News

Alibaba’s Cross-Border Move Hits 11 Countries
June 25, 2015

The eCommerce giant announced the expansion of its online retail initiatives through two big efforts: the launch of 11 new country pavilions on Tmall.com and the establishment of 26 cooperative partnerships between foreign embassies in China and the company’s group-buying platform. Get the Full Story Complete...

Acquiring
Two European Grocery Chains Form Major US Stake
June 25, 2015

Ahold and Delhaize announced yesterday (June 24) their intention to merge by mid 2016.  “Ahold Delhaize” – which is its new name – will count more than 6,500 stores, 375,000 associates and 50 million customers per week in the U.S. and in Europe. With a combined turnover of...

Modernizing B2B Payments Is A Team Effort
June 25, 2015

From the supplier enablement process to addressing client needs, the B2B payments arena is ripe with hurdles that may be preventing forward progress. PYMNTS sat down with Bill Hirsch, Vice President of Sales & Marketing at BirchStreet, to understand his views on how procure-to-pay solution...

US Credit Card Debt Ratio Sees 25-Year Low
June 25, 2015

The credit card debt ratio has finally shifted in favor of the consumer. 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....

It Pays To Be A Hacker — HackerOne Raises $25M
June 25, 2015

HackerOne, which offers a “bug bounty” service wherein companies can hire and pay hackers to locate product vulnerabilities, has raised $25 million in a series B round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Meet Europe’s Latest Digital Payments Network
June 25, 2015

One of the biggest hurdles of mobile payment adoption — besides breaking existing consumer habits — is the fact that there simply isn’t a consistency about where or how consumers can actually pay using their mobile devices. Get the Full Story Complete the form to unlock...

TSYS Tells Why Canadians Prefer Credit
June 25, 2015

The transaction processor released the results of its second annual Canadian Consumer Payment Choice Study today (June 25), which showed 46 percent of Canadian consumers prefer to pay using credit cards over other forms of payment. The results show an increase of 34 percent from...

Omni-Channel Retailers’ Biggest Fear: Fraud
June 25, 2015

As more consumers engage with retailers through multiple channels — with an ever-increasing range of payment methods and devices — retailers are faced with added challenges, including heightened exposure to fraud risk and increased complexity of fraud management. And, according to a recent ACI Worldwide study...

News
Taking Back Account Takeovers
June 25, 2015

We know what to do when cards are compromised – we cancel accounts and reissue new ones. But what happens when a consumer’s personal identity is compromised? That’s the topic we explore in this issue of The Digital Identities Tracker TM, powered by Oberthur. Find out...