News

International
Alipay Launches eComm JV With Russian Internet Company Mail.Ru
October 09, 2019

Russian Mail.Ru is forming a joint venture with Alibaba’s mobile payments division Alipay, Reuters reported on Wednesday (Oct. 9). 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...

Retail
Reading The Tea Leaves For Steeping Subscription Success
October 09, 2019

Before Knud Berthelsen founded personalized subscription service Free Your Tea, he found it challenging to find good teas, Berthelsen told PYMNTS in an interview. It is not difficult, however, to find other varieties of beverages – one only has to go to a coffee shop and...

Retail
Retail Keeps Getting More Social — Even As Amazon Stumbles
October 09, 2019

Social media is taking a lot of fire these days, whether the issue is “fake news” or data privacy or just the time-wasting tendencies of many users. Regulation might be in the future. But social media is also driving retail innovation, and those trends are...

Retail
Apple’s AR Glasses Could Hit Stores In First Half Of 2020
October 09, 2019

TF International Securities Analyst Ming-Chi Kuo said Apple is working with third-party brands to launch augmented reality (AR) glasses in the first half of 2020, CNBC reported on Wednesday (Oct. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Alibaba Halts Vaping Component Sales In The US
October 09, 2019

Regulators continue to examine reports of disease and deaths allegedly linked to eCigarettes. 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, PYMNTS Today....

Retail
Vodafone To Shutter 15 Pct. Of European Stores
October 09, 2019

Vodafone has announced it is shutting down 15 percent of its 7,700 stores in Europe, according to Reuters. 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...

B2B Payments
Bottomline Takeover Raises New Concerns With UK Competition Regs
October 09, 2019

The U.K. Competition and Markets Authority (CMA) is raising new concerns about Bottomline Technologies’ acquisition of Experian Payments Gateway (EPG), warning in a press release that the takeover may amount to rising prices. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Why Transparency Is A Problem In Logistics’ B2B Payments
October 09, 2019

B2B payments friction isn’t only experienced on the payer side. Often, accounts receivable challenges can cause significant disruptions to operations, and those consequences can ripple along the supply chain both up and downstream. Get the Full Story Complete the form to unlock this article and...

Open Banking Spurs FI/FinTech Linkups Through Incubators
October 09, 2019

New regulations governing financial services – and transparency – as part of Open Banking are spurring new partnerships that seek to leverage data to create new financial products.  In one example, ndigit is working to bring PSD2 Compliance APIs to Switzerland with F10, a FinTech...