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Top Payments News: Visa Makes Olympic Move; Siri Comes To Walmart; Nike Leaves Amazon

Top PaymentS News

Amazon is losing a major sneaker brand — could this be a sign of more to come? Meanwhile, Apple cozies up to Walmart and Facebook again tries to improve its payments game.

 

Team Visa Reveals Olympic, Paralympic Roster

Visa has announced its roster of athletes for the Tokyo 2020 Olympic and Paralympic games, the company said in a press release. Team Visa’s 70-plus athletes represent 43 countries across more than 30 sports, and include the new additions of surfing, skateboarding and sport climbing.

Apple Users Can Now Use Siri to Order from Walmart

Walmart announced that it is introducing Walmart voice ordering to Siri, so Apple users will now be able to add items to their Walmart grocery lists and order them using just their voices.

Facebook Launches ‘Facebook Pay’ for Cross-App Payments

Users of Facebook Pay, which the company said is not related to its proposed cryptocurrency Libra, will be able to enter a preferred payment method and then use the option to eventually pay throughout all of the related apps.

Nike to Pull Product Listings from Amazon

The sneaker and sports apparel company said it will forge new retail partnerships and concentrate on its direct business. For many years, Nike opted out of an Amazon partnership due to concerns that it would weaken the brand. It was also upset about the many unauthorized sellers on Amazon, sources told the WSJ.

Behind Regions Bank’s AI-Powered Digital-First Push

In the face of growing competition, banks around the world are working hard to become the first choice of today’s customers. Recent PYMNTS research indicates that 34.8 percent of banking customers would be interested in switching their financial institutions (FIs) if their branch experiences do not match their digital banking experiences.

FIS: The POS as the Last (and Perhaps Best) Stop to Cement Customer Loyalty

In an interview with PYMNTS, Mladen Vladic, general manager of loyalty solutions at Fidelity National Information Services (FIS), said bridging the gap between a satisfied customer and a loyal one is a matter of urgency for firms across all verticals, but especially for retailers.

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Latest Insights:

Our data and analytics team has developed a number of creative methodologies and frameworks that measure and benchmark the innovation that’s reshaping the payments and commerce ecosystem. In the December 2019 Mobile Card App Adoption Study, PYMNTS surveyed 2,000 U.S. consumers for a reveal of the four most compelling features apps must have to engage users and drive greater adoption.

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