Predictive analytics firm Context Relevant has secured backing from some familiar banking players. The $13.5 million in new funding, on top of $21 million announced four months ago, comes from Bank of America Merrill Lynch, Bloomberg Beta, Goldman Sachs, Formation 8 and New York Life,...
The District Attorneys of Los Angeles and San Francisco are threatening three prominent mobile ride services—Uber Technologies, Lyft and Sidecar—with injunctions and accused them of violating California law. The accusation is that the services are “misleading customers about how thoroughly (they) check the criminal backgrounds...
A few years removed from the daily slog of the B2B industry, CEO of Software Platform Consulting and former SVP of Ariba Bob Solomon boldly asserts that not much has changed in his former business landscape. So how are B2B thought leaders meant to innovate...
Giving itself a B2B shot in the arm boost, the DAWA pharmaceutical group has signed a deal for ERP software from SAP Africa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A $1 billion supply chain overhaul is fueling sharp cost savings for Australia’s largest retailer. Woolworths’ supply chain fixes, dubbed Mercury II, are aimed at cutting the cost of merchandise transportation. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Apple Pay may be the catalyst that mobile payments needed to get the payments ecosystem cranking, but that’s not all it did. It’s launched a whole new focus for the largest payments network in the world – tokens and data. Visa’s mobile chief, Bill Gajda,...
The Magic of the Camera Phone in Mobile Payments 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 newsletter, PYMNTS Today. By completing this form,...
The biggest surprise in August’s retail sales numbers was actually of no surprise to Sarah Quinlan, SVP of MasterCard’s Market Insights. Quinlan’s read of those tea leaves all along pointed to continued spending. Yet Quinlan told MPD CEO Karen Webster that she’s not as convinced...
Payment network Ripple Labs just snagged is to U.S. banks closer to its goal of frictionless payments worldwide. CBW Bank and Cross River Bank, based in Kansas and New Jersey respectively, will be using Ripple to making global money transfers and payments. Ripple’s first partnership for the...
