News

Retail
Amazon To Test Price Controls Amid Scrutiny
August 08, 2019

As Amazon’s pricing policy is probed, it is testing a new control program for select third-party products that would offer sellers a minimum profit in exchange for allowing Amazon to cut prices at will, CNBC reported on Thursday (Aug. 8). Get the Full Story Complete...

Regulation
FBI Wants More Access To Facebook Data To Monitor Threats
August 08, 2019

The Federal Bureau of Investigation wants to be able to have more access to social media to monitor potential threats, according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Afterpay Reports 6.5K Merchants On Payments Platform
August 08, 2019

Afterpay, the leader in “buy now, pay later” payments, said in a press release that its second bi-annual two-day sale, Afterpay Day, will take place Aug. 14-15. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cross Border Commerce
Canadian Travel Agency Group Partners With Western Union For Payments
August 08, 2019

The Association of Canadian Travel Agencies (ACTA) is collaborating with Western Union to make cross-border payments easier. 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...

Payment Methods
Paytm’s India’s Usage Plummets; Google Pay, PhonePe See Spike
August 08, 2019

After being a usage leader in India’s Unified Payments Interface (UPI), Paytm experienced a sharp decline in transactions in July, while Google Pay and PhonePe have seen usage skyrocket, sources told the Economic Times on Thursday (Aug. 8).  Get the Full Story Complete the form to...

Retail
How Boutique Trucks Are Bringing New Meaning To Fast Fashion 
August 08, 2019

Food trucks have been around since the 1970s, when taco trucks began making the rounds in New York City, but didn’t become a national sensation until 2008 when two events coincided in such a way as to make a long extant — but largely niche...

Retail
DTC Brands Aim To Make Toothpaste More Sustainable With Tablets
August 08, 2019

Some entrepreneurs are inspired to start eco-conscious companies because of their personal experiences: Bite Toothpaste Bits Founder and CEO Lindsay McCormick, for instance, was traveling all the time for work and was going through all of the little travel toothpaste tubes. “It just seemed so...

Retail
Are Postmates Sidewalk Robots Just The Tip Of The Self-Delivery Frontier?
August 08, 2019

The need for food delivery keeps pushing the edge of retail innovation – and could even lead to crowding on sidewalks and competing for room with pedestrians and rented scooters – as Postmates plans to test delivery robots in San Francisco. Get the Full Story...

Retail
Nestle Offers Starbucks-Labeled Coffee In China
August 08, 2019

To tap growth in a place where coffee consumption per capita is said to be low compared to international standards, Nestle began to offer coffee that is Starbucks-branded in mainland China. The company started to sell products with the Starbucks label in February in Asia,...