News

Global Payments
Veem Brings Platform To Canada; Zeux Plans Token Listing For Digital Wallet
December 12, 2018

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...

Security & Fraud
FCA: UK Banks Face Cybersecurity Risks
December 12, 2018

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...

Retail
Coty And Building Beauty eCommerce For A Voice-Activated World
December 12, 2018

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...

Retail
Unattended Retail, Mobile Kiosk-Style
December 12, 2018

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....

Retail
How Five Retailers Are Catering To Smartphone Shoppers
December 12, 2018

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...

Retail
Drizly Notches $34.5M In Investments
December 12, 2018

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...

B2B Payments
How To Push For eB2B Payments When Vendors Don’t Want Them
December 12, 2018

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...

B2B Payments
Amex Touts Success In Ripple Cross-Border Payments Pilot
December 12, 2018

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...

B2B Payments
Corporations Stuck In The Planning Phase Of Supply Chain Digitization
December 12, 2018

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 —...