Walmart Nabs Social Shopping Startup, Then Promptly Shuts It Down
Walmart Nabs Social Shopping Startup, Then Promptly Shuts It Down
July 31, 2014  |  Acquiring

Walmart Labs, the retail giant’s eCommerce and R&D operation, has announced the acquisition of Luvocracy—a social shopping application that essentially allows users to both check...

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Omnichannel Tackles The ‘Super Consumer’
Omnichannel Tackles The ‘Super Consumer’
July 31, 2014  |  Cool

Getting consumers to buy more is perhaps the most difficult challenge retailers and brands face. But their omnichannel efforts to reach customers wherever they are,...

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First Data’s Mobile Gifting Acquisition
First Data’s Mobile Gifting Acquisition
July 31, 2014  |  Acquiring

First Data has given itself a gift that it hopes will keep on giving as it pursues the valuable gift card space. Get the Full...

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Visa And MasterCard Say U.S. Sanctions Won’t Affect Russian Client Banks
Visa And MasterCard Say U.S. Sanctions Won’t Affect Russian Client Banks
July 31, 2014  |  Company Spotlight

The newest round of sanctions against Russia relating to the ever escalating conflict in Ukraine will not negatively affect Visa and MasterCard clients at Russian...

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BitPay’s Million Merchant March
BitPay’s Million Merchant March
July 31, 2014  |  Mobile Commerce

BitPay wants to make it easier for merchants to start taking bitcoin, and thinks it can succeed well enough to get a million merchants behind...

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WEX Could Take HealthCare Payments Virtual
WEX Could Take HealthCare Payments Virtual
July 31, 2014  |  B2B Payments

B2B card provider WEX during this year’s second quarter saw spend volume on its virtual card grow by 26 percent, driven mostly by its relationship...

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Square’s New Reader Embraces Chip; PIN, Not So Much
Square’s New Reader Embraces Chip; PIN, Not So Much
July 31, 2014  |  News

With U.S. retailers hesitant to embrace chip and pin and U.S. consumers apathetic about the same, Square announced Wednesday (July 30th) that it will support microchip-enabled...

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Alibaba Considers Snapchat Investment
Alibaba Considers Snapchat Investment
July 31, 2014  |  News

With what is forecast to be an epic IPO set to happen within the next several weeks, China e-retail giant Alibaba has been making increasing...

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Fleet Company Ditches Outdated Paper Billing System
Fleet Company Ditches Outdated Paper Billing System
July 31, 2014  |  B2B Payments

Volpe Express announced this week that it invested in a new back office management system for 24/7 bill entry processing and reporting through a cloud-based...

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