PYMNTS Summer School 2014 kicked off yesterday featuring a slew of engaging discussions on the evolution of retail, on the retail business model and what needs fixing, and on a live case study on ShopRunner, during which attendees analyzed the company while ShopRunner CEO Scott...
Prepaid programs have long been criticized for its hidden and excessive fees, the “cost of doing business” with a customer base that is subject to lots of churn and requires a lot of customer service. Patricia McPeak, i2c’s VP of Products, acknowledges that the industry...
Amazon on Wednesday (Aug. 13) introduced its own mPOS package—to be called Amazon Local Register—and focused on the tune it knows that SMB retailers want to hear: lower merchant fees than Square and PayPal Here. Get the Full Story Complete the form to unlock this article and...
Preparing to leverage its success in the taxicab arena, Uber is preparing a public API that would allow developers to throw a similar “request button” on an unlimited number of apps, TechCrunch reported Tuesday (Aug. 12). Get the Full Story Complete the form to unlock...
RCI Banque group RENAULT, an issuer of auto loan asset-backed securities in Europe,announced last week that it had selected b-pack as its procure-to-pay solution. According to a b-pack press release, the company’s cloud-based SaaS solution was implemented at RCI. The goal is to help reduce...
Chinese government procurement lists have not banned Apple products, according to a Reutersreport from last week. Originally, the rumor was that the popular laptops and tablets were blacklisted because of national security concerns. However, China’s Central Government Procurement Centre, the finance ministry and Apple have...
Rocket Internet’s FoodPanda food delivery service has pulled in another $60 million in a new round of funding. The investment, which was announced on Monday (Aug. 11), came from new investor Falcon Edge Capital along with Rocket Internet AG. This series D round brings FoodPanda’s...
Publicly, all retailers have—historically—said that data breach disclosures need to happen quickly and publicly. Privately, though, IT and security specialists have long questioned the point of such disclosures, especially the early ones. The initial reports are almost always wrong, shoppers can't do anything useful with...
If consumers get upset with their banks as rules tighten, will credit unions benefit? Credit unions are arguing that they will—and already are. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
