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Google’s New AR Feature Lets Users Try Cosmetics Before Buying

PYMNTS

The pandemic-fueled acceleration of online shopping has prompted Google to roll out an augmented reality (AR) tool to help people see how makeup will look before committing to a purchase. shoppers are planning to buy online,” Archana Kannan, group product manager of shopping for Google, said in a blog post on Thursday (Dec.

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New Fashion Startup Bets Its Future On Off-Price Luxury

PYMNTS

Fast fashion already claimed a victim this week as Lucky Brand filed for bankruptcy, and H&M announced it was shuttering 170 stores across the globe due to the pandemic-driven digital shift. “We We have increased our customer base online, and many of our customers — in-store customers — are now multichannel customers.”.

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 Visa B2B Connect Goes Global

PYMNTS

In an interview with PYMNTS, Kevin Phalen, head of Global Business Solutions at Visa, told Karen Webster that Visa B2B Connect acts as a brand new, end-to-end global payments network, built on using elements of distributed ledger technology (DLT) and the open source Hyperledger Fabric framework hosted by The Linux Foundation. Mastercard, Too.

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Top News In Payments: Central Bank Coin Currency At Least A Decade Away; US Economy Could Lose $10B To Chinese Travel Ban

PYMNTS

In this month’s B2B API Tracker, BNP Paribas VP of Innovation and Product Management for Trade and Treasury Solutions Charlotte Hausemer explains how APIs (application programming interfaces) are reshaping corporate spending with precise liquidity management and real-time payments tracking.

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Stepping Into 21st Century Hospitality With Apartments And Technology

PYMNTS

The company saw the need for the best of both worlds and, to tackle this challenge, it is “evolving into a 21st-century tech-enabled hospitality brand,” DePinto told PYMNTS in an interview. It has units in cities such as Charlotte, Tampa, Milwaukee and Columbus. The Business.

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Checkout Features, Visa Interchange Rates, Gaana’s Music Service Top This Week’s News

PYMNTS

A genuine sea of change is rising in terms of how merchants want to interact with their shoppers and how consumers want to manage their transactions. Consumer spending hit a high of $880 billion in Q4 2019, with online sales comprising 15 percent of total expenditure — higher than ever recorded — and smooth eCommerce checkouts.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. For example, as reported by Forbes, auditor Grant Thornton wrote that “management believes” it can meet its financial obligations through February 2021. Wall Street is a tough master, especially for eCommerce companies.

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