Since the economic downturn of 2008, the lending industry has undergone a sea change of sorts, as established banks rethink their lending practices, as well as who receives the loans. While payday lending is seeing disruption by companies like SimpleFi, high-end pawnbroking is also experiencing a...
As reported in VentureBeat on Feb. 10, restaurant locator and media site Yelp announced that it has bought out online food ordering company Eat24. The deal, which was closed on Feb. 9 after approval from both companies’ executive directors, was for $75 million in cash and 1.4...
When it comes to credit card perks, the wealthy might not be that much different from the average guy, according to a survey done by CreditCards.com. Whether a consumer has $100,000 in the bank or just $1,000, cash back rewards appear to be the favored...
What do professional baseball, Google, political forecasting and retail all have in common? A love of big data. Whether that comes in the form of Billy Beane harnessing its power to build a better baseball team, Nate Silver taking all the fun out of the...
When most people think of commerce and Turkey, the first image that jumps to mind is probably of Istanbul’s Grand Bazaar (pictured below). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
This past summer, PYMNTS.com CEO Karen Webster explored the idea of innovation and what it means to be disruptive. As Webster noted, the term has become part of our everyday vocabulary to describe the products and services that help make our lives easier. But it’s...
Can iBeacons boost customer engagement? That’s what every major player in the retail market wants to know. But one smaller grocer is testing it out for themselves. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The big trend in payments is to move away from in-house payments processing systems to SaaS-based platforms that are easy to deploy, configure and enable new capabilities. What’s driving this trend, says i2c CMO Marc Winitz, is the need for both the control and flexibility...
E-commerce platform Bigcommerce is set to get a big bump from some Google talent. The firm announced Tuesday (Feb. 10) that it is welcoming Tim Schulz as its new chief product officer. Get the Full Story Complete the form to unlock this article and enjoy...