News

Five At Five: Amazon’s New India Push
September 05, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes details of Amazon’s new plans for India, along with a potential threat to JD.com. There is a new development from the world of real estate payments, and...

Delivery
Walmart Tests Crowdsourced Delivery Platform
September 05, 2018

Walmart announced Wednesday (Sept. 5) that it is testing a new last-mile delivery service dubbed Spark Delivery, which is a crowd-sourced delivery platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Alipay To Collaborate With More Japanese Merchants
September 05, 2018

Alipay, the mobile and online payment platform operated by Ant Financial Services, announced on Wednesday (Sept. 5) that it will collaborate with a wider range of local Japanese partners to build a cashless environment for tourists coming to Japan, in particular for the Tokyo Olympic...

Bitcoin
In China, Bitmain Looks Toward $1B In Funding Amid Crypto Slide
September 05, 2018

The headlines swirl around China and cryptos and a crackdown on trading, and even discussing them on social media. 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...

Global Payments
UMB Financial Teams Up With Fraedom And Yandex.Checkout Launches Charity Option
September 05, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes UMB Financial Corporation’s tie-up with U.K.-based Fraedom. In addition, Russia’s Yandex.Checkout is allowing customers to make donations by rounding up their purchases and TransferGo is rolling out money transfers...

Retail
2017 Holiday Shopping Mostly Took Place In Stores
September 05, 2018

It was a good holiday season for online retailers in 2017 — particularly Amazon. According to Gartner, online retail sales rose 14.7 percent year-over-year during the 2017 holiday season to $108 billion. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Zara’s Owner, Inditex, Pushes Digital Expansion
September 05, 2018

Zara’s owner, and the world’s largest clothing retailer, Inditex, has announced that it will sell products from all of its brands on the web. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Chocolate Gets A Digital Upgrade
September 05, 2018

There’s an old joke that a Hershey’s executive uses to illustrate the problem his company – like other consumer packaged goods firms – is suffering in the era of digitization. In a word: invisibility. Get the Full Story Complete the form to unlock this article...

Retail
How Tiffany & Co. Is Bringing Breakfast To Its Reimagined Retail Experience
September 05, 2018

In the 1961 movie “Breakfast At Tiffany’s,” Audrey Hepburn enjoyed a breakfast of a croissant and coffee while window shopping outside of the legendary store. It wouldn’t be until years later, however, that anyone, movie star or not, could actually purchase breakfast inside the store....