rise Of Social Credit Scores 

PYMNTS

Since roughly 2014, the Chinese government has been working on the system, which is designed to be a “method to perfect the socialist market economy system, accelerating and innovating social governance,” according to a State Council notice from 2014. million times last year for offenses such as unpaid taxes and fines.

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How Shutterstock Fast-Tracks Royalty Disbursements For Its 1 Million Contributors

PYMNTS

In the most recent Disbursements Tracker , PYMNTS discusses how moving to digital disbursements can alleviate these pain points, but businesses also have compliance and infrastructure costs to consider as they innovate their payment processes. Around The Disbursements World. Israeli financial startup Refundit recently raised $9.8

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Belarus: Silicon Valley Of Eastern Europe

PYMNTS

This week, our Tech Center Roundup heads to Belarus to see how the nation has become one of the largest and most established places in Europe for information technology outsourcing. The nation is known for its well-educated population and low labor costs. Exports from Belarus’s main IT hub totaled $705.6 million people.

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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

For inspiration in banking innovation, we often look to other industries. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million. Honkook Kim and his Gentle Monster Brand is a perfect example.