Remove Continuity Remove Returns Remove Shutdown
article thumbnail

What To Make Of The Gradual Return Of The In-Office Workforce

PYMNTS

But the cable cars are still sitting still, and ridership on public transportation remains down by 90 percent because even given the option to return to their offices by the state, local tech and office workers aren’t exactly enthused to return. percent of workers have left home to return to the office nationally.

Returns 60
article thumbnail

Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers

PYMNTS

A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and customers today, including multiple Samsung Pay users, according to reports. A company representative confirmed that Samsung Pay’s international transactions have halted as technicians continue their efforts to resolve the issue.

article thumbnail

IRS Corporate Audits Drop 71 Pct, Individual Audits Fall 65 Pct

PYMNTS

The advocate also said in the report that examinations on individual tax returns fell to 5,013 from April 1 to June 1 this year compared to 14,188 during the same time last year, marking a 65 percent fall. In the meantime, the interest and penalties continued to accrue on their debts,” the advocate noted. Last October, the U.S.

Audit 69
article thumbnail

Does The Merchant And Consumers' Disconnect On The Pandemic’s Length Signal Trouble?

PYMNTS

And nearly a quarter of SMBs (24 percent) report their financial situation has improved since COVID-19’s dark early days when widespread shutdowns were taking effect. economy hit another round of shutdowns as summer gives way to fall and colder temperatures sweep the country. But the good news comes with a few caveats. In fact, 39.3

Consumer 111
article thumbnail

KKR Agrees To Purchase 1-800 Contacts From AEA Investors

PYMNTS

It's gratifying that KKR sees such incredible value in our brand and that they will continue to support us in doing what we do best — delivering the best vision care to consumers with the highest quality customer service,” 1-800 Contacts CEO John Graham said in the announcement.

article thumbnail

China Extends Economic Stimulus Measures For Small And Micro-Businesses

PYMNTS

Certain banks catering to small businesses will also continue to receive government support in the wake of a massive shutdown earlier this year due to the COVID-19 pandemic. China’s economy returned to growth in the second quarter and is now the only leading economy to show significant growth in 2020, with GDP growing 0.7%

Economy 69
article thumbnail

Broadway Is ?Frozen? By The Pandemic, And Live Entertainment?s Future Looks Chilly As Well

PYMNTS

Summer looms, and for those who had hoped for some return to normalcy — baseball games, movies, trips to New York City to see well, anything — those hopes appear dashed to a large measure. animated film, won’t return even after Broadway reopens at some point in the future.