News

B2B Payments
Pricing Pitfalls And The Professional Buyer
July 14, 2014

According to a recent study by Oracle, 60 percent of B2B online buyers name pricing complexity as their main business challenge. Regular consumers expect to know what and when they are paying, and are used to customizable pricing, but up until now that experience was...

Financial Inclusion
Will Picasso’s Supplant Pez Dispensers Now that Sotheby’s Has Partnered With eBay?
July 14, 2014

Sotheby’s and eBay are partnering up to bring a taste of high-end, big ticket auctions to the auction website that built its reputation on the vast array of Star Wars lunchboxes it initially made available to its user base. Get the Full Story Complete the...

Commentary
Does The US Really Trail The Rest Of The World In Payments Innovation?
July 14, 2014

Financial Times columnist John Gapper got a check for a dollar in the mail which prompted him to write a piece that more or less portrayed the US as being total Luddites in the payments innovation department. Well, in a true case of payments patriotism...

Cool
June Investors Say “Yes” To Data And Security and “Meh” To mWallets and POS
July 14, 2014

In another PYMNTS first, we’re going to bring you weekly scoop on ALL of the investments in the payments space – VC funding, strategic investments, buybacks, acquisitions – for both retail and commercial payments. This week we summarize all that happened in the month of...

News
Paperless Debit Used To Lure Millennials
July 14, 2014

Fighting the trend that has seen millennial consumers—those aged 18 to 34—increasingly pulled away from traditional banking channels in favor of all digital methods of storing, moving and using money like Google Wallet or PayPal;  one Chicago area bank is officially rolling out a digital...

Company Spotlight
Discover Serves As A DOJ Ally In Amex Trial
July 14, 2014

Times have changed since Discover and American Express both helped the U.S. Justice Department prove its case that Visa and MasterCard exerted too much competitive influence in the card market by preventing banks from issuing cards carrying their brand marks. Now Discover has turned against...

Alternative Finances
Alibaba Tells All About Alipay Ownership
July 14, 2014

In their latest filing with the Securities and Exchange Commission clarifying the Chinese e-retailers forthcoming U.S. IPO, chairman Jack Ma more fully explained the circumstances under which Alipay—the erstwhile payments arm of the company—was spun off from the core business. Get the Full Story Complete...

Mobile Commerce
Hotels, The Newest Hotbed Of Cyber-Thieves Hacktivities
July 14, 2014

Business travelers have yet another security concern when they are on the road, particularly if they are frequent flyers at their hotels’ business centers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
SupplierPay Initiative Pushes Large Companies To Speed Payments To SMBs
July 14, 2014

In a move intended to boost cash-flow for small businesses, the White House has announced the SupplierPay program. The program calls on large enterprises to dramatically speed up payments to the smaller vendors in their supplier networks. As of last week, some very big ticket...