News

US Government Forming New Agency To Combat Cyberthreats
February 11, 2015

A new government agency is being formed to protect the U.S. from cyberattacks in both the public and private sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Did China’s Union Pay Make Apple Pay Deal?
February 11, 2015

The iOS 8.3 operating system has a lot of new developments that should make Apple users happy. CarPlay is being upgraded so iOS can be operated on the car dashboard without need of a USB port, and the Xcode 6.3 operating system now comes with...

IBM Sues Priceline Over E-Commerce Patents
February 11, 2015

The only travel involving Priceline that IBM plans to take is to the U.S. District Court in Delaware. 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...

Merchant Innovation
Shell Pumps PayPal For Mobile Payments
February 11, 2015

Tired of having to get out of the car in the middle of winter to pay for gas? Thanks to a new partnership between PayPal and Shell, payments for filling up can now be done via smartphones, sources from both companies announced. Get the Full...

International
Rocket Internet-Backed ePawn Shop Raises $19M
February 11, 2015

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...

Yelp Acquires GrubHub Rival For $134M
February 11, 2015

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...

Survey: The Wealthy Also Like Cash Back Rewards
February 11, 2015

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...

Rubikloud Wants To Make Big Data Useful And Easy At The Same Time
February 11, 2015

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...

The Changing Face Of Turkish Commerce
February 11, 2015

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...