News

Regulation
No Pain, No Gain? GDPR, PSD2 And The New Payments Reality
January 22, 2019

Last year brought the General Data Protection Regulation (GDPR) deadline, Europe’s attempt to boost online privacy and security for consumers — a law that just resulted in a $57 million fine against Google, which was accused of not doing enough to gain the consent of users...

Merchant Innovation
Can Smart Carts Make Grocery Stores Smarter?
January 22, 2019

The shopping cart has been a part of the grocery store checkout experience for nearly 152 years. It’s first use is attributed to a Midwest grocer, Humpty Dumpty. Its owner wanted a solution that allowed shoppers to move more groceries around the store easily, so...

Amazon Profile
DTC Brands Tell Amazon Thanks, But No Thanks
January 21, 2019

Amazon has been heavily courting some direct-to-consumer (DTC) brands – inviting them to its headquarters, paying for dinner and letting them fill their carts with gear from Amazon Go shops. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
The Changing Trends As Davos Gets Off The Ground
January 21, 2019

As the World Economic Forum is getting off the ground in the Swiss ski resort town of Davos this week, much will be the same as in previous years, including, reports say, the “usual itinerary of glittering Champagne receptions and marquee-name panelists.” Get the Full Story...

Mobile Payments
Alipay Latest To Ride eMoney License Trend
January 21, 2019

Alipay’s latest expansion — this time, to Luxembourg — shows not only the increasing reach of the China-based mobile payments ecosystem, but also stands as the latest example of companies in payments and FinTech gaining licenses to operate in Europe. There, PSD2 was designed to...

Regulation
EU Antitrust Reg Margrethe Vestager Plans Big Tech Policy Report
January 21, 2019

Margrethe Vestager, the European Union’s top antitrust cop, is coming to the end of her term as antitrust enforcer, but not before she plans to release a report laying out a long-term plan to police the world’s largest tech companies. Get the Full Story Complete...

Investments
Companies Mull IPOs Without SEC Approval
January 21, 2019

Companies that want to go public during the first part of the year are hampered by a key roadblock: The month-long government shutdown has also shuttered the Securities and Exchange Commission (SEC), which usually works with companies for months before approving an IPO. Get the...

International
Alipay: Chinese Tourists Prefer Mobile Payments
January 21, 2019

Nielsen, a global information and measurement company, and financial services company Alipay teamed up to create a survey about the trends and habits of Chinese tourists. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
Google Hit With $57M GDPR Fine
January 21, 2019

Alphabet Inc.’s Google was hit with a $57 million fine Monday (Jan. 21) by a French regulator, in what the Wall Street Journal reported is the largest penalty under the new European General Data Protection Regulation (GDPR) privacy law. Get the Full Story Complete the form...