News

Merchant Innovation
Mobile App Wants To Bring People To The Movies
July 22, 2014

Dealflicks, a company that prides itself on being the “Priceline for movie tickets,” announced this week that it had raised $1.7 million in seed funding. Investors in this round included 500 Startups, Siemer Ventures, Archer Gray and Rubicon VC. Get the Full Story Complete the...

Merchant Innovation
Verizon Launches Reward Program (For Customers Willing To Be Tracked)
July 22, 2014

This week Verizon Wireless will be the first nationwide cell phone carrier to launch a loyalty program  for its 100-million-plus subscribers.  A loyalty program with one small catch: to earn points within the program for dollars spent, subscribers must agree to have their movements tracked....

News
Dell Accepts Bitcoin
July 22, 2014

The U.S.-based computer technology company Dell partnered with Coinbase to enable accepting Bitcoin as a payment method option for online purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Exclusive Series
Innovation Investment Tracker | Week of July 21
July 21, 2014

An acquisition and an auction drove the bulk of investment activity last week. Of the venture  back moves, alternative lending and electronification of documents paved the way. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Financial Inclusion
UK Banks May Be Anticompetitive
July 21, 2014

The U.K.’s Competition and Markets Authority (CMA) recently announced that it would launch an investigation into the UK retail banking sector to determine whether the industry lacks effective competition and is therefore inadequate to meet the needs of personal consumers or SMEs. Get the Full...

B2B Payments
HighJump Software Acquisition Will Impact B2B Global Trade
July 21, 2014

Supply chain management software company HighJump Software announced last week that it acquired Atlas Products International, which provides Software as a Service (SaaS)-based business-to-business (B2B) EDI integration, secure data transfer, and e-invoicing solutions. Get the Full Story Complete the form to unlock this article and enjoy...

Merchant Innovation
Alibaba Goes Postal In Brazil
July 21, 2014

The Chinese eCommerce powerhouse Alibaba announced last week that it partnered with Brazil’s state-owned postal services company, Correios  in order to help the country’s SMBs sell their products in China through Alibaba’s websites, using its Alipay electronic payment system. Without providing details, the eCommerce company also said...

Acquiring
ACI Acquires ReD
July 21, 2014

ACI Worldwide announced this morning that it will acquire Retail Decisions (ReD) for $205M. The transaction will close in Q3 2014. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Merchant Innovation
eBay Finds Big Demand For In-Store Pickup
July 21, 2014

According to eBay executives, its Click and Collect service in Britain – essentially an in-store pick up option – is gaining greater traction than its same-day delivery service eBay Now. Additionally, eBay stated that it would extend its Click & Collect services to approximately 650 locations...