UPS Caps Deliveries From Gap, Nike, Other Big Retailers
UPS Caps Deliveries From Gap, Nike, Other Big Retailers
December 02, 2020  |  Delivery

United Parcel Service (UPS) is limiting shipping volume for big retailers like Nike and Gap as a means of keeping up with eCommerce delivery demands,...

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FedEx Makes Major Foray Into eCommerce By Buying ShopRunner
FedEx Makes Major Foray Into eCommerce By Buying ShopRunner
December 02, 2020  |  Partnerships / Acquisitions

FedEx took a big step on Wednesday (Dec. 2) toward beefing up its eCommerce capabilities, announcing a deal to acquire eCommerce platform ShopRunner for an...

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Today In Payments: SWIFT gpi Instant Goes Live In The UK; UK Revolut Customers Get Access To Early Payday Option
Today In Payments: SWIFT gpi Instant Goes Live In The UK; UK Revolut Customers Get...
December 02, 2020  |  News

In today’s top news, SWIFT launched gpi instant for real-time cross border payments, and Revolut introduced an early payday option for U.K. users. Plus, Cyber...

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CardUp Eases Supplier Card Acceptance With Hong Kong Launch
CardUp Eases Supplier Card Acceptance With Hong Kong Launch
December 02, 2020  |  Payment Methods

Hong Kong businesses now have a way to pay suppliers around the world using credit cards – even if the payees don’t normally accept them...

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Cloud-Based Platform Gives Shape (And Wheels) To German Data-Sharing Alliance
Cloud-Based Platform Gives Shape (And Wheels) To German Data-Sharing Alliance
December 02, 2020  |  Data

Data can be a competitive tool, on a global scale. To that end, a data-sharing alliance is taking shape in Europe focused on the auto industry....

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Unicorn FinTech PingPong Lands eMoney License  
Unicorn FinTech PingPong Lands eMoney License  
December 02, 2020  |  Digital-First Banking

Luxembourg regulators have given a thumbs-up to the FinTech PingPong, authorizing it to do business as an Electronic Money Institution (EMI). The new license will...

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Today In Digital-First Banking: Revolut Clients Get Access To Early Payday Feature; SWIFT gpi Instant Goes Online In UK
Today In Digital-First Banking: Revolut Clients Get Access To Early Payday Feature; SWIFT gpi Instant...
December 02, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, Revolut is introducing a new function in the U.K. that will offer access to direct deposits a day...

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Ant Group Reportedly Eyes Sale Of 30 Pct Stake In India’s Paytm
Ant Group Reportedly Eyes Sale Of 30 Pct Stake In India’s Paytm
December 02, 2020  |  International

China’s Ant Group, which owns the widely used Alipay payments app, is looking at selling its 30 percent stake in India’s Paytm as friction between...

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7-Eleven Launches Digital Wallet Customers Can Load Up Using Cash 
7-Eleven Launches Digital Wallet Customers Can Load Up Using Cash 
December 02, 2020  |  Mobile Wallets

Convenience store chain 7‑Eleven has launched the new 7-Eleven Wallet, which will allow customers to put cash into the 7-Eleven app and pay for items right from...

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