The eCommerce giant announced the expansion of its online retail initiatives through two big efforts: the launch of 11 new country pavilions on Tmall.com and the establishment of 26 cooperative partnerships between foreign embassies in China and the company’s group-buying platform. Get the Full Story Complete...
Ahold and Delhaize announced yesterday (June 24) their intention to merge by mid 2016. “Ahold Delhaize” – which is its new name – will count more than 6,500 stores, 375,000 associates and 50 million customers per week in the U.S. and in Europe. With a combined turnover of...
The credit card debt ratio has finally shifted in favor of the consumer. 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 daily newsletter, PYMNTS Today....
HackerOne, which offers a “bug bounty” service wherein companies can hire and pay hackers to locate product vulnerabilities, has raised $25 million in a series B round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The transaction processor released the results of its second annual Canadian Consumer Payment Choice Study today (June 25), which showed 46 percent of Canadian consumers prefer to pay using credit cards over other forms of payment. The results show an increase of 34 percent from...
NCR launched a new commerce hub, Retail ONE, which aims to help retailers thrive in an increasingly competitive market by utilizing omnichannel solutions and the Internet of Things to their advantage, the company announced yesterday (June 24) at the NCR Synergy event in Orlando, Florida. Get the...
Barclaycard US said on Wednesday that it has appointed Curt Hess as chief executive officer on an interim basis. The company said in an announcement yesterday (June 24) that, as the newly installed leader of Barclays’ payments business here in the United States, Hess will in...
Proving that hackers will literally go after any target, officials are now investigating whether or not Hershey Park – a popular amusement park and resort area in Hershey, Pennsylvania – has been successfully breached by cybercriminals. Get the Full Story Complete the form to unlock...
PayPal and Uber have been partnered on payments since 2013 — and that partnership is about expand. Uber is available in 300 cities, and soon riders in Canada, Greece, Hong Kong, Israel, Mexico, New Zealand, Singapore, Sweden and Switzerland can use PayPal to pay for their...