Merchant Innovation

Europe
German Tech Replicator Rocket Heading Toward ~$2B IPO
September 25, 2014

If imitation is the sincerest form of flattery, than the brothers Sawmer (Marc, Oliver and Alexander), the three founders of Germany’s Rocket Internet, are the worlds most accomplished and sincere flatterers.  Rocket is famous for taking successful, but exactly trademark or patentable, e-commerce ideas from...

What Fashion Trucks Deliver Besides Clothes
September 25, 2014

Driving the streets of American right  now are over 500 trucks packed to capacity with fashion, mobile boutiques cruising for customers with a new type of entrepreneur at the wheel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Alternative Finances
Kabbage Aims To Konquer Konsumer Loans With Karrot
September 25, 2014

Kabbage is branching out from the merchants in search of working capital where it built its original business and is now looking to individuals looking for personal loads. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Europe
Visa Europe’s NFC Head Jumps Ship To Apple Pay
September 25, 2014

Apple Pay continues to roll on toward universal availability and it has made a big staff acquisition to move that process along in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Cost Of Poor Procurement Tools: $1.5 Billion
September 25, 2014

U.S. companies are losing more than $1.5 billion per year and are wasting more than 32 million man hours because their procurement tools are ineffective, a new survey report shows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

David S. Evans
Apple Pay, Now That We’ve Sobered Up
September 25, 2014

Just about everyone seemed absolutely giddy over Tim Cook’s breathless announcement of how Apple is revolutionizing payments. I’m hoping now that maybe, with a couple of weeks’ of distance and with at least some of you experiencing the buggy iOS8 operating system, I can make...

Who Says Banks Can’t Out-Innovate Start-Ups And High-Growth Tech Firms?
September 24, 2014

If banks aren’t paying attention and adjusting their strategy, they are on the verge of disruption by startups and high-growth tech firms. These firms are slowly taking away customers and market share from banks and traditional lending players. Get the Full Story Complete the form...

Clinkle Almost Launches, To More Giggles Than Applause
September 24, 2014

Mobile wallets are not easy, a statement proved true better by no business than Clinkle.  After 17 month of jokes, 30 million in funding raised, a great staff exodus and then more mean-spirited humor, it almost seemed as though the impossible had happened: Clinkle launched...

B2B Payments
PayPal Merchants Accepting Bitcoin, Sort Of
September 24, 2014

PayPal is taking another small step in helping digital currency, particularly bitcoin, enter the mainstream by helping their merchants accept bitcoin payments.  The leader in online payments is pairing up with Bitcoin processors  BitPay, Coinbase and GoCoin to allow digital goods (ring tones, games, etc) merchants to take...