The biggest surprise in August’s retail sales numbers was actually of no surprise to Sarah Quinlan, SVP of MasterCard’s Market Insights. Quinlan’s read of those tea leaves all along pointed to continued spending. Yet Quinlan told MPD CEO Karen Webster that she’s not as convinced...
Payment network Ripple Labs just snagged is to U.S. banks closer to its goal of frictionless payments worldwide. CBW Bank and Cross River Bank, based in Kansas and New Jersey respectively, will be using Ripple to making global money transfers and payments. Ripple’s first partnership for the...
A tweet is about to joins pennies, eyelashes and stars on the list of things one can wish on. As a bonus, due a recent partnership between Amazon and Twitter, those commerce-based wishes made on tweets have a slightly better chance of coming true that...
If imitation is the sincerest form of flattery, than the brothers Sawmer (Marc, Oliver and Alexander), the three founders of Germany’s Rocket Internet, are the worlds most accomplished and sincere flatterers. Rocket is famous for taking successful, but exactly trademark or patentable, e-commerce ideas from...
Driving the streets of American right now are over 500 trucks packed to capacity with fashion, mobile boutiques cruising for customers with a new type of entrepreneur at the wheel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Last month, Amazon officially entered the mPOS market with Amazon Local Register, focusing on helping the local retailers get local sales data and, in turn, feed Amazon and use its platform offline. How big of a dent will the e-commerce giant make in space, and...
Kabbage is branching out from the merchants in search of working capital where it built its original business and is now looking to individuals looking for personal loads. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Apple Pay continues to roll on toward universal availability and it has made a big staff acquisition to move that process along in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Citi is finding that for a growing segment of consumers, the demand for physical paper checks has simply fallen to zero. Citi wants to reach those customers and earlier this week announced the launch of the Access Account, a checkless checking account with low or no...