Five At Five: The ‘Amazon Effect’ And Hiring

Five at Five: Apple and Preventative Healthcare

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest data about how Amazon impacts local hiring, and how Facebook wants to predict your next stop. PayPal faces a malware threat, Hertz embraces biometrics and the Mobike has GDPR problems.

Morgan Stanley: ‘Amazon Effect’ Doesn’t Damper Local Hiring

In cities with multiple Amazon fulfillment centers, the analysis revealed that job creation was “well above the national average” and that the company has been “both a net job creator and a catalyst for stronger job growth.”

Facebook Files Patent for Tech That Can Predict Your Next Stop

In the patent application, Facebook lays out technology that could analyze the data of people in a user’s Facebook network as well as strangers to predict where a user will go next.

New Android Malware Can Steal Money from PayPal

According to a report, the malware, which is hiding as a battery optimization tool distributed via third-party app stores, “combines the capabilities of a remotely controlled banking Trojan with a novel misuse of Android accessibility services to target users of the official PayPal app.”

Hertz, CLEAR Partner to Speed up Car Rentals with Biometrics

Hertz and CLEAR said the goal is to get travelers through the exit gate and on the road in 30 seconds or less, which would be a time reduction of 75 percent or more.

Amid GDPR Probe, Mobike to Sell Europe Branch

The company is currently in 23 cities across Europe, including London, Paris, Madrid, Milan and Rotterdam.


New PYMNTS Report: The CFO’s Guide To Digitizing B2B Payments – August 2020 

The CFO’s Guide To Digitizing B2B Payments, a PYMNTS and Comdata collaboration, examines how companies are updating their AP approaches to protect their cash flows, support their vendors and enable their financial departments to operate remotely.