Open-source eCommerce platform provider Magento Commerce recently snagged a whopping $250 million in new funding from one of China’s largest investment firms, Hillhouse. This latest fundraising puts Magento Commerce’s valuation at more than $700 million, according to a person familiar with the deal. Get the...
The global mobile wallet market is projected to grow at a CAGR of 35.5 percent from 2017 to 2021, according to research firm Research and Markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Over 10K will be on the chopping block as recently embattled retailer Macy’s gears up for its next round of layoffs and store closures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Macy’s shares tanked in late trading, taking other retailers down with it, after slashing its earnings outlook and announcing it will reduce its workforce by 6,200, or 4 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Mitek, a mobile capture and identity verification software company, announced Wednesday (Jan. 4) the American Cancer Society is licensing and integrating Mitek’s Mobile Deposit and MiSnap products into its mobile fundraising app. Get the Full Story Complete the form to unlock this article and enjoy...
German payments group Concardis announced a new partnership with automotive developer IAV to establish a car-based commerce platform called Automotive Marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Two of the biggest names in automobiles may be taking on two of the biggest names in tech. 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...
What Walt Disney World learned a few years ago, Carnival is getting wind of. After WDW successfully launched a $1 billion vacation management system with the MyMagic+ band — complete with tracking personal information about what rides customers went on, where they went in the park,...
As the Competition and Markets Authority raises questions about Mastercard's pending buyout of VocaLink, what might that mean for faster B2B payments?
