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Today In Payments Around The World: Red Dot Lands $200M For Tech Startups; Walmart Sells Retail Locations To Grupo de Narváez

PYMNTS

In today’s top payments news around the world, Red Dot Capital Partners has landed $200 million to invest in tech firms, Walmart announced it would sell its retail operations in Argentina to Grupo de Narváez. Plus, Amazon has opened three additional logistics hubs in Brazil. UK FinTech Startups Scrambling As No-Deal Brexit Looks Probable.

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New Report: Helping Retail Treasurers Navigate The Digital D2C Shift

PYMNTS

Consumers are unlikely to return to stores and business districts in the near future, nor can businesses simply rely on longstanding relationships with suppliers and retailers to keep production lines moving and shelves stocked. These trends have given rise to a D2C market that is expected to total $17.75 billion in 2020.

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Innovative Approaches To Retail And PCI Compliance

PYMNTS

Data: 2012: The year Home Depot started its Pro Xtra program. In consumer spending, Amazon and Walmart are pushing to capture the electronics portion of the U.S. consumer’s whole paycheck. And in payments innovation, tokenization and data vaulting take the sting out of payment card industry (PCI) compliance. All this, Today in Data.

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Why Does The Path To Retail Innovation Go Through So Many Labs?

PYMNTS

It’s not enough to be a retailer these days, not if a merchant intends to survive in a world of commerce dominated by the likes of Amazon and other tech-focused competitors. PYMNTS readers can be forgiven if they view innovation labs (no matter the label) as something that verges on retail fad. New Efforts.

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AliPay, WeChat Processed $3 Trillion in 2016

Bank Innovation

trillion in total payments through Alibaba’s Alipay service last year, compared to only $70 billion in 2012; Tencent’s WeChat users sent about $1.2 According to a new report released by the UN-based Better Than Cash Alliance, users sent $1.7 trillion in […].

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Can Visual Search Help Retailers Find New Sales?

PYMNTS

Voice-assisted retail has commanded most of the spotlight in recent months, a reasonable development given the sales of voice-enabled devices, especially during the 2018 holiday shopping season. Take one example from apparel retail (this one without any sweaters). Like so much else in digital retail, success comes down to data.

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Jessica Alba’s Honest Co. Files For IPO; Valuation Could Reach $2 Billion

PYMNTS

Honest was launched in 2012 and sells its products online and through 32,000 retail locations, according to the statement. In recent years, major retail players including Amazon , with its Earth + Eden diapers, and Walmart have entered into the business of selling high-end baby products.

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