Welcome to Five at Five, your backward attending at the day’s payments and business news. Today’s advantage includes the latest developments in fraud, forth with Volkswagen’s eCommerce plans. Starbucks has big hopes in China, CVS isn’t afraid Amazon antagonism and Ingenico inks a new European payments deal.
Fraudsters Prize Payment Via iTunes, Walmart Allowance Cards
Losses due to this blazon of artifice accomplished $40 actor in 2017, an access from $20 actor in 2015 and $27 actor in 2016.
Volkswagen Eyes eCommerce Sales
The new VW sales archetypal is accepted to be implemented in Europe by April 2020, aloof in time for the admission of the automaker’s new electric ID family.
Starbucks Sees Its Future in China
The aggregation is architecture a new abundance in the country every 15 hours, and angle advocacy advance there as one of its “three cardinal priorities.”
CVS CEO Says Amazon Isn’t Keeping Him up at Night
Amazon entered into the decree biologic commitment business through its $1 billion accretion of online pharmacy aggregation PillPack, which took about $12.8 billion in bazaar amount from CVS and its rivals.
Ingenico Teams With Trustly for Merchant Payments; honestbee to Open Cashless Store
Ingenico is teaming up with European payments close Trustly in an accomplishment that lets barter accomplish merchant payments application their coffer accounts, the companies said in an announcement.
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