News

Alibaba Moves To Bring Smartphones To Rural China
April 27, 2015

China Telecom – the nation’s largest telecom operator – has officially teamed up with Alibaba to roll out low cost ($48) smartphones to citizens in rural China. The deal with China Telecom – and access to its 186 million subscribers – is part of a...

Why eCommerce Needs A Foot In The Real World
April 27, 2015

As PYMNTS noted last week, there’s no shortage of quantitative data on the Internet. It’s barely an exaggeration to state that whatever statistic one needs – no matter how obscure – someone has gathered it and posted it on the Web somewhere. The problem isn’t finding...

Merchant Innovation
Need To Know What’s Hip This Season? Google’s Got Your Back
April 27, 2015

While Americans looking for sartorial advice might not think to themselves that a bunch of computer programmers in Northern California would be their go-to source for advice on what is fashion’s cutting edge, it seems Google is not content to just answer all of America’s...

200K eCommerce Sites At High Risk For Hack
April 27, 2015

New data from Check Point Software Technology shows that there may be have been a “massive vulnerability” in the Magento eCommerce Platform that could have a significant impact on the security of the eCommerce Market. Get the Full Story Complete the form to unlock this article...

Citi And AT&T Connect For Co-Branded Card
April 27, 2015

Citi and AT&T have brought another co-branded card to the market, the companies announced last week. 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...

Google Glass Not Dead Yet —Italian Eyeglass Company Set To Revive It
April 27, 2015

Google Glass may have a second life — with a little thanks to an Italian eyeglass company named Luxottica, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

News
India IT Firm Picks Up eCommerce Provider Kallidus For $120M
April 27, 2015

Infosys, an India-based consulting and IT firm, recently announced it has paved its way further into the digital eCommerce market with the acquisition of U.S.-based Kallidus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

News
DDoS Attacks Cost Banks Up To $100K Per Hour
April 27, 2015

Denial-of-service attacks against financial networks are increasing, and recent reports say they’re costing banks as much as $100,000 per hour, according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fortumo Grabs Google EMEA Payments Chief
April 27, 2015

Mobile payments startup Fortumo has hired Google payments veteran Tim Carter as its chief revenue officer, the company announced on Friday (April 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...