News

Maricopa County To Use BidSyncy
October 06, 2014

In a move that will integrate and automate every part of their purchasing cycle, Maricopa County will deploy the BidSync suite of e-procurement solutions The county has been a BidSync client for five years. The company recently released BidSync Request and BidSync Purchase, which rounded out its product offering, making...

Cool
Chinese Payments Giants Alibaba And Tencent Are Now Bankers
October 06, 2014

China’s two biggest online services already have large payments operations — and now both have permission to be bankers, too. On Monday (Sept. 29), Alibaba Group’s Alipay affiliate won permission from the China Banking Regulatory Commission to set up a privately owned bank, according to...

Chinese Payments Giants Alibaba And Tencent Are Now Bankers
October 06, 2014

China’s two biggest online services already have large payments operations — and now both have permission to be bankers, too. On Monday (Sept. 29), Alibaba Group’s Alipay affiliate won permission from the China Banking Regulatory Commission to set up a privately owned bank, according to...

Mobile
Whole Foods Trying One-Hour Delivery
October 01, 2014

The Whole Foods grocery chain is trialing a one-hour mobile delivery program, where shoppers place their orders on a smartphone, in 15 cities in the U.S.. The trial, done with vendor Instacart, is being offered in Atlanta; Austin; Boston; Boulder; Chicago; Denver; Houston; Los Angeles;...

Hmmm
Visa’s View Of A B2B Future
September 26, 2014

What do you do when you’re the largest payments company on the planet and every aspect of payments is undergoing huge global change? You try and identify the biggest and most threatening of these changes and try to either partner with it or do what...

News
Alibaba Will Open Trading At $68/Share
September 19, 2014

Alibaba could raise $21.8 million after its huge IPO launched Thursday (Sept. 18) at $68/share. “The price gives the e-commerce company an initial market value of $168 billion, making it one of the 40 biggest public companies globally, according to S&P Capital IQ, and worth...

Acquiring
EMV Company To Acquire EFT Source
August 27, 2014

Financial services and EMV card production firm CPI Card Group will acquire EFT Source, Inc., according to an EFT announcement. EFT specializes in turnkey card programs and personalization services for ATM and debit cards for financial institutions. CPI and EFT were business partners for more than...

News
B2B Screen-Printing Industry Gets Boost
August 15, 2014

Companies that specialize in the embroidery, digital imaging, sign-making and screen-printing industries just got some good news. A new eCommerce site was launched by Graphic Solutions Group. Called GoGSG.com, the website sells equipment and materials used by companies involved in embroidering textiles, screen-printing apparel products...

News
Trends Of The Week
August 09, 2014

Over the past week, PYMNTS.com’s coverage in this newsletter has spanned a broad variety of issues. In this column, we take a look at five common elements that link many of those stories, in essence making them the “trends of the week.” eCommerce Walmart is...