News

Partnerships / Acquisitions
Shopping App Spring Acquired By Compass, ShopRunner
October 25, 2018

Shopping app Spring has been acquired by two companies: real estate startup Compass and Alibaba-backed shopping app ShopRunner. According to TechCrunch, Compass is taking an undisclosed element of the business, as well as key staff including Spring CTO Satwik Seshasai, Director of Engineering Jim Grandpre,...

News
Five At Five: Facebook Makes Its Augmented Reality Move
October 25, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes a big Facebook tech move, and a pending rules change for big banks in the U.S. Walmart and Amazon expand their retail and fulfillment options, and there...

Retail
Apple Gearing Up To Open Second Southeast Asia Store In Thailand
October 25, 2018

Apple is expanding its presence in Southeast Asia, choosing Thailand as the home for its second Apple Store in Southeast Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Partnerships / Acquisitions
PayActiv And Walmart Team Up To Provide Workers With Access To Wages
October 25, 2018

PayActiv, the provider of employment-based holistic financial wellness services, announced Thursday (October 25) a deal with Walmart in which PayActiv employees can access earned cash wages. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Nest Rival tado° Raises $50M From Amazon, Others
October 25, 2018

Munich-based tado°, the intelligent home climate management company, announced on Thursday (Oct. 25) that it has landed a $50 million investment from investors, including Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Facebook Hit With Fine From UK’s Information Commission Over Data Handling
October 25, 2018

Facebook got hit with a $644,600 fine in the U.K. after the Information Commissioner’s Office (ICO) ruled that the social media network operator was engaged in “serious breaches of data protection.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
How thredUP Is Hoping To Kick Off An Upcycling Trend
October 25, 2018

Apparel, as an industry, is not terribly good for the environment. 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 Today. By completing...

Retail
How AI Is Helping Hotel Apps Get Onto Travelers’ Radar Screens
October 25, 2018

With the help of travel experts, hotels can tap into a new channel to drive online bookings: Travelers can be inspired to book a reservation after seeing a photo or recommendation from a knowledgeable explorer. In that spirit, SIX Travel provides explorers with a curated...

Retail
How Retailers Are Riding The Smart Speaker, Voice Ordering Wave
October 25, 2018

To help consumers order and pay for the items they love, retailers are turning to technology that provides shoppers an alternative to visiting a store or tapping through a mobile app. That is, retailers are turning to the world of voice-enabled commerce. A diverse group...