News

International
Russia To Bring National Payment System To UK
November 27, 2019

Russia is partnering with PayXpert to test its national payment system MIR in London, RT.com reported on Wednesday (Nov. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Early Holiday Deals Trigger 15 Pct. YOY Spike In Nov. Retail Spending
November 27, 2019

A late Thanksgiving means retailers faced less time to offer holiday shopping deals, so many of them compromised by simply starting sales early. According to TechCrunch, the move has paid off, with consumers having already spent $50.1 billion online since Nov. 1. Get the Full...

Biometrics
China Tech Giants Push For Face ID Standards
November 27, 2019

Tencent, Xiaomi and Ant Financial are among the Chinese tech giants partnering with artificial intelligence (AI) firm SenseTime in an effort to standardize the facial recognition industry, Abacus reported on Wednesday (Nov. 27). Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Police Raid Prompts Pope To Appoint New Vatican Financial Head
November 27, 2019

On the heels of a Vatican banking scandal and subsequent police raid, Pope Francis appointed senior Bank of Italy official Carmelo Barbagallo, 63, to head the Vatican’s Financial Information Authority (AIF), Reuters reported on Wednesday (Nov. 27). Get the Full Story Complete the form to...

Retail
When Subscription Boxes Help Coaches Step Up To The Training Plate
November 27, 2019

Coach Crates CEO and Founder David Wodzisz’s experience in baseball has been both on and off the plate. When he started coaching travel ball after college, he noticed that, as was the case during his playing days, a lot of practices were the same, “day...

Ridesharing
London Cements Uber Ban Over Fake Identities
November 27, 2019

Uber was declared “not fit and proper” to operate in London — the ride-hailing company’s largest European market — and now has three weeks to appeal, according to a Monday (Nov. 25) statement from Transport for London (TfL).  Get the Full Story Complete the form...

Retail
On Thanksgiving Eve, Holiday Shopping Trends Are Shaping Up
November 27, 2019

The holiday shopping season is upon us, and the trends for the season are emerging. 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 daily newsletter,...

Retail
Retail Pulse: True Food Drives Menu Innovation, LVMH Agrees To Buy Tiffany & Co
November 27, 2019

Restaurants that are driving food innovation with carefully chosen ingredients focused on health are seeking funding to help power their growth. True Food Kitchen, in one case, has created its menu around recipes that Dr. Andrew Weil inspired with anti-inflammatory ingredients and is mulling raising new...

Retail
Smart Home Features Now Come Home With Alexa
November 27, 2019

After announcing previews for Smart Home features to help make exciting experiences for Alexa customers, Amazon noted that several of them are now generally available. Those include updates to the cooking API; semantic extensions; and support for garage door controllers as well as shades, according to a post on...