Jet.com, the second eCommerce brainchild from Diapers.com founder Marc Lore, goes into the market valued at $600 million – and that is before the company has sold a single item, according to The Wall Street Journal. However, CEO Lore has a long history of winning at...
Alibaba’s affiliate mobile wallet Alipay has launched a new service that allows users to pay municipal fees in 12 Chinese cities, Tech In Asia reported Wednesday (April 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
This month’s Vantiv Omnicommerce Tracker highlighted a number of trends but perhaps none more interesting than what innovators are doing to make omnichannel a one-to-one experience. Marcus Robins, SVP of Strategy for Vantiv recently caught up with MPD CEO Karen Webster to offer his insight...
Across the U.S., merchant payments is an area that’s experiencing rapid growth and transformation. And when it comes to delivering solutions for the space, Neil Randel, CEO of First American Payment Systems says merchants want to do a lot more with a lot less –...
As heavy as the head that wears the crown can be, on the upside, at least you get a crown. Being the No. 2 guy to the guy that wears the crown is not so much heavy as it is a headache – particularly if the...
Amazon officially confirmed all of the rumors and speculation that it was going to enter the travel business and did it yesterday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Nearly two years ago, mobile transactions made up about 4 percent of Brazilian eCommerce. But by January of this year, they were approaching 10 percent, says Daniel Cohen, SVP of Emerging Payments for MasterCard Latin American and Caribbean, a compounded growth he called “impressive.” MPD...
The US and Europe alone make up less than half of the global domestic market. While there are clear, significant opportunities for businesses’ cross-border growth, those opportunities also come with risks like taxes, fraud and varying rules and regulations that make the process a daunting...
“Dorsey is the only guy in the industry who’s thinking about payments in a deep way, and Square is the only payments company that’s innovating on hardware, software, and price. Now, as we approach the launch of the Starbucks collaboration, I think we’ll see this...
