News

Security & Fraud
Ant Financial Denies Stealing Equifax IP
September 13, 2018

Ant Financial, the payment affiliate of Alibaba, pushed back on a Wall Street Journal report that alleged the company used Equifax intellectual property to create its credit rating product. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
F-Secure Researchers Find Security Weakness In All Modern PCs
September 13, 2018

F-Secure, the security firm, announced Thursday (Sept. 13) that consultants for the company have found a weakness in all modern computers that hackers could use to steal encryption keys and other data. Get the Full Story Complete the form to unlock this article and enjoy...

Global Payments
OP Financial Pilots Facial Recognition Tech; DOCOMO Digital Partners With Vodacom In Tanzania
September 13, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Finland-based OP Financial Group’s facial recognition payments pilot. In addition, DOCOMO Digital is teaming up with Vodacom in Tanzania for payments through carrier billing, and MC Payments has unveiled a soft...

Global Payments
ECB Official Challenges FinTech Firms On Payment Services Inroads
September 13, 2018

Might Europe strive more and more for financial independence in the payments services space? 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...

Retail
Walmart Sells Milk Chocolate ‘Bitcoins’
September 13, 2018

In a sweet twist to digital currency, Walmart is offering bitcoins made of chocolate. The treat, which is manufactured by Frankford Candy, is 1.42 ounces of milk chocolate, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Growing A Meal Kit Service With A Distributed Farming Network
September 13, 2018

As a backyard gardener and entrepreneur, Yogesh Sharma was struck by a thought: Why is more food not grown locally? After moving to Austin, Texas, Sharma noticed the area had big yards and discovered that the region has rich soil that was fantastic for growing food...

Retail
Zara’s Parent Company Shares Positive Outlook As It Prepares For Online Expansion
September 13, 2018

Zara’s parent company, Inditex SA, said it would continue its plan to expand online as it reported positive first-half results. 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...

Retail
Digital Marketplaces Draw Gig Economy Workers Across Verticals
September 13, 2018

The gig economy is a formidable source of employment – and it’s not full of just Uber and Lyft drivers. There are gig workers in all sorts of verticals, from arts and design to repair and installation. Some workers assemble furniture for their clients, while...

Retail
Macy’s Is Hiring 80,000 Employees For The Holidays
September 13, 2018

Macy’s announced it is hiring 80,000 temporary workers for the holiday season, as well as adding more employees to handle online orders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...