News

Regulation
UK Competition Watchdog Designates Amazon as ‘Grocery Retailer’ to Protect Suppliers
February 09, 2022

As a result of Amazon’s increasing activity in the U.K. grocery sector, Britain’s Competition and Markets Authority (CMA) announced in Wednesday (Feb. 9) statement that it has designated the eCommerce giant and its U.K. subsidiaries under the Groceries Market Investigation Order. Get the Full Story...

Regulation
SEC Advisor: Regulator Should Listen to the Crypto Community and Open Debate
February 09, 2022

As a panel member that advises Securities and Exchange Commission (SEC) Chairman Gary Gensler, Associate Professor J.W. Verret of the Antonin Scalia Law School at George Mason University has more than a passing interest in regulating cryptocurrencies. Get the Full Story Complete the form to unlock...

Europe
European Chips Act Brings $12.6B to Companies Producing in EU
February 09, 2022

To make the European Union more competitive in the global technology race, Brussels is providing money for the chips that power electronic devices as supply chain problems have made them scarce, the European Commission announced in a Tuesday (Feb. 8) press release. Get the Full...

Security & Fraud
Credit Suisse’s Swiss AML Case Reminds Us That Fraud Is Old School
February 09, 2022

Amid the cryptocurrency surges, the wallets coupled and decoupled — in short, the digital revolution in financial services — it seems that the fraudsters would go all-in on high-tech schemes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
SkyPad Partners With Saks Off 5th on Performance Analytics
February 09, 2022

Product performance analytics company SkyPad on Wednesday (Feb. 9) announced it has partnered with Saks Off 5th to “significantly transform the way sales and inventory data is shared between Saks Off 5th and its vendor partners,” according to the joint announcement. Get the Full Story...

Retail
CVS Sees $3B Tech Investment as COVID-19 Vaccine and Testing Set to Plunge
February 09, 2022

After a year of unprecedented COVID-19-related gains, the nation’s largest pharmacy chain is looking to leverage the new customer connections it made during the pandemic and prepare for a time without the benefit of vaccine and testing foot traffic and revenue. Get the Full Story...

Investments
Scandit Continues Global Expansion for Personalized Retail Experiences
February 09, 2022

Scandit, which develops augmented reality (AR) and mobile computer vision technologies, is tapping into the cameras on smart devices to interact with retail items and bring more personalized experiences to shoppers, according to a company announcement Wednesday (Feb. 9). Get the Full Story Complete the...

Regulation
Regulators Must Catch up With Digital Finance, EU Watchdogs Warn
February 09, 2022

Europe’s three regulators have called for actions to ensure the European Union’s (EU) rules and supervisory framework is fit for the digital age. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Mobile FinTechs Aim to Crush 30% Fees for Nigeria’s SMEs
February 09, 2022

Finding financial solutions that work for every business — no matter the size or location — can be a challenge even with all the infrastructure it takes to make the process quick and convenient for everyone. Get the Full Story Complete the form to unlock this article...