News

Alibaba Cracks Down On Vendor Bribery
March 27, 2015

Alibaba was accused in February by Chinese regulators of accepting bribes from merchants to earn a better spot on the site, but has adamantly denied such claims. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Europe
EU Investigating eCommerce Trade Practices
March 27, 2015

The European Union will spend a year studying why online shoppers in the 28-nation Euro zone don’t often buy products outside their own countries in what’s supposed to be a single digital market, the EU’s competition commissioner announced on Thursday (March 26). Get the Full...

Financial Inclusion
Ant Financial’s Money Market Fund Users Quadruple
March 27, 2015

Alibaba’s money market fund Yu’ebao has added more than 140 million users in the past year and reversed a brief slide in the amount of money it manages, according to Tech in Asia. Get the Full Story Complete the form to unlock this article and...

International
Rocket Internet-Backed Cleaning Startup Sweeps Up $47M
March 27, 2015

Helpling, a home-cleaning startup backed by Rocket Internet, has picked up another €43 million ($47 million) to keep expanding, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
Is Amazon Buying A High-End Fashion E-Tailer?
March 27, 2015

Amazon is in “ongoing talks” to buy high-fashion online retailer Net-a-Porter for as much as $2.2 billion, Women’s Wear Daily reported on Thursday (March 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

House Committee Says Yes To Data Breach Bill
March 27, 2015

Federal legislation to require reporting of a data breach within 30 days has passed its first milestone on the way to becoming law, but not everyone is happy with the details, The Hill reported on Thursday (March 26). Get the Full Story Complete the form...

Mobile
Facebook Developing IoT Platform
March 27, 2015

While Facebook’s F8 developer conference in San Francisco this week had plenty of payments- and eCommerce-related news, one set of announcements that didn’t seem to have much to do with money, retailing or even Facebook’s bread-and-butter advertising business was the social network’s unveiling of new...

CFPB Goes After Payday Debt Traps
March 26, 2015

The Consumer Financial Protection Bureau might be taking on payday debt traps. 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...

Zycus Nabs Two B2B Procurement Tech Patents
March 26, 2015

Procurement technology innovator Zycus isn’t slowing down its product development, and the firm is protecting those new products with patents. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....