News

Loyalty & Rewards
‘Amazon Moments’ Lets Devs Gift Users With Tangible Rewards
February 14, 2019

Amazon has launched a service called Moments, to let developers create actions for customers and give them rewards for completing them, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
JPMorgan, Goldman-Backed Payments Co Finablr Eye IPO
February 14, 2019

Finablr, a payments and foreign exchange company in the United Arab Emirates (UAE), said it will launch an Initial Public Offering (IPO) next month, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Global Payments
CaixaBank Brings Facial Recognition To ATMs; Tesco Bank Unveils Apple Siri Feature
February 14, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the introduction of automated teller machines (ATMs) with facial recognition technology from Spain’s CaixaBank. The U.K.’s Tesco Bank unveiled Apple Siri functionality for its mobile app, state-owned firms in...

Retail
Savvy Online Retailers Add Connected Consumer-Friendly Payment Options
February 14, 2019

With all sorts of digital services at their fingertips, consumers are looking for convenience when they purchase products or services. Consumers, for instance, are swapping their cable channels for digital streaming subscriptions or using rideshares instead of public transportation services. And these digital services are...

Retail
Captain Blankenship And Stepping Out Of The Wholesale Shadows
February 14, 2019

When it first launched in 2009, clean beauty brand Captain Blankenship’s offering was still a very niche product. While “all-natural,” “organic” and “paraben-free” had begun making the rounds in the latter twenty-aughts, they weren’t yet terms that appeared routinely on beauty and skincare packaging. In...

Retail
Digital At-Home Boxing Subscriptions Step Into The Ring
February 14, 2019

To enable consumers to train away from the gym with expert instruction, digital fitness startups are combining specialized equipment with content subscriptions. FightCamp, for instance, is seeking to bring the experience of boxing instruction into consumer’s homes. “It’s an interactive home boxing gym,” FightCamp CEO...

Retail
Wayfair Debuts An Outlet Store
February 14, 2019

After testing out pop-up shops last year, digital furniture retailer Wayfair plans to open the doors to an outlet store in Kentucky. The brick-and-mortar location will be in the building of a warehouse that processes returned goods, Digiday reported. Get the Full Story Complete the form...

Retail
Retail Sales Fell 1.2 Pct In December To $505.8B
February 14, 2019

As consumers contained their spending at the end of 2018, a consumer spending indicator posted its biggest decline in a decade. Retail sales fell by 1.2 percent in December on a seasonally adjusted basis to reach $505.8 billion, while economists in one survey had forecast...

B2B Payments
Esker, Fuji Xerox Team Up For APAC Accounts Payable
February 14, 2019

Cloud-based accounts payable solution provider Esker is teaming up with document services unit Fuji Xerox to deploy accounts payable solutions across the Asia Pacific region, the companies announced on Wednesday (Feb. 13). Get the Full Story Complete the form to unlock this article and enjoy...