What’s Hot

eCommerce
Alphabet’s Chairman Declares UK Top eCommerce Dog
December 31, 2015

The U.K. is outpacing every other country when it comes to the eCommerce game, at least that is what Eric Schmidt, the executive chairman of Google parent company Alphabet, told BBC Radio 4’s Today program this week. Schmidt declared the U.K. as the world leader...

International
Japanese Banks Eye Post-Regulation FinTech Future
December 31, 2015

One of the biggest banks in Japan, Sumitomo Mitsui Financial Group, wants to boost the level of investments in financial technology firms once it is able to do so after certain rules are lifted by regulators. [bctt tweet=”Japanese banks are likely to boost FinTech investments...

Mobile Commerce
Uber’s Next Stop: Travel Agency?
December 31, 2015

The ride sharing behemoth, Uber, wants to become your travel agent. As has been suggested by a recent patent filing, Fortune reported Wednesday – which was granted Dec. 24 – the company is looking at opening a Web portal that will be tied to booking travel...

Security & Fraud
Firms Tackle Cyberthreats From The Inside Out
December 31, 2015

In order to address the growing insider threat problem, many companies are building out programs from within to protect themselves from their own employees, The Wall Street Journal reported Wednesday (Dec. 30). These threat detection programs are not only said to make data and activity...

News
Credit Karma Acquires Snowball To Boost Mobile Side
December 31, 2015

Credit reporting company Credit Karma has acquired mobile notifications app company Snowball for an undisclosed amount in order to bolster functionalities of its mobile platform. The Android-focused Snowball app, which allows its users to customize and interact with their cell phone notifications, reportedly has over 250,000 users....

News
Banks’ Biggest Threats In 2016
December 31, 2015

The Wall Street Journal reported Wednesday (Dec. 30) that a survey of banking experts yielded some predictions of what to expect in terms of risk in 2016. The trio of threats included a few of the usual suspects. Cyberthievery makes it high on the list, of course....

Merchant Innovation
Massdrop Group Commerce Startup Gets Users Involved
December 31, 2015

More startups are trying to claim a slice of the DIY pie than ever before, but instead of sending shoppers kits so they can put together their own meals, electronics and much more, one startup is taking ideas from its users for a different take...

International
Is China Restricting Foreign Banks X-Border Business?
December 31, 2015

The suspension of two foreign banks by the Chinese government from doing at least some cross-border business in yuan until at least March 2016 begs the question of whether the country is limiting cross-border transactions. Bloomberg reported Wednesday (Dec. 30) that the three-month ban on offshore...

Mobile Commerce
Uber’s First Casualty: On-Demand Delivery Sidecar Shutting Down
December 30, 2015

Sidecar will ride no more. The on-demand car service that looked to challenge rivals in the same space — most notably Uber, as well as Lyft — will cease most (but not all) operations at the end of 2015. TechCrunch reported Tuesday (Dec. 29) that the...