A few additional details are emerging about the startup former Apple exec and JCPenney CEO is running and it appears to be focused on customer service and helping shoppers make better purchase decisions. Get the Full Story Complete the form to unlock this article and...
After accepting Apple Pay at all of its stores on the Apple Pay launch day on Monday (Oct. 20), the $26 billion 4,600-store Rite Aid pharmacy chain apparently changed its mind and yanked support from those stores Wednesday (Oct. 22), with no official explanation, according...
It’s not easy to justify to investors how you can make $20 billion in revenue and still lose money, but that’s the question Amazon CFO Tom Szkutak had to answer repeatedly when defending Amazon’s vision for growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Visa and MasterCard have won a reprieve from Russia’s demand that the card brands pay more than $1 billion each to continue operating in the country, Russia Beyond the Headlines reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Alibaba’s biggest rival in China, Tencent, has just led a $350 million funding round for a startup called Koudai Gouwu that could challenge Alibaba where it’s weakest: mobile shopping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Apple has signed up more than 500 banks for Apple Pay, but some bank executives whose institutions are on board with the new payments system are feeling defensive, according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy...
Flint Mobile, a startup built around letting users snap photos of a credit card to make payments, has raised another $9.4 million in funding and announced an online version of its service, according to TechCrunch. Get the Full Story Complete the form to unlock this...
Alibaba is hoping for a boost for its e-commerce-oriented mobile-phone OS from a new partnership with Chinese handset maker Meizu, according to ITNews.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Shortly after BitFury Capital announced an undisclosed investment in digital currency merchant processor GoCoin, GoCoin CEO Steve Beauregard said that his Bitcoin operation will make B2B payments recruiting a top priority. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
