Welcome to The Axis, your late look at payments news from around the world. Coverage includes global payment firm Veem introducing its payments platform to Canada. In addition, United Kingdom-based Zeux plans to list a digital token to its wallet that can be used for mobile...
The Financial Conduct Authority (FCA), the U.K. watchdog, released the findings of a study Wednesday (Dec. 12) showing that boards and management committees at companies don’t have an understanding of the cyber risks that pose a threat to their organizations. Get the Full Story Complete...
Coty is not quite a household name — though the cosmetic, skincare, fragrance and hair color products it makes and distributes through the 77 beauty brands it owns are well known all over the world. All in, the business brings in about $9 billion in...
With the opening of Amazon Go in Seattle in January, Amazon arguably popularized the cashierless store concept. Since then, the eCommerce retailer has brought the store to other locations in the city and Chicago as well as one location on the way in Lower Manhattan....
Consumers are tethered to their smartphones, and their affinity for connected devices extends into commerce – they are using these tools when they go shopping, even as they peruse the aisles of their local brick-and-mortar stores. Get the Full Story Complete the form to unlock...
In a new round of funding, online alcohol delivery service Drizly reportedly notched $34.5 million in investments per a U.S. Securities and Exchange Commission (SEC) filing. The company has already raised $33 million, according to reports. Get the Full Story Complete the form to unlock this...
In the constant fight against paper, service providers have been tackling the paper check in B2B payments for several years, with minimal success. There is evidence that change is happening, though, albeit slowly. Get the Full Story Complete the form to unlock this article and...
In a renewed show of support for blockchain technology, American Express General Manager of Corporate Payments Carlos Carriedo has suggested that its pilot tests with partner Ripple to enable real-time cross-border corporate payments have been a success. Reports in Invest In Blockchain on Tuesday (Dec. 11) said...
The enterprise may understand the importance and value of digitizing their supply chains, but understanding it and executing it are two very different things. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...