PYMNTS Features

Western Union Delivers At Bank Of China Branches
February 05, 2015

Western Union already has a foothold in China — the money transfer company’s services are available at 20,000 locations there — but it’s about to get a lot bigger. On Wednesday (Feb. 4) the company went live in a deal with the Bank of China...

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Yahoo Small Business Will Join the Alibaba Spinoff
February 05, 2015

When Yahoo spins off a holding company for its $40 billion investment in Alibaba, it will bundle in its Yahoo Small Business unit to keep the whole thing tax-free, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article...

Target to Open 15 Stores in Urban Areas in 2015
February 04, 2015

In an effort to respond to the increasingly urban, digitally connected population, Target has announced the opening of 15 stores this year in major American cities such as San Francisco, San Diego, Washington, D.C., and Chicago. Dubbed “TargetExpress,” these stores are only 20,000 square feet and...

Target Taps Tesco Executive as CIO
February 04, 2015

Target has announced that former Tesco executive Mike McNamara will be assuming the role of executive vice president and CIO at Target, sources told Drug Store News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

CFPB, USDE Provide Debt Relief Against Predatory Lending Scheme
February 04, 2015

The Consumer Financial Protection Bureau (CFPB) and the U.S. Department of Education (USDE) announced Tuesday (Feb. 3) that it will be providing $480 million in forgiveness for borrowers who took out Corinthian College’s high-cost private student loans. Get the Full Story Complete the form to unlock...

Survey: Mobile Untapped Resource In Omnichannel World
February 04, 2015

When it comes to retail customer service, the mobile side is an untapped resource, according to new data from an Econsultancy survey that looked at how retailers plan to alter their customer experience budgets. Get the Full Story Complete the form to unlock this article...

Proxibid Brings the EBay Experience to B2B Buyers
February 04, 2015

EBay played a crucial role in the early B2P and P2P e-commerce revolution, but B2B commerce hasn’t quite caught up with the digital shift. Emerging research shows that unless suppliers offer quality online shopping experiences for B2B buyers, they’ll lose out on some major business....

Latin American Mobile Smart Wallet Gets $19M In New Funds
February 04, 2015

Last month, PayPal found itself with a new competitor in Latin American mobile wallet startup Yepex. Now, Yellow Pepper, the company that started that mobile wallet, got some extra funding that could heat up the competition even more. Get the Full Story Complete the form to unlock...

China Blasts Past The Half-Billion Mobile User Mark
February 04, 2015

China has blasted past the half-billion mobile users mark. A report from the Beijing government’s China Internet Network Information Center (CNNIC) says the number of mobile Internet users climbed to 557 million as of December 2014, up 11.4 percent from the year before, TechCrunch reported....