News

Mobile Commerce
California Throws Out Only Pay with US $ Law
June 30, 2014

Yesterday, Governor Jerry Brown signed a law, passed by the California legislature, which reversed an earlier law—seriously—that said you could only conduct transactions in California with greenbacks. No pesos, Canadian dollars, city currencies, reward points, and yes—no bitcoins, dogecoins, or any other cryptocurrency either. As...

B2B Payments
Report: India Jumping To Automated Expense Management
June 30, 2014

In a digital world, it comes as no surprise that companies are trying to find the best automated options for all aspects of their business. While organizations in India may have come late to the party in certain respects, recent data indicates that nationally enterprise...

Financial Inclusion
Social Shopping App Wish Raises $50M
June 30, 2014

Wish uses algorithms and machine-learning tech to learn a user’s taste in order to show them products that they like (or might like) in a detailed, pleasing-to-the-eye format. The site’s commerce-centric Pinterest model has drawn attention from the Founders Fund Formation 8, GGV Capital, Yahoo...

B2B Payments
Survey: Majority Of European Firms Centralize Travel Procurement
June 30, 2014

European firms are more likely than North American organizations to have a centralized travel procurement operation, according to a recent study by Egencia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Ireland’s SME Debt Problem
June 30, 2014

A new report by Central Bank of Ireland paints mixed picture of the indebtedness of the country’s small and midsize enterprises and its overall impact. Whereas outstanding balances are dropping, the fact that SMEs are paying down their debts instead of investing in new projects...

News
PayPal Has New Use For Your Fingerprints
June 30, 2014

Last week PayPal announced on its blog that it now offers fingerprint authentication for the Samsung Galaxy S Tab. Customers can now use their fingerprint to log in and pay at millions of merchants that accept PayPal on mobile and in stores, wrote PayPal Global...

News
Google: Android Getting Better Mobile Payments And Commerce Features
June 30, 2014

Last week, Google had a plethora of announcements at its annual Google I/O developer conference about “What’s Next.” Included on that list were ideas for better options for mobile payments, banking and commerce. Get the Full Story Complete the form to unlock this article and...

Acquiring
Tencent Will Buy “Chinese Craigslist” For $736M
June 30, 2014

Proving that there is more than one tech giant on the Chinese stage, Tencent Holdings Ltd., has announced that it will purchase roughly 20 percent of 58.com Inc., for approximately $736 million. 58.com is China’s answer to Craigslist. Get the Full Story Complete the form to...

News
Credit Card Companies Elevate Fraud Solutions
June 30, 2014

Visa and MasterCard are teaming up with wireless carriers like AT&T to cut down the average resolution time for fraud transaction claims. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...