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PYMNTS.com 08/22/2019 03:25
A senior Amazon executive believes India needs to do more to encourage eCommerce in the country. Amazon’s India head Amit Agarwal told Reuters that if the country were to reduce red tape, it would help small businesses sell online and export more goods to help boost India’s economic growth. “There is so much opportunity to […]
PYMNTS.com 08/21/2019 21:04
The Linux Foundation has announced that it will be forming a consortium dedicated to boosting the adoption of confidential computing. Companies including Alibaba, Arm, Baidu, Google Cloud, IBM, Intel, Microsoft, Red Hat, Swisscom and Tencent will join forces on the Confidential Computing Consortium to collaborate on open source technologies and standards that aim to accelerate […]
PYMNTS.com 08/21/2019 20:14
Deutsche Post DHL has stopped making Amazon Fresh deliveries in Germany due to low demand. A spokeswoman confirmed to Reuters that DHL was ending its partnership with Amazon Fresh, but she assured that the rest of its business with the eCommerce giant would not be impacted by the move. “The market for online ordered fresh […]
PYMNTS.com 08/21/2019 18:03
Chinese eCommerce giant Alibaba is shelving an approximate $15 billion listing in Hong Kong due to growing political unrest, sources told Reuters on Wednesday (Aug. 21). Alibaba’s Hong Kong plans are being eyed by the financial community as a litmus test for the Chinese-controlled business environment. Although there isn’t a new plan in place, Alibaba […]
PYMNTS.com 08/21/2019 15:13
To counter criticism of its independent contractor procedures, Instacart announced a series of new benefits for its contract shoppers, VentureBeat reported on Wednesday (Aug. 21). The San Francisco-based grocery delivery startup said it is offering new benefits to contractors starting Sept. 3 that include wellness resources, student loan repayment programs, workplace injury coverage and access to Care.com’s […]
PYMNTS.com 08/21/2019 15:06
A recent PayID data breach reported to Australia’s New Payments Platform (NPP) has prompted banks to issue warnings to customers, FinTech Extra reported on Wednesday (Aug. 21). Aussie financial institutions started sending breach notifications after an undisclosed number of PayID records were exposed in the country’s real-time NPP on Friday (Aug. 16). The hack originated […]
PYMNTS.com 08/21/2019 13:21
Ride-hailing service Bolt, which used to be called Taxify and is an Uber competitor, has started delivering food in Estonia, where the company originated, according to a report by Bloomberg. The company also said it was planning on launching a similar service in other countries in Europe and in Africa. In Estonia, Bolt Food will deliver […]
PYMNTS.com 08/21/2019 13:07
JPMorgan has discontinued its Chase Pay app that allowed users to pay with their smartphones in stores, according to a report by Bloomberg. The app will stop working in the early part of next year, but users will still be able to use Chase Pay on websites and in the apps of participating retailers. The […]
PYMNTS.com 08/21/2019 11:48
Amazon opened its biggest campus in the world on Wednesday (Aug 21) in Hyderabad, India, according to a report by Reuters. The move illustrates Amazon’s aggressive push to expand in the country, despite stiff competition from companies like Walmart, and stringent regulations in the country regarding foreign eCommerce sites. Amazon was going to build a […]
PYMNTS.com 08/21/2019 11:21
While Garmin has been expanding music support on sport watches, it is now reportedly the first wearable company to launch support for Amazon Music. Subscribers of Amazon Prime can now listen to music on their sports watches without an additional fee, ZDNet reported. “As the first wearable company to offer Amazon Music, we are excited […]
PYMNTS.com 08/21/2019 11:18
In the case of a no-deal Brexit, an “explosion” in grey market goods could occur per a U.K. retail expert. The term “grey market” references legitimate items sold through legal but unauthorized sellers; by contrast, a “black market” describes counterfeit products or illegally traded scarce goods, CNBC reported. Companies prefer to sell items via authorized […]
PYMNTS.com 08/21/2019 11:02
Retailers are looking to do more in smaller spaces, a trend that seems ready to increase during the holiday shopping season and beyond. Among the latest examples of that comes from kids’ eyewear retailer Fitz Frames, which offers face measurements via its mobile app, and a subscription commerce plan for consumers. Fitz Frames is striving […]
PYMNTS.com 08/21/2019 11:00
To provide a convenient way for consumers to tackle lawn care, direct-to-consumer (DTC) brands are offering subscription solutions that can be customized to individual properties. Take Sunday, which delivers a tailored nutrient plan to customers. As Founder Coulter Lewis told PYMNTS in an interview, the company uses data on specific properties to enable customers “to […]

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