News

Europe
UK’s Second Biggest Grocery Chain Rebuffed In Acquisition Attempt
January 06, 2016

In U.K. retail intrigue news, the U.K.’s second largest supermarket group, Sainsbury’s, has been shot down in its takeover attempt for Argos and Homebase Owner Home Retail Group.  Sainsbury’s reportedly made the move in November 2015, but it was rejected. Sainsbury further noted the deal...

B2B Payments
eProcurement Is Surpassing Expectations
January 06, 2016

Analysts have been predicting the rise in online procurement for several years now, with B2B eCommerce slated to reach a $1 trillion valuation by the end of the decade. That’s impressive growth, but even so, the latest data says that the actual performance of the...

B2B Payments
Forecasts Call For Supplier Card Acceptance
January 06, 2016

It’s prediction and forecasting season with the start of the new year. In B2B, 2016 seems to be the year of commercial cards, with new research and analysis emerging regarding the hopeful rise in card acceptance among suppliers and vendors. Get the Full Story Complete...

B2B Payments
B2B Shopping Site Earns IndiaMART Backing
January 06, 2016

B2B eCommerce platform IndiaMART has just made a significant investment in one of its peers. According to Tuesday (Jan. 5) reports by VCCircle, the India-based company has provided angel investment for ProcMart, a procurement site for businesses in need of office supplies. Get the Full Story...

Amazon’s B2B Side Sees Holiday Bump
January 06, 2016

There’s no way around it: Amazon nailed the Christmas game, having released some rare statistics into its success, including data that at least 3 million new Amazon Prime subscribers were added during the holiday season. Get the Full Story Complete the form to unlock this...

B2B Payments
How To Catch A Wolf In Supplier’s Clothing
January 06, 2016

If you want to catch a thief, follow the money. In B2B payments, that money is moving into the digital realm, meaning cyberthieves are, too. With these criminals using electronic paths to steel corporate cash, the age-old scam of fraudulently posing as a supplier seeking...

MasterCard’s Wearable Payments Breakthrough
January 06, 2016

MasterCard’s digital philosophy is that every device could be a commerce device. And, they’ve been pretty focused on bringing that to life over the last year – with watches, wearables, keychains, dresses, sunglasses, gloves, rings – and as we saw yesterday, even refrigerators. Get the Full Story...

Point of Sale
Is mPOS Becoming A Seller’s Market?
January 06, 2016

The mPOS market is expected to grow at a rate of 50 percent annually — and that’s just in America. To enable this ease, companies are working to get mPOS devices agile and ready to accept all forms of payments. The PYMNTS mPOS TrackerTM for...

Merchant Innovation
IoT’s Next-Gen Of Wi-Fi
January 06, 2016

The very fact that connecting every device, appliance and machine in a home and across a city seems like a plausible development within the next few years should be proof of the progress the Internet of Things has accomplished so far. However, it might take...