Wayfair – March 7, 2014 – $157 Million Wayfair, an online home-goods retailer, has announced it has raised $157 million in new funding. Wayfair’s service allows users to shop for home goods, and benefit from online marketing. VentureBeat reported on March 7. Wayfair sets itself apart from...
During an interview in late January, Discover Financial Services CEO David Nelms suggested the company soon may enter the student loan refinance. Speaking with American Banker, Nelms confirmed that Discover was considering the move. ”I do think it’s likely that we’ll be launching a [student...
Two security experts have shared a recent experience investigating the BlackPOS malware that is at the center of the growing merchant data-breach crisis. In an interview with KrebsOnSecurity, a technology security blog that has been investigating the data breaches, Tom Arnold and Paul Guthrie of cybersecurity...
Shopify has launched a one-stop eCommerce solution for large companies. Shopify Plus is intended to serve eCommerce sites that typically experience high traffic volume, TechCrunch reported on Feb. 5. Additionally, Shopify Plus is designed for existing Shopify customers who need expansive services to continue operating at fast...
Amazon Mobile users now may take pictures of real-world products and purchase them online. The eCommerce giant launched Flow as an expanded version of Snap It, a mobile feature that allows photo capture for eCommerce purposes. Flow expands the types of products that consumers may...
OTI has launched a consumer-oriented automatic payment solution for gas stations. EasyFuel Plus is similar to an OTI offering for commercial purposes. It features a contactless reader attached to a vehicle’s fuel inlet. Once the driver begins refilling, the payment process is activated automatically. “This...
About 10 percent of all merchants accepted mobile payments last year. This represented a jump of 50 percent compared to 2012 levels, a new report from LexisNexis showed. An additional 25 percent of merchants expect to integrate mPayments into their existing systems in 2014. “Mobile-payment...
Target is fast-tracking a $100 million smart card program, with a goal to have the program fully operational by early 2015. Target’s chief financial officer, John Mulligan, announced the move in an op-ed published by The Hill prior to his appearance before the Senate Judiciary...
UL Transaction Security says its Collis Brand Test Tool has been qualified by MasterCard for the simulation of Confidence Test Cards. The test tool the first to successfully pass MasterCard qualification for the simulation of the Confidence Test Cards, Finextra reported Feb. 10. “UL continues...
