News

Mobile Commerce
Delivery Startup Magic Explodes In Its First 48 Hours
February 24, 2015

A Silicon Valley startup called Magic, which promises to deliver anything a customer wants anywhere in the U.S. (as long as it’s legal, physically possible and not too “unusual”), has already logged 17,000 requests in its first 48 hours of operation, TechCrunch reported on Monday...

International
Lawsuit: Alibaba Hid Regulatory Investigation Before IPO
February 24, 2015

First it was Chinese authorities investigating Alibaba for letting fake and substandard goods be sold through its online marketplaces. Then the Securities and Exchange Commission wanted to know why Alibaba didn’t reveal that investigation before its record-setting, $25 billion IPO last September. Now — with...

Mobile Commerce
Google Buys Softcard Technology And Buries The Brand
February 24, 2015

Google has effectively acquired Softcard, the mobile payments system backed by Verizon, AT&T and T-Mobile, and will pay the mobile carriers to enable Google Wallet on the Android smartphones they sell, the companies announced on Monday (Feb. 23). Get the Full Story Complete the form...

The Global Cost Of Anti-Money-Laundering Efforts
February 24, 2015

Global efforts to prevent money laundering are both ineffective and incredibly expensive to maintain — and poor countries are the ones hit hardest by that cost, according to a commentary for Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...

World’s Largest Hotel Owners Group Launches B2B Card Program
February 23, 2015

The world’s largest hotel owners’ group is partnering with the First National Bank of Omaha to launch a new credit card program aimed at B2B clients who need to manage cash flow and make major purchases on the fly. Get the Full Story Complete the...

B2B Payments
Basware Enters the Early Payments Game
February 23, 2015

Basware has become a well-known name for payment and invoicing solutions in the B2B segment, offering solutions for digitizing and automating procurement processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Concur Lets Starbucks Buyers Expense Purchases, Receive Rewards
February 23, 2015

Starbucks is often mecca for the business crowd, fueling operations and housing out-of-office meetings. Now, the coffee chain will aid businesses that must expense all of those mid-morning caffeine boosts, and extend its reward system to those customers, too. Get the Full Story Complete the...

Microsoft, Apple Rivalry Spills Into B2B Market
February 23, 2015

From computers to smartphones, Microsoft and Apple have ushered in the era of technological innovation with their never ending rivalry. Now, the two have launched combat on a new battlefield: the B2B market. Get the Full Story Complete the form to unlock this article and...

The EU’s Path to Cloud Regulation
February 23, 2015

By the end of 2015, Europe could change the way data is transferred across its Member States. The European Commission is knee-deep in exploring cloud computing regulations that would span the EU, but cloud technology often sparks fear of privacy breaches – especially within small...