China’s Ministry of Industry and Information Technology stated that it will allow foreign ownership of some eCommerce businesses, a move that Reuters said Friday (June 19) would encourage foreign investment in the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Another restaurant business is investing in a mobile payment platform. 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...
GoFundMe, the crowdfunding platform that helps users raise cash for any number of events, has raised an undisclosed amount of money from an investment led by a number of venture capital and equity firms. Get the Full Story Complete the form to unlock this article...
Cybersecurity firm FireEye has traced the roots of the massive cyberattack on the U.S. Office of Personnel Management (OPM) last year to an unnamed group of Chinese hackers that specialized in stealing “personally identifiable information,” or PII data. Get the Full Story Complete the form...
Australians are banking on their smartphones and plan to ditch their debit and credit cards for their mobile device within 18 months, according to a recent Australia-based Fair Go Finance survey, conducted between March 30-April 15, 2015. And around 11 percent said they would use...
While innovation is generally welcomed with open arms by most, it’s also bound to shake things up. And in Canada, it’s done just that, as fast-paced innovation on the mobile payments front is causing banks to take one step forward and then two steps back. Get the...
Spot might come across as yet another app for finding food, sightseeing, shopping and reviews, but Uber’s co-founder Garrett Camp, whose incubator just funded the company, is promising a lot more. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Since the U.S. Government announced a massive security breach on its U.S. federal computer networks at the beginning of June, new information on its origin and spillover effects make the headlines each week. Last week, The Washington Post reported that the hackers, which were reportedly sponsored...
Who would have thought that hair extensions were a profitable market? Not Andreessen Horowitz — initially. 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...
