International

Community Car Rental Startup Drivy Raises $8.7M
April 03, 2015

Drivy is driving money. 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 marketing...

Align Commerce Testing Global Blockchain Payments
April 03, 2015

Bitcoin’s blockchain technology may have found a new application: cutting the time and cost required by cross-border wire-transfer payments. Align Commerce has launched a public beta test of a system to let either businesses or individuals pay invoices globally, the company announced on Thursday (April...

Why Is An eCommerce Shoemaker Going In-Store With Nordstrom?
April 02, 2015

Australian custom shoemaker Shoes of Prey is now rolling out its design-your-own-shoes system to Nordstrom stores in five more U.S. cities, Chain Store Age reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Alternative Finances
Crowdfunding Hits $16B in 2014
April 02, 2015

Crowdfunding — very broadly defined — grew by 167 percent in 2014 to raise $16.2 billion, up from $6.1 billion raised in 2013, according to newly released research by Massolution — and total global crowdfunding should reach $34.4 billion this year. Get the Full Story...

International
Visa Teams With Airlines For Global Payments Standard
April 02, 2015

As in-flight purchases keep rising, Visa will now let airlines do a better job of identifying exactly what passengers buy with their payment cards while they’re in transit, Visa said in a company blog post on Wednesday (April 1). Get the Full Story Complete the...

Europe
Uber To EU: We’re “Not A Transport Company”
April 02, 2015

Uber filed a complaint against Spain with European Union regulators this week, charging that the country violated E.U. laws by banning some of Uber’s services, The Wall Street Journal reported on Wednesday (April 1). Get the Full Story Complete the form to unlock this article...

India’s Cash Commerce Problem
April 01, 2015

India is a country where the stats show consumers want more eCommerce, despite the physical barriers — which include a poorly designed delivery infrastructure and a cash-driven economy. Still, the country might just have the best and worst case examples of how to develop an...

Net-a-Porter Picks Italian eCommerce Firm Over Amazon
April 01, 2015

Less than a week after Amazon was reported to be working on a $2.2 billion deal to buy luxury eCommerce retailer Net-a-Porter, Italian online fashion retailer YOOX announced it will merge with Net-a-Porter instead, the companies said on Tuesday (March 31). Get the Full Story...

International
US eCommerce Sales Leading Europe
April 01, 2015

U.S. eCommerce sales still lead the Western world with projected annual revenue of $349 billion, compared with $254 billion for eight surveyed European countries, according to a study released Tuesday (March 31) by the U.K.-based Centre for Retail Research and commissioned by RetailMeNot. Get the...