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Germany Says Amazon Dash Button Breaks Consumer Law

PYMNTS

A regional consumer protection watchdog organization brought the case against Amazon, arguing that Dash buttons don’t let customers know what they’re paying. We are always open to innovation. But if innovation means that the consumer is put at a disadvantage and price comparisons are made difficult, then we fight that,” he said.

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EU Proposed Law Aims To Make Friends With FinTech

PYMNTS

s exit from the bloc next year, the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region. A “blueprint” that includes best practices and guidelines for setting up innovation hubs will be released by the final quarter of 2018 for regulatory “sandboxes.” exits the bloc in 2019.

Fintech 136
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JD.com Launches SEVEN FUN Experiential Store; Walmart To Put Focus On Supercenters

PYMNTS

As a lifestyle retailer, SEVEN FUN is innovating the retail landscape in China,” said Jonathan Wang, head of 7FRESH, JD.com, said in the post. The 74,000-square-foot space was to feature a second-floor mezzanine complete with almost 100 seats for a market café. 1 through Christmas Eve in comparison to the same time last year.

Retail 132
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How will the Apple Watch and other tech evolutions impact banking?

Abrigo

Then the marketers must promote that message to both existing and potential customers. An innovation like that can make the Apple Watch and Bitcoin seem archaic in comparison. Given that consideration, many of the national and regional institutions are able to invest the funds and resources to keep up with their customers’ tech.

Apple 150
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Turning Industrial Procurement Into A Well-Oiled Machine

PYMNTS

“You have to look at the book seller market before Amazon,” he said. “You have Barnes & Noble, Borders and regional bookstores. . “You have Barnes & Noble, Borders and regional bookstores. “Innovation is not just about finding the breakthrough technologies, although that is important too.

Industry 148
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Kroger’s Private-Label Grocery War Advantage?

PYMNTS

To compete in the grocery wars and gain market share from competitors such as Aldi, Amazon and Walmart, supermarkets are bolstering their private-label efforts. McMullen said the company knows that shoppers love their brands “and that they are hungry for innovative new products that they can only get by coming to and shopping with Kroger.”

Branding 102
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Data Dive, Go Big Edition: Apple, Amazon And CloudKitchens

PYMNTS

That sounds like a large number, though it is difficult to make an apples-to-apples comparison with cards issued by others, since as a general rule banks do not break out performance by individual cards. According to reports last week, Amazon will soon be heading to Boston to construct a $40 million state-of-the-art robotics innovation hub.

Apple 101