Online payments antifraud startup Forter has pulled in another $15 million in funding that it will use to open offices in the U.S. and expand its offerings to larger customers, the Wall Street Journal reported. Current merchant customers of the Tel Aviv-based company’s automated fraud...
Target, one of the founders of MCX’s CurrentC mobile payment effort, has been using its employees to test the program, the Minneapolis Star-Tribune reported Nov. 4. Target spokesman Eddie Baeb was quoted at that time saying that some Target headquarters employees had been testing CurrentC...
Merchants may be able to sway consumers into buying certain products through a new grouping of shopping apps aimed at saving the consumer money by sharing a picture of the receipt back, The Associated Press reported. The list, which includes SavingStar, Snap, Checkout 51, Ibotta, gives...
Customers under the age of 35 prefer to shop at retailers who offer financing options, and those options affect their buying decisions, according to a new eNation study of 2,000 consumers. In the study, 59 percent of younger customers said financing offers affects their choice...
Alibaba said its sales for China’s Singles Day on Tuesday (Nov. 11) surpassed $2 billion in the first hour — including more than $1 million in Alipay transactions in the first 18 minutes — and 45.7 percent of first-hour sales were via mobile. The Chinese...
Amazon announced its latest effort to break into the gadget market with Echo, an interactive speaker that lets people use the power of the Web with just their voice. Echo was quietly unveiled on Amazon’s website last Friday (Nov. 6). While the retailer touts its...
ShopRunner announced Thursday (Nov. 6) that it has expanded its E-commerce presence through a new partnership that will connect more U.S. retailers with online shoppers in China. This partnership with Alipay, China’s leading e-payments providers, bridges the gap for Chinese consumers who want the same...
More than a month after Costco Canada announced it was cutting its ties with American Express, the company is also considering dropping its U.S. card partnership, Bloomberg reported. “Costco is seeking bids for both an issuer and a payments network for its U.S. cards, the people...
Dairy Queen is brining its loyal customer base the chance to tap into the company’s new mobile app and digital wallet, Nation’s Restaurant News reported. “We think it has some competitive advantages,” Barry Westrum, executive vice president of marketing for American Dairy Queen, said in the article. “Consumers...
