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Five At Five: Amazon’s Data Scandal

Amazon

Welcome to Five at Five, your late look at the day’s payments and commerce news. Coverage includes the latest on Amazon’s brewing data scandal, along with news about same-day ACH. UnionPay ups its game against Alipay and WeChat Pay, Uber faces defeat in Africa and Crate & Barrel wants to serve you food.

Amazon Investigates Claims That Employees Sell Data

Payments reportedly ranged from $80 to $2,000, with Amazon workers selling internal sales metrics and reviewers' email addresses.

NACHA Approves Expansion of Same-Day ACH

Just last week, NACHA revealed that ACH Network volume surpassed two billion transactions in August, an increase of more than 10 percent compared to the previous year. The value of the payments was $4.5 trillion, an increase of 12 percent compared to last year.

UnionPay to Roll Out Branded Card in the UK

With UnionPay facing increased competition in its home market from the likes of Alipay and WeChat Pay, it is setting its sights on expansion.

Taxify Beats Uber in Africa

The company has 2.4 million active users in six African countries including Uganda, South Africa, Nigeria, Tanzania, Kenya and Ghana.

Crate & Barrel Plans Full-Service Restaurant

The new restaurant isn’t slated to be open until the spring, but it has already been embroiled in a legal fight with RH, the former Restoration Hardware, which lodged a lawsuit against Crate & Barrel in January of last year contending it is stealing its ideas for a food and beverage concept.

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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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