News

Europe
German Tech Replicator Rocket Heading Toward ~$2B IPO
September 25, 2014

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...

What Fashion Trucks Deliver Besides Clothes
September 25, 2014

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...

Company Spotlight
Is Amazon the Trojan Horse Into mPOS Turf?
September 25, 2014

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...

Alternative Finances
Kabbage Aims To Konquer Konsumer Loans With Karrot
September 25, 2014

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...

Europe
Visa Europe’s NFC Head Jumps Ship To Apple Pay
September 25, 2014

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 —...

Alternative Finances
Citi Ditches Paper Checks
September 25, 2014

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...

Mobile
Restaurant Tablet Payment Firm E La Carte Raises $35 Million
September 25, 2014

For those investors hungry for some tablets-in-restaurants payment action, E La Carte offered some apparently tasty shares as it raised $35 million for a global expansion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Putting B2C Methods To B2B Online Sellers’ Use
September 25, 2014

B2B sellers can provide a better online experience by defining “customer personas,” or profiles, that can help them identify the priorities of individual personas and tailor the eCommerce experience to meet their needs, one online seller noted in a recent commentary. Get the Full Story...

B2B Payments
Audit Finds DOT Travel Card Misuse
September 25, 2014

In fiscal 2012, U.S. Department of Transportation (DOT) employees spent $175 million using government-issued travel cards. Problem was, some employees given the cards spent a combined $183,000 on cash advances and $2.1 million on purchases unrelated to government travel, according to a new report from...