After years of industry pressure for PayPal and eBay to split, the ultra-resistant eBay board this week surprised all, reversed itself and agreed to spin off PayPal late next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Macy’s has been incrementally building its merged channel capabilities for years. The chain has repeated the same process again and again: Start with a small-scale test of an in-store feature, such as Macy’s “Store to Door” program, in which if one store is out of an...
Victor Ho, the CEO of 3-year-old loyalty firm FiveStars, has become a veteran of the capital-raising game as he has built his firm to support more than 5,500 merchants and about 4 million cardholding shoppers. Get the Full Story Complete the form to unlock this...
Construction spending in the U.S. construction fell in August, after a slight increase in July. The 0.8 percent decline was the second fall off in the last three months and weakness was spread across all three major sectors—residential, non-residential and government projects, reports The Associated Press....
Although B2B payments are often held up as lagging behind the times, Bob Dowd—Managing Director of Global E-Commerce for the Cambridge Mercantile Group—thinks critics tend to miss the tremendous strides the space has made over the last 5 years. Cambridge moves money around the world—with...
Payments by U.S. consumers increased $60.4 billion in August, compared with a rise of just $3.5 billion in July, according to a new Commerce Department report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Just another Tuesday in September. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive...
The PayPal/EBay separation is a story of contradictions. eBay says that the fast pace of the payments space—and the huge recent changes (Apple Pay and Alibaba’s IPO)—require a move right away: So they’re saying that they will separate by the end of 2015. Get the...
Existing payment schemes were created with the understanding that payments are going to be (and stay) domestic. That old school way of thinking doesn’t reflect today’s increasingly global business landscape. As an innovator in the B2B payments space, Financial Technology Advisor and Entrepreneur Marwan Forzley has...
