Social Commerce

News
Social Media Produces Little Buy For Advertising Buck
June 23, 2014

The good news about social media is that it connects brands to vast electronic networks of consumers who can “like” their product, tweet it out and then pin images of themselves using it. For years Internet marketing gurus have pushed social marketing as the next...

News
Uber: The World’s Most Valuable Start-Up?
June 09, 2014

After weeks of speculation about Uber’s, well uber funding round, the final count is in, and its a monster. Uber Inc. says it raised $1.2 billion in additional funding from investors, which puts the total valuation for the on-demand car service at $18.2 billion. The...

Financial Inclusion
Chase Launches Consumer Financial Solutions Lab
May 30, 2014

A new five-year initiative that brings together social entrepreneurs and leading experts in technology, behavioral economics and design to improve consumer financial capability now has a $30 million backer. JPMorgan Chase & Co. will provide the funding for the Financial Solutions Lab cross-industry initiative and...

Mobile Commerce
Orange Harp Pairs Socially Conscious Shopping With The iPhone
May 21, 2014

Some people do not just want to shop, they want to do it responsibly.  They want products made with either natural or recycled materials, that are environmentally friendly and that come from brands who support fair working conditions.  For those socially conscious shoppers with iPhones (who are apparently unconcerned...

News
Digital Gifting App Jifiti Launches on i2c Platform
May 20, 2014

i2c, Inc., a global provider of payment processing and e-commerce solutions, and Jifiti have announced that the physical-to-digital gifting site will use the i2c platform for open-loop prepaid processing. Jifiti allows users to select items in-app or in-store by scanning a bar code and sending...

Mobile Commerce
Crowdfunding Site WeFund’s Pornography Problem
May 19, 2014

Eden Alexander is an adult entertainer who through a series of unfortunate events, stemming from an allergic reaction and less than through initial medical attention due to her profession, found herself critically ill, unable to work and facing a mounting pile of medical bills. Luckily,...

Hmmm
PYMNTS Talks Back!
May 17, 2014

Here at PYMNTS we have all kinds of things to tell you about each week, from Alibaba's path to global commerce domination, to the resurrection of the ISIS mobile wallet, to why Bitcoin needs its own Benevolent Dictator for Life. But more than talk, we...

Merchant Innovation
Is Uber Worth $10 Billion?
May 16, 2014

Uber, the ride-sharing service that allows mobile users to connect with a fleet of local drivers, is hoping to raise several hundred million dollars in a new funding round with a valuation of $10 billion. If successful, Uber will tripled its valuation in just nine months:...

Loyalty & Rewards
Orbitz Reports Strong Q1 Growth Backed By Enhanced Mobile And Rewards
May 14, 2014

Travel booking site Orbitz has reported its first quarter 2014 results, which boast modest but solid growth. Orbitz’s adjusted growth rate in Q1 was $0.33 year-on-year to $ 28.7 million with room night growth of 12% and net revenue growth of 4%. The company attributes much...