Lookout, a San Francisco security app, has just taken in $150 million in new funding in a new round led by T. Rowe Price. Also joining in the round were Goldman Sachs, Morgan Stanley Investment Management, and Amazon’s Jeff Bezos’ Bezos Expeditions. Previous investors have...
Online-customer retention start-up Windsor Circle said Tuesday that it has closed $5.25 million in a second round of institutional funding, VentureBeat reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Thus far, it appears, American Express’ Serve hasn’t put much of a dent in Green Dot’s performance, but the prepaid market appears ripe for a good ole fashioned feud between the two companies. Although pricing has yet to play out, Amex’s low-cost proposition and free...
Facebook will be giving its advertisers a new peek into ad efficacy with the release of a new report that will shows when and how often advertisements push users to complete a purchase on a different web-enabled device. Get the Full Story Complete the form to...
Glossy fashion magazine Lucky, which has been teetering on the brink of going digital or folding entirely, has proved true to its name. Publisher Conde Nast said on Monday (Aug. 11) that it is spinning the magazine off into a joint venture with subscription shopping...
Asia’s largest eCommerce players like what they see in the U.S. First, China’s Alibaba announced plans for a U.S. IPO and has since launched the 11 Main online marketplace here. Now Rakuten, Japan’s largest online retailer, appears to have its own U.S. plans. The addition...
Merchants who use PayPal will soon get real-time sales reports on the PayPal mobile app, eBay’s e-payments subsidiary announced on Tuesday (Aug. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Worried about new age cab competitor Uber, a group of taxi firms in India are trying a creative legal attack on Uber and it all revolves around payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A Tennessee bank is being sued by a corporate customer following a $327,000 cyberheist involving the company’s payroll. The twist is that the bank is accused of bypassing its own security procedure—involving a recorded phonecall from the bank to the customer confirming large transfers—a move...
