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The United States May License Bitcoin and Cryptocurrency Exchanges

Bank Innovation

The Acting Comptroller of the Currency of the United States, Keith Noreika, has stated that he is considering imposing a nationwide licensing program for cryptocurrency exchanges, similar to the licensing program recently enacted in Japan.

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Getting real about real-time payments in the United States

Accenture

Working directly with our financial services clients on strategic, operational and technical issues, he is on the front lines of the evolution of real-time payments. Instant payments are also top-of-mind as customer experience becomes the currency of competitiveness in retail and commercial payments. Playing catch-up. It is a hydra.

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European Mall Operator Citycon Works On BOPIS Service

PYMNTS

To enable customers to shop from the complete selection of multiple mall offerings and retrieve their purchases from one place, European mall operator Citycon is creating a buy-online-pick-up-in-store (BOPIS) service. Citycon runs 40 shopping centers throughout Estonia and the Nordic nations, Bloomberg reported.

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‘Organized Retail Crime’ Is Growing (And Not Just Because Of The Pandemic)

PYMNTS

Organized crime rings are taking advantage of the pandemic, looser police enforcement and a softening in anti-shoplifting laws to swipe tons of merchandise from retail stores and warehouses across the United States. KPIX-TV reported that the shop proudly advertised on Facebook Marketplace that customers “never pay retail.”.

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How Retailers Aim To Convince Consumers It’s Safe To Shop In Person

PYMNTS

As they navigate the coronavirus pandemic and begin to reopen stores, large retailers are putting safety measures into place to keep shoppers and staff members safe — and get customers confidently back into stores. Trade groups are also providing guidance to help retailers open their doors again.

Retail 173
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Why The Biggest US Retailer Will Stick To Stamps

PYMNTS

Quick: Who’s the biggest retailer in the U.S.? In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in the country, with 31,000 locations covering pretty much every town. Now, a new report is asking a good question: What if the post office expanded its retail offerings?

Retail 169
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Today In Payments Around The World: Delivery Hero Buys Glovo’s LATAM Operations; Telefónica Teams With Rakuten For OpenRAN

PYMNTS

In today’s top news in payments around the world, Delivery Hero said it has acquired Glovo’s Latin America operations, and Telefónica is teaming with Rakuten for the development of an OpenRAN (radio access network). The retailer, which is largely owned by Walmart, Inc., Delivery Hero Acquires Glovo's LATAM Business.