Merchant Innovation

Visa’s New Research Division Digs Into Digital Commerce
May 01, 2015

Visa Inc. is magnifying its efforts in the field of technology research, expanding its capabilities worldwide and bringing on a scientist specifically to lead those endeavors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Is MCX’s Loss Apple’s Gain?
May 01, 2015

There are two things that can be taken as certainly true coming out of the final days of April 2015. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Warby Parker Is Silicon Valley’s Latest Unicorn
May 01, 2015

Silicon Valley’s unicorn herd has just welcomed its newest member. Warby Parker has just finished off a $100 million Series D round that leaves the five-year-old startup with a valuation of $1.2 billion, reported The Wall Street Journal. The funding round was led by T. Rowe...

MasterCard On The New Face Of POS
May 01, 2015

The migration to EMV in the US, as MPD CEO Karen Webster discussed earlier this week in a live digital discussion, is putting a new face on point-of-sale. New capabilities including talking POS systems, large interactive tablet screens, and wearable devices are transforming the purchase...

Amazon Rival Jet Has A Secret Investor (It’s Alibaba)
April 30, 2015

Taking a cue from the ancient wisdom that says the enemy of my enemy is my friend, Chinese eCommerce mega-player Alibaba was an investor in Jet.com’s $140 million funding round in February, which was led by Bain Capital, according to Forbes. Get the Full Story...

Lyst Raises $40M To Streamline Online Shopping
April 30, 2015

Lyst is now $40 million richer and ready to expand into the international arena at the conclusion of its latest funding round, Fortune reported today (April 30). The eCommerce site can now count Groupe Arnault, the investment firm controlled by LVMH CEO Bernard Arnault, among its...

Merchant Innovation
Facebook’s Small Business Hub
April 30, 2015

Facebook is making a more active play for the small business marketplace as the firm has announced a handful of new programs aimed at that segment, particularly the subset that advertises on Facebook. However, while shunting those extra goodies at companies that advertise, Facebook also...

Unacast And Becoming A Backend For Beacons
April 29, 2015

Beacons are about to be the next big thing – if the Internet is to be believed. Google “beacons are coming” and there are 11 articles from separate sources that use that phrase. Whose beacons? Which type? Using what tech? What use can merchants best...

Merchant Innovation
Is Uber Sneaking Into a Massive Delivery Move?
April 29, 2015

So what does the most highly valued and buzzed about startup in the world do? Well, if you’re Uber, you decide to start racing with the big boys over at Amazon and Google in the same-day delivery race. Get the Full Story Complete the form...