Alibaba has spent more than $160 million (1 billion yuan) combating counterfeit goods and improving customer protection since the start of 2013, the company said Tuesday (Dec. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A federal judge won’t dismiss a customer lawsuit against Target in the wake of the December 2013 data breach that exposed 40 million payment cards and personal details for 70 million customers, Bank Info Security reported. Get the Full Story Complete the form to unlock...
Google is gaining ground in the market for same-day package deliveries, stepping up competition with Amazon.com, eBay and a host of startups during the holiday shopping season, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
U.S. shoppers spent $42 billion during the last weekend before Christmas, up 2.4 percent from 2013’s $41 billion, Bloomberg News reported on Tuesday (Dec. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
With the end of 2014 approaching, some major retailers will apparently be missing their year-end deadlines to be able to accept Apple Pay. But one unexpected merchant has already gone live with Apple’s mobile payment system: the Los Angeles County Department of Public Works now...
241 years ago last week, the British colonies in North America decided to spark the Revolutionary War by disrupting commerce. This was not disruption in the positive modern sense, it was old school disruption involving a lot of very expensive tea going into Boston Harbor....
By all accounts, 2014 was the year of the “on-demand” economy. Ride-sharing service Uber recently closed out a $1.2 billion funding round, placing the start-up’s total valuation at $41 billion. That represents an almost tripling of the company’s value – a half a year ago Uber...
Though retailers and venues have been adopting Apple Pay, the service’s real strength so far seems to be in the area of in-app purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Alibaba’s spectacular, $25 billion IPO earlier this year made many of its former employees sudden millionaires. Now, the company’s Executive Chairman Jack Ma is encouraging his old team to spend their earnings wisely – and preferably on Chinese startups. Get the Full Story Complete the...
