February, 2019

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Walmart And Amazon Up Their Private Label Retail Game

PYMNTS

But the growing use of those brands to attract sales is also leading to more focus on potential challenges for online, private label retail over the next few years. Private brands, of course, are hardly new, and their use in retail predates the birth of eCommerce. Some brands, like Solimo , are in use by Amazon globally,” TJI said.

Retail 158
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Visa: EMV Cuts Card-Present Counterfeit Fraud By 80 Pct

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In other Visa news, the company recently announced a partnership in Japan with LINE Pay Corporation, operator of the popular payment app LINE Pay. The LINE Pay-Visa co-branded credit card will also offer exclusive rewards, including the LINE Points program. About 98 percent of overall U.S.

Fraud 251
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Amazon Launches Live Streaming Video Shopping Service

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Amazon has launched a brand new video streaming service called Amazon Live , according to reports. The service features live shows from Amazon’s talent pool and also from brands through an app called the Amazon Live Creator. Shows on the service operate much like QVC does, with hosts talking about and demonstrating Amazon products.

Video 166
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JD.com, Farfetch To Offer Luxury Shopping Experience In China

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Also, Farfetch will get a “Level 1” entry point on the JD app, giving the 300 million JD customers access to upwards of 1,000 luxury brands and boutiques. We are delighted to build on our relationship with JD.com, and bring to market an unrivaled solution for luxury brands to succeed in the Chinese market.

Branding 123
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Walmart’s Allswell Goes On Tour; Target To Expand Debut Of New Loyalty Program

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Startups in the eCommerce space have long enabled their customers to experience their products in real life (“IRL”) through temporary retail shops, and now, digitally-focused brands belonging to major retailers are taking a similar approach. The four-room house, which is a mere 238 square feet, was built for the brand by Modern Tiny Living.

Charlotte 135
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Western Union Digs Into Its Digital, Powered-By Platform Future

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We feel confident about our operations and business. In 2019, we will continue to execute our strategy to deliver strong digital expansion, offer our cross-border platform to new payments areas and generate additional operating efficiencies,” Ersek said. “In 2018, we made important strategic progress.

Branding 164
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CoverHound Raises $58M For Expansion Of Insurance Platform

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CoverHound, the online property and casualty insurance platform operator, announced Tuesday (Feb. It also plans to earmark some of the funding to support new branded partnerships with banks, insurance companies and tech firms it is rolling out this year. 5) that it raised $58 million in venture funding.