2014 was an exciting year for payments, and digital solutions played an important role in rewriting the rules of product design and customer engagement. Did anyone have a better September than Jack Ma, CEO and founder of Alibaba, whose business is largely online powered via...
Most Americans were unfamiliar with the Chinese company Alibaba until last September, when the e-Commerce giant launched its IPO to an eager Wall Street and started the talk of an upcoming showdown between Alibaba and Amazon for the wallets of the public. Get the Full...
As more transactions become digitized every month, either through the traditional swiping of credit cards of through more advanced payment methods like ApplePay, the risks of online fraud and damaged credit ratings become more pronounced. Currently, online fraud costs the economy over $190 billion a...
With just 30 employees and three warehouses, Boxed, a mobile application for wholesale shopping, has raised $25 million in a Series B round of funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The merchant reaction to Apple Pay has varied across the board since the platform’s release in October of last year. Some, like Whole Foods, McDonald’s and Disney, jumped up ASAP and never looked back. Other merchants, notably those who have signed on with CurrentC, seem...
On Friday (Jan. 16) in the United States District Court in Nevada, the Federal Trade Commission reached a $21 million settlement with two payday lending companies in the largest payday loan settlement in history for deceptive lending practices and providing deceptive information to customers. Get the...
An old saying goes that imitation is the sincerest form of flattery, but that saying may not be as true for technology. Unable to actually copy Apple’s Touch ID without incurring huge legal costs, Samsung decided to try and make as close to a carbon...
If a company has made a pledge to grow revenues to $30 billion by 2019, and is adding hundreds of new storefronts worldwide in 2015, why would they announce layoffs at corporate headquarters — the supposed nerve center of the entire company? Also, why is...
Google may be positioning itself to add another mobile wallet under its umbrella, as reports have surfaced that the technology giant may be in talks to buy the mobile payments company Softcard. Although neither Softcard nor Google officials have confirmed the reports, TechCrunch reported that...