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Five At Five: eBay Takes Amazon To Court

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 the latest on a growing eBay-Amazon dispute, and a major expansion for Instacart. Hackers are poised to cause more blackouts thanks in part to retail technology, fresh data paints a dire picture for data security, and virtual reality gets a big boost in the commerce world.

eBay Sues Amazon for Allegedly Poaching Marketplace Sellers

eBay alleges that over the past several years, Amazon has “perpetrated a scheme to infiltrate and exploit eBay’s internal member email system.” eBay contends the scheme was employed by a slew of sales reps at Amazon.

Instacart Delivery Coming to Half of Sam’s Club Locations

By the end of this month, Instacart-powered delivery will be on offer at 50 percent of Sam’s Club locations.

Hackers Target IoT-Enabled Appliances to Spark Blackouts

Hackers are able to take control of washing machines, refrigerators, air conditioners and other connected devices to “manipulate the power demand in the grid,” which can then cause local power outages and large-scale blackouts.

First Data: 34 Percent of PII Has Been Compromised in 2018

Nearly one-fourth of consumers within each generation assume their personal information is safe unless notified of a breach.

Macy’s Partners With Marxent on Largest VR Rollout

It is expected that an additional 20 locations will be launched by January 2019, enabling customers to discover products and make informed buying decisions using the Macy’s VR furniture experience.

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WATCH LIVE: HOW WE SHOP – TUESDAY, NOVEMBER 10, 2020 – 12:00 PM (ET)

New forms of alternative credit and point-of-sale (POS) lending options like ‘buy now, pay later’ (BNPL) leverage the growing influence of payments choice on customer loyalty. Nearly 60 percent of consumers say such digital options now influence where and how they shop—especially touchless payments and robust, well-crafted ecommerce checkouts—so, merchants have a clear mandate: understand what has changed and adjust accordingly. Join PYMNTS CEO Karen Webster together with PayPal’s Greg Lisiewski, BigCommerce’s Mark Rosales, and Adore Me’s Camille Kress as they spotlight key findings from the new PYMNTS-PayPal study, “How We Shop” and map out faster, better pathways to a stronger recovery.

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