News

Hyperwallet Upgrades Payments Experience With Fragmob Deal
May 29, 2015

Hyperwallet has formed a new partnership with mobile application provider Fragmob that integrates Hyperwallet’s commission payments platform into Fragmob’s mobile app. 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...

Consumer Review Startup Nabs $73.5M
May 29, 2015

Copenhagen-based Trustpilot, a consumer review company for online shoppers, announced yesterday (May 28) that it raised $73.5 million in a Series D investment round, bringing its total investment to $118 million. The round was led by the private equity firm Vitruvian Partners. Previous investors DFJ Esprit,...

ACLU Says Feds Should Incentivize Cybersecurity Reporting
May 29, 2015

In an effort to uncover security flaws in government computer systems – and of course fix those flaws – the American Civil Liberties Union has recommended that federal officials reward people who report those very glitches. Get the Full Story Complete the form to unlock...

Amazon Sweetens Up Prime With Free Same-Day Delivery
May 29, 2015

Amazon has made it pretty clear that it’s going to reward its Prime customers with ongoing perks. And yesterday (May 28), Amazon announced another perk that will ensure its Prime Customers can get the most out of their shipping experience by delivering same-day packages for free,...

China’s Alipay Recoups Following Site Outage
May 29, 2015

Alipay, the Chinese online payment platform, was offline for roughly two and a half hours Wednesday (May 27), which has raised questions about the site’s existing backup and contingency protocols, Caixin Online reported Thursday. The company is owned by Ant Financial Services Group, which is in...

Alternative Finances
Koho Banks $1M To Make Millennials Want To Bank
May 29, 2015

Koho, a Candian banking platform, closed a $1 million seed yesterday (May 28), according to a press release. This is great news for Canadian millennials, who are lucky to have a bank made just for them. Koho’s investor pool includes Joe Canavan, Ferst Capital, Hedgewood, Highline...

Merchant Innovation
Milk. Cereal. Baby Food: Amazon’s Ingredients For A Private Label Play
May 29, 2015

Amazon, in its ongoing campaign to sell everyone everything, is getting ready to launch a slew of private label brands which will include foodstuffs such as milk, cereal, and baby food, as well as household cleaners, people familiar with the matter told The Wall Street Journal. Amazon...

Fighting Fraud by Following the Customer
May 29, 2015

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The Online Payments Jungle
May 28, 2015

When it comes to outfitting businesses to accept online payments, it is not a one-size-fits-all operation – especially when dealing with small- and medium-sized businesses. That’s what Mark Henkel, CEO of Paymill, often deals with. He shared with PYMNTS his perspective on the challenges of...