Putting an end to months of speculations, Groupon has finally announced its plans to sell its controlling 46 percent stake in its South Korean venture Ticket Monster for $360 million to private equity firm KKR and Hong Kong’s Anchor Equity Partners. Get the Full Story...
Alibaba has gotten itself tangled in a pricing controversy with the Chinese government. 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....
Chevron announced yesterday (April 20) that is had signed a multi-year agreement with banking giant JPMorgan Chase to handle its payment processing via ChaseNet, which is part of Chase Commerce Solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
It’s like Black Friday, but in spring. (And it’s online, and it lasts for a week.) 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...
The touch-identification crazy is sweeping across some of the largest technology conglomerates. Most notably, Apple included the new iPhone 5s with Touch ID capabilities, but other corporations like American Express and Zappos have utilized the innovation for their own financial and commerce services. Get the...
Merchant acquiring can be a competitive and complicated business. New players especially need an angle, an innovation, something to differentiate what and how they serve their merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As PayPal readies to officially separate from eBay and operate as an independent company, the payments technology firm revealed Monday (April 20) that it has added two key members to its leadership team. Get the Full Story Complete the form to unlock this article and...
With payday lenders already in the sights of the Consumer Financial Protection Bureau, the CFPB is now going after a sort of payday-lender-in-reverse that fleeced U.S. military servicemembers of millions of dollars — in most cases directly from their paychecks. Get the Full Story Complete...
San Francisco startup CoinTent, which wants to get Internet readers to pay for news stories and other written content on the Web, has come out of beta and raised $1.1 million, according to a press release issued on Monday (April 20). Get the Full Story Complete...