Merchant Innovation

Merchant Innovation
NakedWines To Launch Same Day Delivery
July 22, 2014

NakedWines, the company that brought crowdsourcing to wine by collecting money from customers, is using that money to fund independent winemakers and then grant exclusive access to the product for those initial investors (called, Angels).  The service required members keep $40 in their NakedWine account per...

Merchant Innovation
Mobile App Wants To Bring People To The Movies
July 22, 2014

Dealflicks, a company that prides itself on being the “Priceline for movie tickets,” announced this week that it had raised $1.7 million in seed funding. Investors in this round included 500 Startups, Siemer Ventures, Archer Gray and Rubicon VC. Get the Full Story Complete the...

Merchant Innovation
Verizon Launches Reward Program (For Customers Willing To Be Tracked)
July 22, 2014

This week Verizon Wireless will be the first nationwide cell phone carrier to launch a loyalty program  for its 100-million-plus subscribers.  A loyalty program with one small catch: to earn points within the program for dollars spent, subscribers must agree to have their movements tracked....

Merchant Innovation
Alibaba Goes Postal In Brazil
July 21, 2014

The Chinese eCommerce powerhouse Alibaba announced last week that it partnered with Brazil’s state-owned postal services company, Correios  in order to help the country’s SMBs sell their products in China through Alibaba’s websites, using its Alipay electronic payment system. Without providing details, the eCommerce company also said...

Merchant Innovation
eBay Finds Big Demand For In-Store Pickup
July 21, 2014

According to eBay executives, its Click and Collect service in Britain – essentially an in-store pick up option – is gaining greater traction than its same-day delivery service eBay Now. Additionally, eBay stated that it would extend its Click & Collect services to approximately 650 locations...

Merchant Innovation
First Data Launches Mobile Loyalty Solution
July 21, 2014

First Data announced the release of its mobile loyalty solution for SMB merchants, Perka. This cloud-based customer loyalty solution connects SMBs to their customers using location-based apps and mobile phones. Merchants can design a customized loyalty program for Perka after they sign up with First...

Merchant Innovation
First Data Brings On Christopher Augustin As Chief Information Officer
July 18, 2014

Payment technology and services solutions firm First Data announced this week that it had brought on Christopher Augustin as its new chief information officer. According to a company press release, Augustin will take charge of First Data’s software development work, engineering processes and software and...

International
Funding Circle Grabs $65 M
July 17, 2014

UK-based small business P2P lending platform Funding Circle is $65 million richer and is planning to use that money to expand more aggressively into the U.S. market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Apple And IBM’s B2B Collaboration
July 16, 2014

Remember 30 years ago when Apple ran a Super Bowl ad that likened IBM to “Big Brother”? As it turns out, time does heal all wounds, as Apple and IBM have buried the feuds of the past to collaborate on creating over 100 new business-centered...