Square has been hammered in the news lately about reports of massive losses, dwindling cash reserves and failed products. But leaked emails about its financials as reported by Fortune magazine reveal that its margin on processing isn't that bad and that it claims to be...
While most analysts interest in embattled retailer JC Penny’s was limited to wondering who would write the best obituary when the ailing former-giant finally collapse, the company did something rather surprising in the first quarter of 2014. It turned its sales around. Get the Full...
There’s so much data influencing the industry today that it can be hard to stay on top of everything. PYMNTS.com’s Friday Factoids are the perfect solution for innovators, entrepreneurs or observers trying to keep up with all the latest information. Get the Full Story Complete...
Once just an idea in an apartment at the high of the tech bubble and now the largest B2B trading platform in the world, Alibaba now could be the most humungous IPO in history. How did this transformation develop? We've made a handy infographic to...
Good news for Android users looking for a mWallet that can be used at pretty much any location a credit card can, Loop is now available in the Google Play store. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Competitor Alibaba may get all the attention but investors in home country rival Tencent had some reasons to feel fairly good about their pick this week. Though the company’s first quarter earnings are a bit of a muddle due to some highly complex deals and a...
The Mexican loan calamity; wherein Citiigroup’s Mexican extension Banamex loaned $400 million to a company that could not pay them back, has thus far has been equal part expensive, embarrassing and generally damaging for the company. The scandal has now has claimed its next round of...
More than just a home for daily deals and highly price-conscious shoppers, Groupon is aiming to be a major e-commerce player and a first choice web destination for consumer goods of all kinds. If only they didn’t then have to ship them to consumers. Get...
Sift, a company that prides itself on “forgetting the rules to fight data fraud,” has just closed an $18 million Series B round of funding led by Spark Capital, with participation from Max Levchin, Union Square Ventures and First Round Capital. Sift helps merchants identify credit card...
