Alibaba said its sales for China’s Singles Day on Tuesday (Nov. 11) surpassed $2 billion in the first hour — including more than $1 million in Alipay transactions in the first 18 minutes — and 45.7 percent of first-hour sales were via mobile. Get the...
Alibaba Executive Chairman Jack Ma said Tuesday (Nov. 11) that his Alipay payments unit “will definitely go public,” according to a report from Reuters covering Ma’s interview with an official state broadcaster. Alipay was not part of the massive IPO that Alibaba just completed. Get...
A Frost & Sullivan survey released Monday (Nov. 10) of mostly B2B execs showed overwhelming (98 percent) belief that the industry is sharply changing, yet the study found those same execs “somewhat more complacent about the need to adapt their organizations.” Get the Full Story...
PayPal will cut off support for aging security protocol SSL 3.0 on Dec. 3, and that may cause problems for some of its merchants, the online payments giant announced on Monday (Nov. 10). Get the Full Story Complete the form to unlock this article and...
’57 Brand announced Monday (Nov. 10) a free B2B online ordering and payments system to assist merchants. 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...
Netsuite, a cloud-based B2B financials/ERP vendor, confirmed Monday (Nov. 10) that DWA has replaced six instances of Sage Line 50 with one single instance of NetSuite OneWorld to manage mission-critical financial processes from order to cash, financial consolidation, multi-currency (including USD, AUD, Singapore Dollar, British...
Axway Cloud B2B Service will be available on Amazon Web Services, the company announced Monday (Nov. 10). 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...
PayPal is jumping onto the cash-based electronic payments business trend in Russia, The Moscow Times reported. 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,...
For consumers today, the term app can be associated with Instagram, Angry Birds, Pandora or Facebook Messenger. But apps are also crucial to the development and transformation of business across several industries, including mobile banking and payments. CA World ’14 will gather industry leaders at...
