A new government report said China’s e-commerce markets racked up 13 trillion yuan ($2 trillion) in transactions in 2014, up 25 percent from 2013, Nikkei Asian Review reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The U.K.’s Institute of Directors has warned large businesses that the “scandal” of late payments is undermining the country’s economic recovery, and said the big corporations risked regulation by failing to pay their bills on time, the Financial Times reported. Get the Full Story Complete...
Giant coffee chains Starbucks and Dunkin’ Donuts may have rolled out their mobile payment and loyalty apps nationwide, but that’s no reason regional chains can’t get in on the action, too. East Coast convenience store chain Wawa has launched its own mobile app featuring gift-card-based...
Organic food delivery startup Good Eggs, which collected a $21 million funding round last September, has laid off 15 percent of its roughly 215 employees, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Capital One Financial Corporation has announced net income for the fourth quarter of 2014 of $999 million, or $1.73 per diluted common share. This marks a drop from the third quarter of 2014, when the company posted a net income of $1.1 billion, or $1.86...
Galvanized by President Barack Obama’s comments on cyberattacks in this week’s State of the Union address, PCI Security Standards Council general manager Stephen W. Orfei has declared 2015 to be “a defining year for cybersecurity protection.” Get the Full Story Complete the form to unlock...
A month after U.S. President Obama announced that the U.S. would ease up on restrictions on Cuba trade and travel, MasterCard announced today that it is removing the current block on U.S.-issued card transactions in Cuba, starting on March 1 of this year. The action...
Last year saw a number of high-profile hacks make the news, such as the publishing of naked pictures of celebrities and the massive data grabs from retail giants Target and Home Depot. While everybody was quick to point fingers at malicious hackers, the Online Trust...
At the 2014 World Economic Forum in Davos, Switzerland, Treasury Secretary Jack Lew and JPMorgan Chase CEO Jamie Dimon were the only ones to speak about cryptocurrency, and that was to attack the “incredulity” of it in world finance. Get the Full Story Complete the form...
