Morning Brief 7.21.20: Yahoo, Walmart enable email orders
The information you need to start your day, from PaymentsSource and around the web:
Verizon Media and Walmart have teamed up to support online grocery orders and purchases through Yahoo Mail. The feature builds on Grocery View, an app Yahoo Mail launched in 2019 that shows incentive marketing at local grocery stores.
In this case, shoppers use Grocery View to spot items at a local Walmart, fill a cart and complete their order for pickup.
Walmart recently entered a similar partnership with Shopify as Walmart looks to add ordering options to accommodate a surge in online shopping that has accompanied the coronavirus outbreak. Verizon, which owns Yahoo, reports 25% of U.S. residents use Yahoo Mail, which is available in more than 40 countries in 70 languages.
Diebold Nixdorf says there's a new type of ATM attack that is of particular risk in Europe, where it has distributed a warning to banks.
It's a type of black box attack that focuses on gaining access to outdoor machines, then plugging the black box directly into the ATM, reports Finextra. That's more sophisticated than traditional black box attacks, which attach a device to ATMs to infiltrate the machine.
Diebold Nixdorf is investigating how the parts to pull off the new attack were obtained, saying it's possibly an offline attack against an encrypted hard disk. It's also unclear how much was stolen. Diebold just won a contract to manage ATMs for Belgian banks and the postal service.
PayPal has reportedly selected blockchain and cryptocurrency firm Paxos as a partner for its pending cryptocurrency project.
Paxos will manage trading and storage for PayPal, which has not yet formally announced or confirmed its plans for cryptocurrency, reports Coindesk.
PayPal's potential cryptocurrency service could reach a market of more 320 million users, who could use PayPal to buy cryptocurrencies and access a digital wallet for storage.
Could have been worse
Crypto exchanges Coinbase, Binance, Gemini and Kraken reportedly prevented more than 1,100 users from sending bitcoin to the hackers who attacked Twitter last week.
The exchanges blacklisted the hackers' wallet address, saving about $280,000 worth of transfers, with Coinbase accounting for most of the flagged transactions, reports Forbes.
The Twitter attackers compromised accounts tied to Barack Obama, Joe Biden, Bill Gates and other famous people, promising fake donations in exchange for a bitcoin transfer.
From the Web
Starbucks expands Chinese order services to multiple Alibaba apps
REUTERS | Mon July 20, 2020
Chinese Starbucks customers can order the coffee chain’s drinks on Alibaba’s Taobao marketplace and mobile map app Amap, the companies said on Tuesday, expanding a partnership signed in 2018.
Brazil will authorize payments system involving WhatsApp if rules are respected, central bank director says
REUTERS | Mon July 20, 2020
Brazil’s central bank will authorize a payments system involving Facebook Inc’s WhatsApp messaging service, to send money and make payments via chats, as long as all rules are respected, director Joao Manoel Pinho de Mello said on Monday.
Dumpling launches to make anyone become their own Instacart
TECHCRUNCH | Mon July 20, 2020
Dumpling, a startup in the food delivery space, was born to challenge the status quo in the gig economy by giving more ownership to the workers that power it.
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