News

Security & Fraud
China Says World Trade Organization Has Its Back On TikTok, WeChat Ban
October 05, 2020

China said it has found an ally in its fight against the U.S. efforts to impose restrictions on TikTok and WeChat, the mobile apps under fire by the Trump administration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

News
Today In Payments: Google Delays In-App Fees; Square Capital Chief To Step Down
October 05, 2020

In today’s top news, Google has delayed its deadline to developers to comply with a new fee system, and the head of Square Capital is stepping down. Plus, Amazon India now lets customers pay credit card bills through its app. Get the Full Story Complete...

International
Today In Payments Around The World: Guild Esports Gets London Stock Exchange Listing; Amazon India...
October 05, 2020

In today’s top payments news around the world, sports star David Beckham’s startup Guild Esports has been listed on the London Stock Exchange (LSE), while Amazon India has launched a method for clients to pay their credit card bills through Amazon Pay. Plus, cyberthieves posing...

Social Commerce
Instagram To Add Shopping To IGTV Video App
October 05, 2020

Facebook isn’t wasting any time to add more features to its Instagram app, the photo and video sharing social networking, to take on rival TikTok. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Partnerships / Acquisitions
Alibaba To Buy Multimillion-Dollar Stake In Duty-Free Retailer Dufry
October 05, 2020

Alibaba Group Holding Co. continues to capitalize on growth opportunities. The latest: China’s digital economy giant has struck a multimillion-dollar deal to buy as much as a 9.99 percent stake in the Swiss duty-free retailer Dufry, Bloomberg reported on Monday (Oct. 5). Get the Full...

Retail
Special K, Other CPG Brands Step Up D2C Efforts
October 05, 2020

Now that consumer packaged goods companies have shown they can create products and sell them directly to consumers, it’s time for them to step up their strong suit: marketing. Some of the latest moves in the business show they are doing just that. Get the...

Retail
Petco Offers Pet Owners New Subscription Option
October 05, 2020

The pandemic has triggered various shifts in the digital-first economy, and Petco has just notched another one. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Retail
Fleet Feet: Running Shoe Retailer Sprints With Technology
October 05, 2020

Americans are exercising through the pandemic. Just ask Nike or Peloton, who have racked up impressive usage and revenue KPIs over the past few months. And not all of the action is taking place in front of a screen, or even indoors. Specifically, Americans are...

Retail
Allbirds Focuses On Store Growth, Global Expansion
October 05, 2020

Wool footwear brand Allbirds is wagering on physical retail stores despite the coronavirus. The firm recently closed a $100 million investment round that will partly back physical growth in international markets and bolster the size of its labor force, the Financial Times reported. Get the...