News

Mobile
Amazon Tests Carrier Billing In Germany
September 18, 2014

Amazon has now started a trial of allowing shoppers to purchase apps and to make in-app purchases within Amazon’s app store and to then have those charges appear on their phone bills. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Why Alibaba’s B2B Model Doesn’t Work In India
September 18, 2014

While e-commerce giant Alibaba is enjoying the largest IPO in history today, it’s B2B e-commerce model struggles to find a foothold in what should be a natural jumping off point in its international expansion–India. Get the Full Story Complete the form to unlock this article...

B2B Payments
Counterfeit Invoicing Damages China’s Trade Growth
September 18, 2014

Fake invoiving and inflated export figures that it yielded have lead to slower growth rates in China’s trada data this year, which means Beijing is likely staring down missing its full-year external trade growth target of 7.5 percent. Get the Full Story Complete the form...

International
Alipay Presents Valuation Challenges Pre-Alibaba IPO
September 17, 2014

Alibaba may have raised its IPO share price range to as much as $68 due to investor demand, but it’s much harder to calculate how much the Chinese e-commerce giant’s payment affiliate, Alipay, is worth, according to the Wall Street Journal. Get the Full Story...

B2B Payments
Zooz, Alipay Partner To Give Merchants Worldwide Access To Chinese Consumers
September 17, 2014

U.S., European and Asian merchants wanting access to Chinese consumers and businesses now may enable customers in that country to pay using Alipay under a partnership payment-technology provider Zooz announced today with China’s popular online-payment service. Get the Full Story Complete the form to unlock...

What FIs Are Doing Wrong in Detecting Fraud
September 17, 2014

News about recent cyber attacks, especially on some of the biggest FIs boasting “rock-solid” security, has been nothing short of unsettling. Revathi Subramanian, Senior Vice President, Data Science at CA Technologies, recently sat down with MPD CEO Karen Webster to talk about why these attacks...

Merchant Innovation
Macy’s Latest Showrooming Weapon
September 17, 2014

Macy’s is launching its own mobile image-recognition app designed to let customers easily search for items on its ecommerce site by submitting a photo of an item from daily life, according to Mobile Commerce Daily. Get the Full Story Complete the form to unlock this...

International
Chinese Central Bank Whacks Third Party Wallets Over Bad Practices
September 17, 2014

China’s central bank has punished four payment processors for mishandling bank-card transactions. The processors — ChinaPNR, Fuiou, Yeepay and VBill — will stop doing business in up to 15 provinces by the end of this year until they convince the People’s Bank of China (PBOC)...

Merchant Innovation
Diapers.com Founder Raises Big Dollars To Get Back To Competing With Amazon
September 17, 2014

The old saying goes: if you can’t beat ‘em, join ‘em.  Diapers.com parent company (Quisidi) founder Marc Lore, who sold Diapers.com to Amazon for $550 M four years ago, is now looking to add a third part to that expression—then take their money and come...