News

Security & Fraud
Breach Of Mastercard Loyalty Program Affected 90K Germans’ Data
August 23, 2019

Belgian and German data protection regulators were notified by Mastercard of a possible data breach, Bloomberg reported on Friday (Aug. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
India Rules IDs Can’t Be Linked To Social Accounts
August 23, 2019

An Indian court has ruled that people in the country can’t link Aadhaar (unique identification) or any other government-issued identification with their social media accounts, according to reports.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Huawei Expects US Restrictions To Slash Smartphone Revenue By $10B
August 23, 2019

Huawei said that revenue loss from U.S. trade restrictions will hit it for about $10 billion, which is $20 billion less than initially feared, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
US Lawmakers Seek Tighter Regulation Of Financial Cloud Services
August 23, 2019

Democratic House Representatives Katie Porter and Nydia Velázquez have asked the Financial Stability Oversight Council (FSOC) to look into tighter oversight of Big Tech cloud services in the financial sector, according to a report by Reuters. Get the Full Story Complete the form to unlock...

Retail
WSJ Investigation Finds Thousands Of Unsafe Products On Amazon
August 23, 2019

The Wall Street Journal did an investigation of thousands of Amazon’s third-party items and found a large amount were unsafe, mislabeled or banned in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Retail Pulse: Wayfair Opens Mall Store; Banana Republic Unveils Style Passport
August 23, 2019

Online furniture retailers are stepping further into the world of physical retail with permanent brick-and-mortar stores. Wayfair, for instance, opened a store at the Natick Mall in suburban Boston, where consumers can experience products firsthand before making a purchase, after debuting a pop-up shop there...

Retail
QSRs Provide Fresh Look At Retail Innovation Trends
August 23, 2019

For a glimpse at how innovation is playing out in the retail world, it always helps to take a look at recent developments in the world of quick-service restaurants, or QSRs. And things are getting much more mobile and digital – a trend that promises...

Retail
Hasbro To Acquire Entertainment One For About $4B
August 23, 2019

In an all-cash deal, Hasbro will purchase Entertainment One for 3.27 billion pounds or roughly $4 billion in cash. The deal is said to offer new exposure to the Power Rangers and Nerf toymaker, CNBC reported. Hasbro Chief Executive Officer Brian Goldner said, according to...

Retail
Walmart Debuts Earth To Skin Product Line
August 23, 2019

With only products that cost less than $10, Walmart debuted its new Earth to Skin skincare line. The products are made with more natural ingredients and don’t have ingredients such as phthalates, sulfates, parabens or petrolatum, People Magazine reported. Get the Full Story Complete the...