News

App Data Shows Walmart Outpricing Competitors
December 10, 2014

Amazon used to to be the king of the holiday deals, but data from ShopSavvy shows this year may be different. ShopSavvy, a mobile shopping app, was able to tap into the database of pricing info of retailers to see who has the best shopping...

Homegrown Ecommerce On The Rise In Africa
December 10, 2014

Africa and eCommerce don’t initially seem like a match, though for countries like Nigeria — the economically-booming nation driven by its large oil stake — it has found a way onto the eCommerce map. Get the Full Story Complete the form to unlock this article...

Uber Competition Heats Up In France
December 10, 2014

The car service competition for business clientele in France is heating up after SnapCar, one of Uber’s rivals, secured a $2.5 million investment, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
India’s RBI Hobbles Mobile Payments
December 10, 2014

While India has the potential to be one of the world’s biggest markets for mobile payments, at the moment the country’s central bank is creating barriers to mobile-payment adoption instead of removing them, according to a blog post by Ensygnia. Get the Full Story Complete...

Insikt’s Lending-As-A-Service Pushes Loans At Checkout
December 10, 2014

San Francisco startup Insikt has brought in another $16 million in funding to grow its “lending as a service” business, TechCrunch reported on Tuesday (Dec. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

NACHA Continues Forward With Same-Day ACH
December 10, 2014

After in-depth discussions regarding the need to speed the ACH process and alternative approaches, NACHA has issued an official Request for Comment for Same Day ACH. Released Tuesday (Dec. 9), the RFC outlines a proposal that would allow ACH payments to be cleared and settled...

Cybersecurity
New York Top Regulator Cracking Down On Cyber Security
December 10, 2014

Banks must—legally—view cyber security as a key part of risk management, said New York’s top banking regulator, according to a copy of a letter he sent to banks that have a New York state charter or license, the Financial Times is reporting. Get the Full...

2014 Hits And Misses – VC Style
December 10, 2014

As an end of year wrap-up, I thought I’d devote a few words to what the past year held for financial technology trends; a retrospective. Without further ado, some thoughts on how 2014 panned out. Get the Full Story Complete the form to unlock this...

Square Poaches Visa CMO
December 10, 2014

Kevin Burke, Visa’s Chief Marketing Officer for its core products, has jumped to Square where he will “head up acquisition channels,” according to a statement Square issued on Tuesday (Dec. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...