As peer-to-peer financing networks are gaining more ground in Great Britain and the coalition government is pushing legislation that would require banks direct rejected loan applicant to alternative financial services, Santander will be the first high-street bank to officially partner with a P2P service. Get...
@WalmartLabs – the mega-retailer’s Silicon Valley-based R&D and innovation hub – has just made its first acquisition from New York’s so-called Silicon Alley in the form of fashion app Stylr. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A new form of a mobile Trojan virus appears to target online banking, and it potentially could place multiple banks’ customers at risk. More than 100 million Americans use mobile banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In a move to perhaps curb illegal online downloads, PayPal UK announced earlier this week that it is extending its buyer protection to cover services, digital goods, travel tickets and “other intangible items,” reported a recent Gizmodo post. Get the Full Story Complete the form...
According to estimates from Visa, Saudi Arabia had a 43 percent increase in e-commerce for the first quarter of 2014, as compared to the same period from 2013. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
L’Occitane International, a maker of high-end skin care products, is in final negotiations with Alibaba to open up a virtual storefront on it Tmall site. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Priceline has moved to purchase OpenTableInc. for about $2.6 billion in cash. OpenTable allows diners to book meals by smartphone and charges restaurants fees for the patrons it books as well for monthly access fees to use its software. Priceline will pay $103 a share in a 46...
Some pretty big stuff got the payments industry talking this week. PayPal’s President moves to Facebook, World Cup revelers can’t get Brazilian currency and a mobile payments innovator claims HCE isn’t all that it’s cracked up to be. That was just Tuesday, Wednesday and Thursday!...
We might not be in a cashless society yet, but if recent data from Javelin Strategy & Research is any indication, cash is becoming less popular among consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
