Activist Investor Carl Icahn has picked up at 9.4 stakes in the discount retail chain Family Dollar Stores, Inc. Taken with the investments of Icahn’s affiliate investors, the total buy is worth 10.7 million shares worth about $266 billion. Get the Full Story Complete the...
After weeks of speculation about Uber’s, well uber funding round, the final count is in, and its a monster. 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...
While the rest of the retail sector’s growth is sluggish, electronic shopping continues to pick up steam, according to new U.S. Census Bureau statistics. Going by the County Business Patterns: 2012, the number of electronic and mail-order shoping establishments grew by around 27 percent during 2012,...
Green Dot Corporation will support Visa’s recently announced designation for consumer reload-able prepaid products in the U.S. The new designation aims at making prepaid cards more consumer friendly by simplifying and clarifying the fees consumers pay for the use of the cards. Green Dot is the largest provider...
David Marcus, the head of eBay’s payment service PayPal is moving on to “friendlier” pastures as he becomes the head of Facebook’s messaging products. This move follows Facebook’s $19 billion acquisition of messaging service What’sApp earlier this year. Get the Full Story Complete the form...
A report by Gartner shows the challenges for banks of managing multiple apps. Issues arise, as consumers are not able to find apps or aren’t informed about them. In order to solve these problems two solutions are available. Get the Full Story Complete the form to unlock...
Apple’s WWDC showing sort of got PYMNTS people talking about Karen Webster’s piece on Apple’s potential mobile payments ambitions. So did reports that small merchants may be turning their backs on EMV for mobile and merchants taking the debit card fight to the Supremes (we...
The UAE Banks Federation with the support of the Central Bank launched an m-wallet project, which is set to go live in 2015. It will be the first m-wallet backed by a bank federation. Get the Full Story Complete the form to unlock this article...
The immediate payment service of India, launched in 2010, reached 59.2M mobile users in April 2014 (+19.3% y-o-y growth). 60 banks have already signed for the service while 71.22% of mobile users came from top five banks. The amount of transactions saw an 8.5x increase...
