News

Partnerships / Acquisitions
Russian eCommerce Giant, MegaFon, Alibaba Team For New Venture
June 05, 2019

Russian eCommerce giant Mail.ru, mobile company MegaFon and Alibaba have announced a joint partnership for a new venture called AliExpress Russia JV, according to reports. The new operation will cater to Russia and the surrounding countries of the Commonwealth of Independent States (CIS). It’s estimated to...

Security & Fraud
iPhone Scam Reveals How Digital Criminals Find Vulnerabilities
June 05, 2019

Think of the Apple iPhone, and thoughts are likely to turn to matters involving social media, selfies, family photos, mobile commerce and even payments. But news this week from the police beat reminds us not only that the iPhone remains a juicy target for thieves,...

Security & Fraud
Feds Investigate QuadrigaCX’s $195M Crypto Mystery
June 05, 2019

The case of the curious crypto exchange, and its quick collapse, deepens. 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. By...

Partnerships / Acquisitions
Grow Mobility Merges With Payment Startup Flinto
June 05, 2019

Grow Mobility, the company that operates electric scooter and bikesharing startups Grin and Yellow, is merging with Flinto, the payments startup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
LabCorp Says 7.7M Customers May Have Been Impacted By AMCA Breach
June 05, 2019

LabCorp, the medical testing company, disclosed Wednesday (June 5) that 7.7 million customers may have been impacted by the data breach that affected Quest Diagnostics customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Walmart Expands $1 A Day Degree Program
June 05, 2019

Walmart has announced it will be bulking up the program by which it allows full-time and part-time employees to access a college degree for $1 a day — by adding more eligible degrees, college partners and a new path for high school students to its...

Retail
Finding A New Way To Sell Flower Bouquets
June 05, 2019

Getting a foothold in the flower business is not easy for any entrepreneur. The $60-billion-a-year industry is dominated by a few incredibly well-known incumbents, most notably Teleflora, 1-800 Flowers and FTD, the biggest player in the game for more than 100 years. Get the Full Story Complete the...

Retail
IKEA Partners With Ori On Robotic Furniture
June 05, 2019

The era of robotic furniture is upon us, or it will be in 2020, if IKEA’s partnership with Ori to bring robotic furniture to the market pans out as planned. Hong Kong and Japan’s tiny apartment spaces will be the first intended targets for pieces...

Retail
Retailers Make Bigger Moves Into Experiential Digital Advertising
June 05, 2019

It’s not enough to just be a retailer these days, it seems. Digital ads are also part of the process — at least that’s the story coming from recent developments involving major merchants. Get the Full Story Complete the form to unlock this article and...