News

Retail
Davidoff’s Digital Makeover Aims to Elevate the Luxury Cigar Brand’s Consumer Experience
August 28, 2024

Oettinger Davidoff AG, an independently owned, Swiss luxury goods company that specializes in tobacco products and accessories, recently updated its Davidoff of Geneva digital storefront to better showcase its commitment to quality and customer experience. This week that storefront design earned the company notable recognition. BigCommerce,...

Retail
Foot Locker’s Strategic Overhaul Shows Early Success in Q2
August 28, 2024

In a pivotal moment for Foot Locker, the company’s second-quarter results point to the early success of its ambitious Lace Up Plan, which comprises initiatives to enhance its digital business, store experience, loyalty programs and brand building. With a 2.6% increase in comparable sales, surpassing...

CFPB
CFPB Seeks Developers’ Comments on Apple’s Rules on Tap-to-Pay Access
August 28, 2024

The Consumer Financial Protection Bureau (CFPB) is seeking public comment on Apple’s recently announced rules governing how financial companies and app developers offer tap-to-pay functionality on its devices. “The CFPB is working to better understand further details about Apple’s announcement to determine whether it is a meaningful...

Payment Methods
Sephora Offers Paze Online Checkout to Loyalty Members
August 28, 2024

Early Warning Services has made its Paze online checkout available to Sephora’s loyalty program members. The checkout option — offered by participating banks and credit unions — is now available to members of Sephora’s Beauty Insider Loyalty program, Early Warning Services (EWS) said in a...

Cross-border Payments
Stripe’s Cross-Border Payments Volume in Asia Grows 30%
August 28, 2024

Stripe saw its cross-border payments volume in Asia increase by over 30% last year. The payments company offered the update as part of Stripe Tour Singapore, its annual product showcase for the region, according to a Wednesday (Aug. 28) press release. “Building on that momentum,...

B2B Payments
The Importance of Change Management in Unlocking B2B Payments Innovation
August 28, 2024

It may seem obvious: cumbersome B2B processes are bad, while streamlined workflows are good. But the reality of embracing digital transformation and automation across back office operations is a little more nuanced, and even challenging, than it may first seem. Still, with the news Tuesday...

eCommerce
Walmart Aims to Supercharge eCommerce Growth With Marketplace Push
August 28, 2024

Walmart’s eCommerce business has increased in the past few years, and now, to take that growth to the next level and better compete with rival Amazon, the retail giant is looking to grow its marketplace offerings. The company announced Tuesday (Aug. 27) a range of...

Investments
Paytm Gets India’s Blessing to Invest in Payment Services Unit
August 28, 2024

Paytm won approval from India’s finance ministry to invest in its payment services operation. The company announced the approval Wednesday (Aug. 28) in a disclosure posted to its website. Paytm has faced scrutiny this year after being ordered to close its payments bank in January....

Retail
Italian Luxury Fashion at a Discount: Italist’s US Expansion
August 28, 2024

Italist is tapping into the growing American enthusiasm for Italian luxury fashion with a strategic approach that blends seasonal discounts and curated selections. By expanding into the U.S. market, italist aims to capitalize on the demand for high-end Italian brands, offering a more accessible entry...