Why Lululemon’s $500M Mirror Deal Is A Muscular Move Into ‘Contextual Commerce’
Why Lululemon’s $500M Mirror Deal Is A Muscular Move Into ‘Contextual Commerce’
July 01, 2020  |  Partnerships / Acquisitions

In a move that caught much of the world off guard, athleisure giant Lululemon announced plans this week to buy home-exercise technology startup Mirror for...

READ MORE >
Brazil Regulator Lifts Suspension Of WhatsApp’s Pair-Up With Cielo
Brazil Regulator Lifts Suspension Of WhatsApp’s Pair-Up With Cielo
July 01, 2020  |  Payment Methods

Cade, the Brazilian antitrust watchdog, announced it would be reversing its decision to suspend the WhatsApp payment services partnership between Facebook and Brazilian card operator...

READ MORE >
BIS To Open Four New Innovation Hubs Over Next Two Years
BIS To Open Four New Innovation Hubs Over Next Two Years
July 01, 2020  |  Banking

The Bank for International Settlements (BIS) Innovation Hub is planning on adding four new locations in Europe and North America, according to a press release....

READ MORE >
PSCU Finalizes Purchase Of Card Issuer Primax
PSCU Finalizes Purchase Of Card Issuer Primax
July 01, 2020  |  Partnerships / Acquisitions

Payments credit union service organization (CUSO) PSCU has acquired payment solution firm Primax, according to a press release. Get the Full Story Complete the form...

READ MORE >
Bitcoin Daily: Crypto Mining Encounters Are Down 40 Pct; Spanish Authorities Crack Down On Crypto Laundering Of $3.3M In Drug Money
Bitcoin Daily: Crypto Mining Encounters Are Down 40 Pct; Spanish Authorities Crack Down On Crypto...
June 30, 2020  |  Bitcoin

Microsoft reported that digital currency mining encounters dropped 40 percent from 2018 to 2019, according to a report. The tech company noted in the report...

READ MORE >
TravelgateX, PayParc Collaborate On Digital Wallet For Instant Travel B2B Payments
TravelgateX, PayParc Collaborate On Digital Wallet For Instant Travel B2B Payments
June 30, 2020  |  B2B Payments

Travel tech companies TravelgateX and PayParc have made a deal to create a B2B digital wallet, operating via API integration and available for any buyer...

READ MORE >
Free Food Offer Crashes Taco Bell’s App, Website
Free Food Offer Crashes Taco Bell’s App, Website
June 30, 2020  |  ResTech

Lots of Taco Bell customers hoping to get their hands on a free Chalupa Craving Box were disappointed when the Mexican and Tex-Mex fast food...

READ MORE >
Visa, Careem Team To Support Digital Payments Growth In Middle East, N. Africa
Visa, Careem Team To Support Digital Payments Growth In Middle East, N. Africa
June 30, 2020  |  VISA

Careem, the Dubai-based ride hailing company, has entered into a partnership with Visa to expand digital payments. Get the Full Story Complete the form to...

READ MORE >
Allica Bank Launches With Profile Software Infrastructure For SMBs
Allica Bank Launches With Profile Software Infrastructure For SMBs
June 30, 2020  |  B2B Payments

U.K. challenger bank Allica Bank has launched using Profile Software‘s banking programs in order to ensure small- to medium-sized business (SMB) customers a way to manage...

READ MORE >