News

News
Venture Capital’s Best Year Since 2000: $48.3B
January 20, 2015

U.S. venture capital just had a huge year — in fact, 2014 was the biggest year for VCs since 2000, VentureBeat reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
China’s First Online Bank Finally Launches
January 20, 2015

China’s first experiment in online banking has finally opened its virtual doors — but for now, only for a select few, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Date-Backed Lending, Discrimination And The Future Of Financing
January 19, 2015

Lending standards as we understand them today tend to reflect a verdict about our past spending history.  In the future,  lending standards may be more tied to the things we are doing right now. Get the Full Story Complete the form to unlock this article...

Payments Industry Pairings and Partings In 2015
January 19, 2015

Here we are – 19 days into a new year and midway in the month known apparently as “divorce month.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Can Banks Embrace Their Inner Uber?
January 19, 2015

2014 was an exciting year for payments, and digital solutions played an important role in rewriting the rules of product design and customer engagement. Did anyone have a better September than Jack Ma, CEO and founder of Alibaba, whose business is largely online powered via...

Alibaba Looks to Use Alipay to Grow US-to-China Trade
January 19, 2015

Most Americans were unfamiliar with the Chinese company Alibaba until last September, when the e-Commerce giant launched its IPO to an eager Wall Street and started the talk of an upcoming showdown between Alibaba and Amazon for the wallets of the public. Get the Full...

Startup HelloSoda Hopes to Use Data to Predict Credit Fraud Before It Happens
January 19, 2015

As more transactions become digitized every month, either through the traditional swiping of credit cards of through more advanced payment methods like ApplePay, the risks of online fraud and damaged credit ratings become more pronounced. Currently, online fraud costs the economy over $190 billion a...

Bulk Buying App Boxed Brings In $25 M
January 19, 2015

With just 30 employees and three warehouses, Boxed, a mobile application for wholesale shopping, has raised $25 million in a Series B round of funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Chipotle And Apple Pay: Perfect Together?
January 19, 2015

The merchant reaction to Apple Pay has varied across the board since the platform’s release in October of last year.  Some, like Whole Foods, McDonald’s and Disney, jumped up ASAP and never looked back. Other merchants, notably those who have signed on with CurrentC, seem...