News

Global Payments
THE LIST Teams With BitBay Pay; Monese Rolls Out Apple Pay Support
February 05, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes U.A.E.-based THE LIST bringing crypto payments to its platform. Monese added support for Apple Pay for personal cards in the U.K. as well as France, Wirecard joined forces with...

Retail
Neiman Marcus Names Two Execs As It Builds Luxury Platform
February 05, 2019

Neiman Marcus Group announced Tuesday (Feb. 5) the appointment of two executives to lead its customer and store strategies. 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...

Investments
CoverHound Raises $58M For Expansion Of Insurance Platform
February 05, 2019

CoverHound, the online property and casualty insurance platform operator, announced Tuesday (Feb. 5) that it raised $58 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Walmart India Head Upbeat About eCommerce Prospects
February 05, 2019

Walmart India President and CEO Krish Iyer expects the eCommerce market in India to explode during the next decade. 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
Milk Makeup On Building Buzz With Ethical Beauty
February 05, 2019

Before going global it is not uncommon for brands of all kinds — and particularly beauty brands, in the age of the Instagram influencer — to try to build up a bit of buzz abroad before leaving the safe confines of their home market. Get...

Retail
Target Turns To eCommerce Merchants For A Millennial Edge
February 05, 2019

Brick-and-mortar retailers are bringing direct-to-consumer (D2C) brands into their stores to reach younger consumers who don’t want to use the same brands as their parents, with Target selecting women’s body care brand Flamingo to include in its product lineup. The move comes as the retailer...

Retail
Are Smartphone Payments Physical Retail’s Lifeline?
February 05, 2019

With consumers tethered to their smartphones, the relationship between shoppers and physical stores is evolving as a retailer’s “face” is becoming its website and mobile apps instead of its storefront. And, from a payments perspective, consumers are using these devices to pay for items inside...

Retail
US Online Grocery Spend Peaks At 3 Pct
February 05, 2019

Although retailers such as Kroger, Walmart and Amazon are working on grocery delivery solutions, only 3 percent of today’s grocery spend in the U.S. occurs through eCommerce. In South Korea and the U.K., by comparison, the penetration of eCommerce in grocery shopping has reached 15...

Banking
Deep Dive: Fighting Fraud At The Genetic Level
February 05, 2019

To fight fraud effectively, financial institutions need to clearly understand it, right down to its DNA. The Digital Banking Tracker's includes a Deep Dive on how banks can use a genetic mapping model as a fraud-fighting strategy.