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Sneaker Sales Propel 3Q Surge In Under Armour Earnings

PYMNTS

Under Armour acquired the business for $475 million in 2015. The brand is also making moves to reel-in the number of brick-and-mortar locations that carry the Under Armour line. . The Asia-Pacific region saw a 15 percent jump in sales. The deal is valued at up to $345 million. percent, down 40 points compared to last year.

Baltimore 219
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Samsung Pay Launches Debit Card, Money Management

PYMNTS

Samsung introduced its payments tool in 2015 with MST (Magnetic Secure Transmission) technology as well as Near Field Communication (NFC), a newer technology. By early 2019, Samsung Pay’s international presence grew to six global regions. has seen slow adoption compared to other regions.

Samsung 230
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Thoughts from American Banker Retail Banking Conference 2015

Celent Banking

This last week the American Banker Retail Banking Conference 2015 was going on in Austin, TX. A recent study found that despite problems with megabank perception, 73% of those asked said a recognizable brand was important in choosing a financial institution. There were a couple of overarching themes throughout the event.

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How Auto Sales Are Driving New Retail Trends

PYMNTS

The app is a replacement for the previous eBay Motors app, which was discontinued in 2015, and it’s available in the U.S. The company has teamed up with Regions Bank to provide the possibility of virtual loans to consumers in Texas, the South and the Midwest. for both iOS and Android.

Trends 134
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Why L’Occitane Bought Elemis

PYMNTS

Earlier this week, Hong Kong-listed luxury cosmetics firm L’Occitane International SA announced its intended $900 million acquisition of British beauty and skincare brand Elemis. The deal is the latest in a spate of acquisitions of high-end skincare brands. billion), while Unilever snapped up Carver Korea Co. billion euros ($2.5

Branding 123
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LINE Pay Taiwan Forms Alliance For Cross-Border Payments

PYMNTS

have formed a collaboration with four major international payment brands to facilitate cross-border payments, the companies said in a release. LINE Pay Taiwan and iPASS Corp. The six payment services involved are LINE Pay Taiwan, iPASS Corporation, LINE Pay Japan, Rabbit LINE Pay, Naver Pay and NHN PAYCO. “By

Payments 131
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Global 4G Smartphone Shipments Surpass 1 Billion

PYMNTS

percent growth in 2015. We are quickly seeing this change in key growth markets like India where new operator Reliance Jio is aggressively trying to shake up the market by handing out free 4G SIM cards and launching own-branded low-cost 4G-enabled smartphones.” billion units in 2016, with a year-over-year growth rate of 0.6

Regional 100