International

International
Indian E-retail Giant Flipkart Pockets More Investment
December 23, 2014

Indian e-retail giant Flipkart announced yet another round of funding totaling $700 million after raising an investment of over $1.2 billion over the summer this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

News
Alibaba And SoftBank Join Forces For Indian E-commerce
December 23, 2014

Alibaba and SoftBank are holding joint discussions with bankers in India as they try to secure a slice of India’s consumer e-commerce market, according to India’s Economic Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Staples Cyberthieves Also Got $25 Million From Russian Banks
December 23, 2014

The Russian cyberthieves believed to be responsible for retailer payment-card breaches at Staples, Bebe Stores and 14 other chains have also stolen an estimated $25 million directly from banks’ internal payments systems, according to a report by Russian and Dutch security researchers. Get the Full...

China’s E-Commerce Goes Rural
December 23, 2014

China’s e-commerce giants have stepped up their online expansion to customers in rural areas, hoping to offset a saturated urban market, the Xinhua News Agency reported on Sunday (Dec. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

UK Payments Council: Let’s Add More Data To Electronic Payments
December 22, 2014

The U.K.’s Payments Council is exploring options for providing more information with business and consumer electronic payment transactions, Finextra 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....

Alternative Finances
Bitcoin Tracker | Week 53    
December 19, 2014

PYMNTS.com Bitcoin Price and Volatility index. 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, PYMNTS Today. By completing this form, you agree to...

Mozido Acquires CorFire
December 18, 2014

America’s greatest musical treasure Elvis Presley once sang that what he needed was “a little less conversation, a little more action,” a motto that the team at Mozido seems to have taken to heart. In a year-ending surprise, the Austin-based cloud platform mobile payments and...

Europe
EU Cuts Deal To Cap Card Fees
December 18, 2014

Under an EU deal struck Wednesday (Dec. 17) between lawmakers and the EU Council, payment-card interchange fees will be capped at 0.2 percent for debit and 0.3 percent for credit transactions, Reuters reported. Get the Full Story Complete the form to unlock this article and...

Investment Tracker | December 11 – 17
December 17, 2014

Adyen And The Changing Face Of Cross-Border Payment  Christmas, it seems, has come early for global payments technology company Adyen this year. The Amsterdam-based business announced a $250 million funding round Tuesday (December 16), led by global growth equity investor General Atlantic, (with participation from...