Remittances to developing countries are expected to reach $435 billion this year, representing a 5 percent increase over 2013. Remittances also grew faster this year–in 2013, the annual growth rate was around 3.4 percent. The main drivers for growth were Asia and South America. Get...
Fraud has become a “Whac-a-Mole” game – when fraud is whacked in one area, it pops up in another, says Stephen Ryan, Senior Vice President of Business Development at Brighterion. One of the reasons why fraud solutions on the market today aren’t effective is that...
More than one out of every three (35 percent) shoppers today use mobile devices as part of their purchasing process, a 10 percent hike from 2012, according to new results from a shopper behavior study. Much of the change comes from sharp increases from three...
EBay on Monday (Oct. 6) said it would support a fine art auction with some of New York City’s top art galleries—Swann Auction Galleries, Doyle New York and Freeman’s—as consumers are showing a willingness and a comfort to spend a lot more online. Get the...
Despite Bitcoin prices taking a tumble as of late, Silicon Valley still seems to have an appetite for the digital currency. Blockchain, a Bitcoin wallet provider with British roots, has locked in $30.5 million in funding, backed by Lightspeed Venture Partners and Wicklow Capital, according...
Curbside, the mobile shopping startup, is using $9.5 million in seed and Series A funding to help shoppers do same-day pickup, which is a hybrid between mobile shopping and in-store. Ideally, it combines the convenience of M-Commerce with the immediacy of in-store, with shoppers driving...
Loanz, a private credit platform focusing on peer-to-peer lending, has wrapped up a $2 million seed financing effort. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Reporting Tuesday (Oct. 7) that it’s operating profit plunged as much as 61.8 percent, as it battles Apple in the smartphone market that it once dominated. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
U.S. Bank said on Monday (Oct. 6) that it has signed up more than 5,000 carriers to use the Freight Bill Lookup online tool for the bank’s freight-payment trade finance service. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
