China’s B2B e-commerce market keeps climbing. According to China-watching e-commerce analyst Enfodesk, B2B revenue for Q2 2014 reached 4.53 billion Chinese yuan ($740 million), up 6.1 percent from Q1 and up 57.29 percent from the same quarter in 2013, China Internet Watch reported. Get the Full...
As shoppers consider new ways of making payments, there are dueling emotions at play. First, there’s the excitement and fun associated with something new and flashy. But there’s also the fear of the unknown, especially when it could potentially touch a shopper’s bank account or...
7-Eleven is about to start installing the Belly mobile CRM app in 2,600 of its stores, a not surprising move given the mammoth convenience chain’s investments in the loyalty app firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
It’s sort of a Catch-22 situation: a new B2B seller is doing so well, it doesn’t have needed cash flow because of invoicing that allows buyers to pay off their debts in 30 to 60 days. Factoring, however, is playing a role in helping such...
The leading users of mobile payments in the U.S. are the people who also use prepaid cards, according to a report titled “Prepaid and Gift Cards in the U.S.” by market-research publisher Packaged Facts. Get the Full Story Complete the form to unlock this article...
Mobile banking and payments company Monitise is tightening its new alliance with IBM, transferring hundreds of its U.K.-based professional services staff to IBM, according to Finextra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Dairy Queen’s 4,500 franchised stores appear to be the source of the latest payment-card breach, according to Krebs on Security. The Minneapolis-based fast-food chain said it hasn’t heard any breach reports — but it also doesn’t ask franchisees to report breaches to headquarters. Get the...
Uber gave burner iPhones and credit cards to contracted “brand ambassadors” as part of a campaign to sabotage Lyft’s launch in New York, The Verge reported on Tuesday (Aug. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Online loan company LendingClub is chasing a half-billion-dollar IPO, according to an SEC filing the company made Wednesday (Aug. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
