News

Mobile Commerce
Loup New Service: More Reliable Than A Bus, Cheaper Than A Car
December 03, 2014

In what is at least the third mobile-enabled scheduled-car alternative to San Francisco buses, a startup called Loup is selling space in black sedans that repeatedly travel the exact route. The cost? Between $2.50 and $6, depending on the portion of the route. Get the...

Payment Methods
Amazon Prepares CEO Succession
December 03, 2014

Amazon has selected a replacement for CEO Jeff Bezos, Bezos told an audience Tuesday (Dec. 2), but the identity is confidential. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
RadioShack Fighting With Its Lenders
December 03, 2014

As the struggling RadioShack chain is trying to restructure and survive, the last thing it needs is a public battle with its lenders. And yet, the last thing one needs is sometimes exactly what happens—and such is the plight of RadioShack. Get the Full Story...

Payment Methods
AribaPay Ignites B2B Payments
December 03, 2014

Ariba, an SAP Company, announced Tuesday (Dec. 2) that more than $1 billion in B2B payments have been made to almost 1,300 suppliers using AribaPay, a cloud-based payment service launched in July by Ariba and Discover. Get the Full Story Complete the form to unlock...

Apple Pay
Stripe Valuation Hits $3.5 Billion
December 03, 2014

Online payments vendor Stripe on Monday (Dec. 1) is seeing its valuation double in less than a year, to $3.5 billion, after it closed a $70 million fundraising round, according to a story in The Financial Times. Get the Full Story Complete the form to...

Cyber Monday Sales Jump Almost 16 Percent
December 02, 2014

After a disappointing Black Friday, retailers saw E-Commerce sales jump 15.6 percent on Monday (Dec. 1), aka Cyber Monday, compared with the same day last year. That stat comes from Channel Advisor, which tracked transaction data for more than 2,700 retailers selling online between midnight...

Intel’s New Security Play
December 02, 2014

In its continuing efforts to expand and strengthen its security business, Intel has purchased digital identity management software makers PasswordBox. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

News
New App Lets Musicians Collect Digital Tips From Fans
December 02, 2014

Most city-dwellers are familiar with street musicians, the performers for the people who strum guitars, play pan pipes and sing with varying degrees of tunefulness at tourist attractions and on subway platforms nationwide.  To finance their art, many put out a hat to catch tips...

Uber Hailing Goldman Sachs Clients For Investments
December 02, 2014

Cab colossal Uber has retained Goldman Sachs in an attempt to raise money from Goldman’s wealthier customers, Fortune is reporting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....