PYMNTS Features

Can A New CEO Revive Angie’s List?
July 02, 2015

July kicks off a new start for Angie’s List. Yesterday (July 1), the local services marketplace announced J. Mark Howell took over as Interim CEO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cross-border Payments
Global Fashion Group Racks Up $167M In Funding
July 02, 2015

Rocket Internet’s Global Fashion Group (GFG), the German Internet platform’s fashion-focused umbrella group, announced yesterday (July 1) that it secured €150 million ($167 million) in funding from an internal financing round. Rocket Internet also announced plans to move two of its Brazilian online fashion businesses...

Merchant Innovation
Zady Brings Localized eCommerce To Global Shoppers
July 02, 2015

New York-based online retailer Zady, which caters its lifestyle goods to conscious consumers, announced a partnership with Borderfree to expand its offerings globally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Allegis Capital Creates $100M+ Fund To Take On Cybersecurity
July 02, 2015

Allegis Capital is $100 million closer to a new fund built to invest in cybersecurity. According to Founder and Managing Director Bob Ackerman, the fund’s target is $150 million, but the firm announced the fund’s close at $100 million because “we wanted to get going.” Get the...

Coles Waves The White Flag To Suppliers
July 01, 2015

Australian supermarket giant Coles is emerging as an example of the consequences of supplier mistreatment as the chain received penalties for earlier conduct – and as supermarkets around the globe are being scrutinized for their business practices with small supplier partners. Get the Full Story...

HP Loses Its Enterprise Chief
July 01, 2015

Hewlett-Packard has big changes ahead for the conglomerate. Last month the computer giant revealed that it would be splitting into two separate businesses, one of which would be HP Enterprise, a B2B service provider. Get the Full Story Complete the form to unlock this article...

Oildex Takes Over Procure-To-Pay Firm OpenInvoice
July 01, 2015

Oildex, which provides B2B automation services geared towards the oil and gas industry, has just made a strategic acquisition to strengthen its procure-to-pay offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Merchant Innovation
Square Adds Payroll To Merchant Services Roster
July 01, 2015

Mobile payments company Square is bolstering its position in the small business market with the launch of Square Payroll, a software solution to help businesses pay and track employee salary and taxes. Get the Full Story Complete the form to unlock this article and enjoy...

Cross-border Payments
Baidu Sinks $3.2B Into Online-To-Offline
July 01, 2015

Baidu, the Chinese equivalent of Google, announced yesterday (June 30) that it would invest 20 billion yuan ($3.22 billion) over the next three years in online-to-offline services, reports Reuters. The investment will include group-buying service Nuomi in which Baidu owns a 59 percent stake. Get...