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Five At Five: Facebook Makes Its Augmented Reality Move

Five at Five: Payments News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes a big Facebook tech move, and a pending rules change for big banks in the U.S. Walmart and Amazon expand their retail and fulfillment options, and there is a new credit score feature for small businesses.

Facebook Developing AR Glasses

Releasing AR headsets would put the social media giant in direct competition with AR startups like Magic Leap and Thalmic Labs — to say nothing of Microsoft.

Fed Mulls Big Bank Rules Change on Oct. 31

The central bank’s board will meet on Oct. 31 to consider a proposal to implement several provisions of the rewrite of the 2010 Dodd-Frank Act.

Walmart Canada Launches Mobile Pickup in 22 More Stores

Through the service, shoppers place their online grocery orders via Walmart.ca/Grocery or the Walmart mobile app and pick them up on the same day at their selected store.

Amazon Grocery Delivery Now in More Than 60 Cities

In order to use the service, Prime members place their order via the Prime Now app and choose the pickup option at checkout.

Nav, Clover Pair to Bring Small Firms Their Credit Scores

Nav will link small businesses that use the Clover POS system to business credit score information, as well as access to business financing and credit card tools.

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NEW PYMNTS DATA: HOW WE SHOP – SEPTEMBER 2020 

The How We Shop Report, a PYMNTS collaboration with PayPal, aims to understand how consumers of all ages and incomes are shifting to shopping and paying online in the midst of the COVID-19 pandemic. Our research builds on a series of studies conducted since March, surveying more than 16,000 consumers on how their shopping habits and payments preferences are changing as the crisis continues. This report focuses on our latest survey of 2,163 respondents and examines how their increased appetite for online commerce and digital touchless methods, such as QR codes, contactless cards and digital wallets, is poised to shape the post-pandemic economy.

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