News

B2B Payments
Accel Backs Soldo’s Business Focus With $11 Million
June 22, 2017

Days after announcing a collaboration with Wirecard Card Solutions, U.K.-based startup Soldo has announced new funding. 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...

B2B Payments
Vesta Corporation Shows Innovation A Hidden Victim Of Fraud
June 22, 2017

The threat cybersecurity holds over corporations today is massive. From email scams to malware, businesses have to keep their guard up or risk losing big bucks to cybercriminals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
More Layoffs Happening At Etsy
June 22, 2017

Etsy Marketplace — the internet’s favorite place to buy handmade goods and crafts — is on the verge of cutting 15 percent of its workforce, according to news reports out this morning. This is the eCommerce firm’s second big round of layoffs in two months....

Social Commerce
Twitter Will Allow People To Earn Money Streaming Live On Periscope
June 22, 2017

In social commerce news this week: Twitter is launching a system that allows people to earn virtual currency by streaming live on its Periscope user-generated video service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Walmart Tells Tech Partners Not To Host Its Apps On AWS
June 22, 2017

With competition fierce between Walmart and Amazon, the former has started telling technology partners to not run applications for the retailer on Amazon Web Services (AWS). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Nike Mulls Selling Directly on Amazon
June 22, 2017

Nike has so far resisted direct sales on Amazon, but now it seems that, in the face of ebbing sales, the company has decided to Just Do It. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
GlobalOnePay Expanded Its UnionPay Solutions To Include PIN Debit Acceptance
June 22, 2017

GlobalOnePay, a division of Pivotal Payments offering global omni-channel payment processing technologies and merchant services, announced Wednesday (June 21)  that it has expanded its UnionPay online solutions with PIN debit acceptance. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

CFPB
CFPB Highlights Complaints About The Public Service Loan Forgiveness Program
June 22, 2017

The Consumer Financial Protection Bureau (CFPB) has issued a new report that indicates consumers are displeased with how student loan servicers are handling (and mishandling) Public Service Loan Forgiveness. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Verifone and SITA Team To Enable Payments In Airports
June 22, 2017

Verifone, the payments and commerce solutions company, announced Wednesday (June 21) that it is working with SITA, the air transport IT and communications company to offer a payment solution integrating an airport’s shared IT infrastructure and Verifone payment devices. Get the Full Story Complete the...