News

How To Make Big Data Fast Data
November 06, 2014

What’s the point of having access to “big data” if it takes too long to turn it into actionable data? Retailers today don’t have the luxury of long cycles to collect, share and analyze incoming customer data given the pressure to make quick decisions to...

International
How Rakuten’s Strategy Differs From Amazon
November 06, 2014

Rakuten has been referenced as the “Alibaba of Japan,” and though it didn’t gain the same attention as the Chinese e-Commerce giant in the third-quarter earnings season, the Tokyo-based e-commerce and Internet company had its own set of solid figures in the global marketplace as it reported a stronger...

Online and Mobile Still Not That Popular For Holiday Shopping
November 06, 2014

As merchants push to be the top online retailer leading into the holiday shopping rush, November’s Chain Store Guide Consumer Spending Report shows a majority of consumers won’t be shopping online or using their mobile device to make purchases this holiday season. Get the Full Story Complete the...

B2B Payments
Nuclear Power Provider Makes Switch To E-Procurement
November 06, 2014

Energoatom, the Ukraine’s state-owned nuclear power plant operator, has signed a memorandum on the creation of a “transparent and efficient public procurement system.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Basware Adds New CFO
November 06, 2014

Niclas Rosenlew will be the new Chief Financial Officer and member of the Executive Team at Basware, the leading provider of e-invoicing and purchase-to- pay solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

MCX CEO Comes Up With Reasons To Use His Service
November 06, 2014

After several days of defensive interviews about merchant restrictions and an E-mail data breach, the CEO of MCX is finally talking up advantages for shoppers to try the CurrentC system to be rolled out next year. Get the Full Story Complete the form to unlock...

News
Money-Laundering, Russian Style
November 06, 2014

Several close aides to Russian President Vladimir Putin are now the target of a U.S. Justice Department probe into an elaborate money-laundering scheme involving the U.S. financial system, the Wall Street Journal is reporting. Get the Full Story Complete the form to unlock this article...

Braintree CEO: Have An E-mail? Have An Account
November 06, 2014

PayPal unit Braintree will be letting European merchants sign up using only an E-mail address, URL and short company description, TechCrunch reported, adding that the company is also promising to waive any commissions for the first $50,000 worth of transactions in Europe. Get the Full...

Square’s Number Of Transactions Now Top One Billion
November 06, 2014

Taking a page from McDonald’s legendary XX billions of hamburgers served signs, Square founder Jack Dorsey tweeted on Wednesday (Nov. 5) that a Sacramento merchant has recently accepted Square’s one-billionth swipe through Square. Get the Full Story Complete the form to unlock this article and...