News

Payment Methods
Gaming Accounts For $12B In PayPal’s Payment Volume Worldwide
May 30, 2018

Online games and eSports are becoming an important segment for payment providers: Gaming now accounts for more than $12 billion of PayPal’s total payment volume worldwide, for example. That figure marks an increase of more than 23 percent year over year in 2017, PayPal reported...

News
Five At Five: Walmart’s Plans For Drones And Inventory
May 30, 2018

Welcome to Five at Five, your late look at payments and commerce news that you might have missed. Today we take a look at what Walmart wants to do about drones and inventory tracking, and how the job market looked this spring. Acorns has an...

Partnerships / Acquisitions
Bpost Inks Cross-Border Delivery Deal With DHL
May 30, 2018

Belgian Post Group (Bpost), the Belgian postal operator, announced Wednesday (May 30) that it is joining forces with DHL to provide eCommerce deliveries in the region of Benelux. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Tradeshift Raises $250M, Gets $1.1B Valuation
May 30, 2018

Tradeshift, the supply chain payments, and marketplaces company announced Wednesday (May 30) that it is raising $250 million in a Series E funding round led by Goldman Sachs and Public Sector Pension Investment Board (PSP Investments). Get the Full Story Complete the form to unlock...

Comcast And Fandango Enable Movie Ticket Buying Via Set-Top Box
May 30, 2018

Comcast’s Xfinity unit and Fandango announced Wednesday (May 30) that they are giving movie fans the ability to find local show times and movie tickets via their television, thanks to an integration between the two. In a press release, Comcast said that with Universal Pictures...

Retail
ADP Reports 178,000 New Jobs Added From April To May
May 30, 2018

Private sector employment jumped by 178,000 jobs from April to May, according to the May ADP National Employment Report. In a press release announcing the results of the data, ADP said that the labor market is tightening. Get the Full Story Complete the form to...

Partnerships / Acquisitions
Ant Financial Adds Third Bank Partner This Month
May 30, 2018

Ant Financial continues its bank partnership streak, signing a strategic cooperation agreement today (May 30) with Shanghai Pudong Development Bank (SPD Bank). That is Ant’s third bank partnership this month, following deals with Huaxia Bank and China Everbright Bank (CEB) earlier in May. Get the...

Retail
Why Toys Aren’t Necessarily Only For Tots
May 30, 2018

At the turn of the last century, very few Americans over the age of 65 lived alone — only about 9 percent. Families were far more likely to live in multi-generational households, and elderly family members were a standard part of most domestic living arrangements. Get...

Retail
Beauty Retailers Bring In ‘Magic Mirrors’ To Help Make Stores A Destination
May 30, 2018

In an effort to attract consumers who might be tempted to buy beauty products through eCommerce channels, Saks Fifth Avenue is turning to technology to draw buyers into its brick-and-mortar stores. For example, shoppers can use “magic mirrors” to virtually try on products, USA Today...