News

Mobile Commerce
Levi’s Appoints Walmart Exec Marc Rosen as eCommerce Boss
April 18, 2014

Rosen will be responsible for improving growth and profitability in the company’s online business.

B2B Payments
Why Mark Cuban Invested in e-Procurement
April 18, 2014

Mark Cuban is a very successful investor with billions of dollars to show for smart picks. His rather "eclectic" taste for startups makes it hard to judge the objective value of his seal of approval. But for tiny B2B procurement start-up Procurify, Cuban's recent high...

News
Michael’s Data Breach More Wide Ranging Than Initially Thought
April 18, 2014

Michael’s, the America’s largest chains of arts and crafts stores, announced Thursday that 2.6  million credit and debit cards used in its stores may have been effected by the breach.  They also announced their affiliate  Aaron Brothers was also attacked, which left an additional 400,000 cards...

Alternative Finances
Lending Club Announces New Funding and Acquisition
April 18, 2014

In what has been a highly eventful early 2014, LendingClub announced this week an additional $65 million in funding from T. Rowe Price, Associates, Inc., Wellington Management Company, LLP, BlackRock and Sands Capital, and $50 million in debt–bring total debt and equity to $115 million. Get...

Mobile Commerce
Sprig Springs Into The Food Delivery War, With A Plan
April 18, 2014

Sprig, the currently dinner-only delivery service, will soon start serving lunch. Sprig concluded a $10 million Series A earlier this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Can Virtual Identities Eliminate Fraud?
April 18, 2014

Every year $21 billion goes up in smoke due to fraud based on identity theft. miiCard thinks it has a solution that could cut that as much as 80% per year. PYMNTS caught up with Founder and CEO James Varga about how miiCard’s new virtual...

Breach Round Up
Recent Breaches Appear To Be Hitting Home With Consumers
April 18, 2014

It’s one thing to note that a merchant’s payment-data system has been breached, but the reality of what that means really hits home when consumers start saying they’ve been affected. And new Pew Research Center survey data show a significant rise in the percentage of...

International
NFC Enabled Mobile Wallet Launches in Canada
April 18, 2014

With the new app, users will be able to add multiple credit cards to their suretap wallet.

Mobile
Urban Transport App Makes $10M
April 18, 2014

The company says that it plans to use the new funding for launching in new cities, and expanding the team.