News

Financial Inclusion
Alibaba To Push Its IPO To September
July 18, 2014

International e-retail giant Alibaba has decided to push back its IPO to September, sometime after Labor Day.  According to the Wall Street Journal, the company did not see a reason to sprint toward an IPO set to coincide with the late summer market slow-down. Get the...

B2B Payments
Are Businesses Putting Misplaced Trust In Their Outdated Invoicing Systems?
July 18, 2014

While companies are continuing to convert to electronic invoicing and automation, some are still resisting the transition, according to a recent study. The “2014 eInvoicing Benchmark Report” by PayStream Advisors stated that the reasoning for the hesitation is often businesses having the mistaken assumption that their...

News
Rent The Runway Goes Subscription
July 18, 2014

Fashion retail site Rent the Runway is unique. For just $75 per month, users can rent designer handbags, sunglasses, scarves, outerwear, hats and pieces of jewelry. While the brand names used to include the likes of Eddie Borgo, Pamela Love, Balenciaga and Oscar de la...

Financial Inclusion
Apple iPayments Comes to U.S.
July 17, 2014

Earlier this week, PYMNTS reported that Apple was launching a new service in Japan that allowed users to load credit for purchases in the iTunes store using Apple retail establishments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Why More Isn’t Always Better In The B2B Payments Biz
July 17, 2014

Analysis/Paralysis. That’s what happens when businesses are presented with a portfolio of tools to solve their billing and payments problems. In fact, Eric Remer, founder and CEO of PaySimple says that their 8 years in serving this market has found it’s actually one of the...

Controversial
PayPal’s Gains Lead eBay’s Q2 Growth
July 17, 2014

eBay’s Q2 2014 results are out. PayPal was the standout player for the e-retailer with 4 million new active users, a 20 percent increase in annual revenue and an almost 30 percent annual increase payment volume growth. The rest of quarter for eBay? The company...

International
China Gives Its First Foreign E-Payment License
July 17, 2014

China has recently issued 250  new electronic payments licenses in five batches to various operations nationwide. But there is one stand-out award in the newest batch, reports Seeking Alpha, that should catch the eye of anyone interested in the future of electronic payments in China. Get...

Mining Pool Limits Its Own Power For The Greater Good Of Bitcoin
July 17, 2014

Yesterday popular bitcoin mining pool GHash.IO announced in a statement that in the future it will “not exceed more than 39.99 percent of the overall Bitcoin hashrate.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Alternative Finances
Retail: Even Warren Buffet Finds It Baffling
July 17, 2014

Retail, the one area where Warren Buffet describes his own track record as “awful,” “pretty bad” or “really bad,” reports The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...