Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest data about how Amazon impacts local hiring, and how Facebook wants to predict your next stop. PayPal faces a malware threat, Hertz embraces biometrics and...
A coffee startup in China that’s gunning for Starbucks has raised $200 million in a Series B funding round, bringing the company’s valuation to $2.2 billion, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Kathy Kraninger, the new head of the Consumer Financial Protection Bureau (CFPB), has said that she’ll prioritize the protection of consumers over regulatory issues, according to a report by the Chicago Tribune. Get the Full Story Complete the form to unlock this article and enjoy...
The number of merchants accepting card payments around the world grew by 13 percent in 2017, to 69.2 million, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
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...
