Tencent, the Chinese Internet giant that’s been trying to make a splash against its country’s E-commerce giant Alibaba, doesn’t seem to be keeping up with its plan as Tencent’s third-quarter earnings report shows the company posted a 81 percent decrease year over year in its E-commerce...
New debit-card regulations from the Consumer Financial Protection Bureau won’t just cover reloadable plastic cards, but also payment services like PayPal, Venmo, Square Cash and Google Wallet, according to Bloomberg Businessweek. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Leading into the holiday season as the retailer who has turned Black Friday into a five-day event, Walmart’s third-quarter earnings showed the world’s largest retailer posted its first sales growth for the first time in nearly two years, led in large part by growth in its global...
With an ever-increasing list of Know Your Customer regulations for banks doing international funds transfers, financial messaging network SWIFT is developing a new report to help banks spot red flags and problem customers using an analysis of SWIFT traffic.
When the telco-based mobile wallet ISIS (from AT&T, Verizon and T-Mobile) recently changed its name to Softcard, it was done partially to distinguish itself from the al-Qaeda offshoot terrorist group with the same name, standing for the Islamic State of Iraq and Levant. But the...
Amazon Web Services rolled out on Thursday (Nov. 13) a compute service that runs developers’ code in response to events and automatically manages the compute resources for them, one that the company dubbed AWS Lambda. But one of the companies Amazon chose to highlight is...
Having a tight grasp on your business’s finances would seem a requirement to run a successful small business. But new research shows just how little those business owners actually know when it comes to accounting – and how Intuit is hoping to change that. Get...
When Tapinator, which develops mobile games, announced Thursday (Nov. 13) that it had acquitted InAppFuel, a mobile casino business, it had interesting implications for payments. Although in-app purchases in gaming represents serious dollars, the online gambling world represents serious payments difficulties, with some cards refusing...
Apple CEO Tim Cook took the stage with the WSJ’s Gerard Baker at Wall Street Journal Live to discuss the growth of Apple and the new products. In the Q&A, Cook cautioned retailers about the new Apple Pay solution: You will only stay relevant if...
