News

International
China’s Top Private Car App Going Global?
June 16, 2014

Joining international taxi drivers on the list of things that are likely giving the executive team at the ride-sharing behemoth Uber a headache this morning is the announcement that Yongche is eyeing international expansion  Get the Full Story Complete the form to unlock this article and...

Merchant Innovation
Priceline Buys OpenTable
June 16, 2014

Priceline has moved to purchase OpenTableInc. for about $2.6 billion in cash.   OpenTable allows diners to book meals by smartphone and charges restaurants fees for the patrons it books as well for monthly access fees to use its software. Priceline will pay $103 a share in  a 46...

Hmmm
PYMNTS Talks Back: PayPal’s Marcus Jumps to Facebook, The Payments Implications of the Apple Ecosystem,...
June 14, 2014

Some pretty big stuff got the payments industry talking this week. PayPal’s President moves to Facebook, World Cup revelers can’t get Brazilian currency and a mobile payments innovator claims HCE isn’t all that it’s cracked up to be. That was just Tuesday, Wednesday and Thursday!...

B2B Payments
Can Fleet Card Activity Gauge U.S. Economic Health?
June 13, 2014

As the economy goes, so go corporate fleet programs? That might not be entirely true, but an analyst on June 11 inquired about whether a top executive at WEX could gauge any modest improvement in the U.S. economy based on what the fleet card provider...

Redefining What B2B Commerce Really Is
June 13, 2014

Ten years ago, InsiteSoftware was developed to bring ecommerce solutions to manufacturers.  Over the last decade that vision has developed and expanded to provide ecommerce solutions to address the unique needs of B2B and B2C sites by providing commerce platforms for distribution and retail organizations,...

International
World Cup Currency Crunch Bypasses U.S. Soccer Fans
June 13, 2014

Customers traveling to Brazil for the World Cup from around the world faced an unpleasant surprise last week when currency exchangers all over the world started running out of the Brazilian Real. This is no minor issue for foreign soccer enthusiasts, since, as the info-graphic...

Exclusive Series
EMV In The U.S.: It Will Be A Long Ride
June 13, 2014

By the time the card networks’ EMV liability-shift deadline takes effect in October next year, potentially far less than half of the nation’s cards and payment terminals will comply. Legislation and various controversial issues, such as whether to support PINs or signatures for authentication or...

Alternative Finances
Is eBay Shutting Down Its Local Delivery Service?
June 13, 2014

Earlier this week it was reported that eBay was shutting down its local delivery service, eBay Now. Various sources spoke with VentureBeat and explained that while the service was only launched two years ago, things have allegedly not been running smoothly. Get the Full Story...

Are Mobile Payment Readers Making Cash Obsolete?
June 13, 2014

We might not be in a cashless society yet, but if recent data from Javelin Strategy & Research is any indication, cash is becoming less popular among consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...