News

CEO Series
Leaf Disrupts Acquirer Market
April 07, 2014

As point-of-sale processing evolves to include enhanced technology, including tablets and sophisticated POS software, many acquirers and independent sales organizations have found themselves being disintermediated by newer market players. A new Payment Apps marketplace tablet vendor Leaf is announcing today provides a means for them...

Alternative Finances
Royal Canadian Mint Looking To Unload MintChip Program
April 07, 2014

After a big announcement and bold plans for the future of secure payments in Canada, the Royal Canadian Mint has officially decided to ditch the MintChip program and is looking to pursue a sale of the business. Get the Full Story Complete the form to...

Mobile Commerce
Apartment-Rental Site Airbnb Picks Up Private Equity Investment
April 07, 2014

Airbnb Inc., and apartment-rental site, has reached an investment agreement with a group led by private-equity firm TPG for a funding round expected to total $450 million to $500 million.  Also participating in the round are T. Rowe Price and Sequoia Capital, an earlier investor. ...

Commentary
Apps and Merchants and Payments, Oh My!
April 07, 2014

Ever wish it were as easy as having a pair of Ruby Red slippers to get where you want to be? In the case of retailers, it would be to that omnichannel nirvana where consumers download their apps and use them exclusively. But, as MPD...

Merchant Innovation
Amazon’s Disruptive Grocery Move
April 07, 2014

Amazon wants to make grocery shopping easier and is apparently willing to do anything up to writing your grocery list for you. They will help write it, or even better, Amazon hopes to make you reimagine how you compile a grocery list. Get the Full...

News
Retailers Could Soon Be Liable For Hacking Damages In California
April 07, 2014

A bill is making its way through the California state legislature that would make companies like Target liable for damages after successful cyber-attacks against their system expose customer data.  Currently banks and credit card companies are on the hook for customer financial losses as a...

Merchant Innovation
Square’s Cash Infusion
April 07, 2014

Dropbox has become one of America’s best financed start-ups by securing $500 million in borrowing. The credit facility was led by JP Morgan Chase & Co. and brings the total amount Dropbox has raised to $1.1 billion. Get the Full Story Complete the form to...

News
Switzerland Restricts Financial Transactions for Blacklisted Russian Officials
April 07, 2014

Swiss authorities announced last week a decision to impose restrictions on financial transactions against some Russian officials Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

News
PayStand Out of Beta And Ready To Take On PayPal
April 07, 2014

e-Commeerce startup PayStand announced that it has raised $1 million in seed funding opened up its service to any entrepreneur looking to sell his or her goods from a PC or mobile browser. Get the Full Story Complete the form to unlock this article and...