News

Retail
Why Corona’s Parent Company Is Investing In Cannabis
August 15, 2018

Constellation Brands is not a household name, but the intoxicants it stands behind sure are — Robert Mondavi wine, Corona beer and Svedka vodka are all under the brand. These days, all three are facing a new competitor: cannabis. Get the Full Story Complete the...

Alternative Finances
CashCall, Courts And California’s Increasingly Confusing Lending Market
August 15, 2018

Headquartered in Orange County, California and founded in 2003, CashCall is a big firm that consumers likely know best from its early commercials featuring the late Gary Coleman. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

News
Five At Five: Faster EMV Comes To The US
August 15, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes news about faster chip card transactions, along with brightening prospects for retail and technology in the U.S. Also, Lowe’s has made a payments move, and both bitcoin...

Partnerships / Acquisitions
Coinbase Acquires Distributed Systems To Work On Identity Solutions
August 15, 2018

Coinbase, the cryptocurrency exchange operator, announced Wednesday (Aug. 15) that it has acquired Distributed Systems, a company that has been working on decentralized identity solutions. In a blog post, the company said the Distributed Systems team is working with Coinbase to find new and innovative...

Payment Methods
Square Makes EMV Transactions Faster In The US
August 15, 2018

Square, the digital payments company, announced on Wednesday (Aug. 15) that it delivered on its pledge to make EMV transactions faster in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Global Payments
Ripple Eyes China’s Cross-Border Payments Market
August 15, 2018

Ripple is eyeing the Chinese market, aiming to use blockchain technology to quicken cross-border payments. According to a report in CNBC, citing Jeremy Light, vice president of European Union (EU) strategic accounts at Ripple, the China market is a target for the company. Get the...

International
Visa, Mastercard Replaced By MIR In Crimean Peninsula
August 15, 2018

Visa and Mastercard have been replaced on Russia‘s Crimean peninsula, as its largest bank has completed the process of switching all credit cards to Russia’s MIR payment system. According to a report in RT, citing the Crimean bank, the process was completed on Tuesday (Aug. 14.)...

Global Payments
Remitly Updates Money Transfer Service; Paysafe Plans Rebrand For iPayment
August 15, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Remitly’s updates to its remittance service for sending funds to India. In addition, Japan’s Nippon Biodiesel Fuel plans to roll out an eMoney platform for farmers in Asia, and the U.K.’s...

Retail
How The Toy Industry Is Growing Around The World
August 15, 2018

Sales of toys around the world are on the move: The NPD Group found that toy industry sales topped $18.4 billion for the first half of the year, marking an increase of 4 percent from 2017. In terms of regions, Mexico saw the most toy industry...