News

Mobile Commerce
Study Reveals Consumers’ Mobile Shopping Behaviors
April 25, 2019

Consumer dependence on smartphones is often derided as a distraction, but they have also become a vital mobile shopping and buying tool – whether in-store or from a living room sofa. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
CFPB Issues RFI For Remittance Rule At Urging Of CUNA
April 25, 2019

The Consumer Financial Protection Bureau (CFPB) announced Thursday (April 25) that it has issued a request for information on its remittance rule, which had faced calls by the Credit Union National Association for revision. Get the Full Story Complete the form to unlock this article...

Retail
With ‘Cryptokicks’ Application, Nike Signals It May Be Launching Its Own Currency
April 25, 2019

Footwear giant Nike has submitted an application to trademark the term “cryptokicks,” according to reports. 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,...

Security & Fraud
Chinese eCommerce Site Pinduoduo Pinged For Piracy, Counterfeiting
April 25, 2019

The U.S. Trade Representative’s Office (USTR) has placed Chinese eCommerce site Pinduoduo.com on a blacklist, along with other sites the organization says are involved in copyright infringement and counterfeiting, according to a report from Reuters. Get the Full Story Complete the form to unlock this...

B2B Payments
Vocalink Brings Real-Time Payments To Saudi Arabia
April 25, 2019

Vocalink is teaming up with Saudi Payments to launch real-time payments in Saudi Arabia, reports in Thomson Reuters Zawya said Thursday (April 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Ridesharing
Lyft Discounts Trips To Grocery Stores
April 25, 2019

Grocery stores are undergoing historic transformation thanks to digital technology, transforming from rather staid operations to places that feature the latest retail and delivery innovations. That’s all fine and dandy, assuming consumers are within easy reach of those grocery stores. Get the Full Story Complete...

Retail
CVS Partners With SmileDirectClub To Attract Customers, Straighten Teeth
April 25, 2019

Drugstore chain CVS has announced it will open hundreds of SmileDirectClub centers inside of its stores, with plans to eventually have them in upwards of 1,000 locations. The centers will be called SmileShops, and customers will be able to get a 3D scan of their...

Global Payments
PAUL UK Teams With Yoyo For Mobile App; Khalti Earns Payment Service Provider License
April 25, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Khalti receiving a “payment service provider” license in Nepal. The PAUL UK bakery chain has teamed up with Yoyo for a mobile payments app in Europe, Repay Holdings, LLC, along...

B2B Payments
Stripe Launches Billing Product In Europe
April 25, 2019

Payments company Stripe has announced that it is rolling out its billing product in Europe. 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...