News

B2B Payments
The Sunshine Act: Promising Clarity, Delivering Confusion
August 04, 2014

  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 our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS...

BlueSnap
Cross-Border’s $4 Trillion Problem
August 04, 2014

Four trillion dollars worth of merchandise will be abandoned online globally this year. And that's just the tip of the iceberg. MPD CEO Karen Webster, BlueSnap CEO Ralph Dangelmaier and iGlobal President Clint Reid will discuss how retailers can get their share of that -...

B2B Payments
PYMNTS Innovation Investment Tracker
August 04, 2014

There’s lots of stuff published on who’s funding what across all technology sectors worldwide. We thought it would be useful to provide you with a weekly update on who’s investing what in the retail and commercial payments and financial services sectors. Get the Full Story...

News
The Winklevoss Brothers eCommerce Bet, Hukkster, Shuts Down
August 04, 2014

For Hukkster, it was a good run, until it wasn’t.  The e-commerce supporter app allowed users to to tag items online they were interested in buying and then receive alerts when those items went on sale. Get the Full Story Complete the form to unlock...

International
Airbnb Pulls In Almost Half-Billion Dollars In Funding
August 04, 2014

A new SEC filing confirms Airbnb has locked down $475 million in its latest funding round. This should give the company a $10 billion valuation, reported The Wall Street Journal, “making it one of the most valuable venture-backed companies in the world.” Get the Full...

MoneyGram’s Q2 Earnings Demolished
August 04, 2014

MoneyGram International Inc. is feeling the impact of Walmart’s recent launch of a competing U.S.-to-U.S. white label funds-transfer service, as domestic transfers for the company initiated at Walmart stores declined 31 percent and revenues dropped 33 percent during the second quarter, the Dallas-based company reported...

News
FTC How-To Guide For Ripping Off Card Brands
August 04, 2014

A lawsuit from the U.S. Federal Trade Commission filed against a group of ISOs on Wednesday (July 30) reads like a how-to guide for ripping off the card brands, as it details the fraud techniques the ISOs are accused of using to sidestep Visa and...

Mobile Commerce
OpenTable Acquires Restaurant Analytics Firm
August 04, 2014

OpenTable—pioneers in the field of mobile reservations—have acquired Copilot, and analytics service that allows restaurants to track their business activity versus that of their competitors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Controversial
CFPB Weighs In (Again) On Overdraft-Protection Policies
August 04, 2014

Issuer overdraft protections over the past few years have grown in notoriety, with many issuers early on adding the fee-based service to customer accounts without their knowledge or through communications that were unclear or hidden in lengthy documents. In 2010, the Federal Reserve banned depository...