Mobile Commerce

Alternative Finances
Bots, Overstock and DishTV
May 30, 2014

The US celebrated Memorial Day this past week, but it might as well have been the 4th of July. Fireworks exploded in the bitcoin community over David Evans’ piece on Overstock’s acceptance of bitcoin, including from Patrick Byrnes himself. Then there were those pesky bots.

Mobile Commerce
Taipai Lawmakers Question National Mobile Payment Policy
May 30, 2014

Lawmakers in Taipei are questioning a two-way authorization policy for customers making small transactions on mobile. 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...

Financial Inclusion
Chase Launches Consumer Financial Solutions Lab
May 30, 2014

A new five-year initiative that brings together social entrepreneurs and leading experts in technology, behavioral economics and design to improve consumer financial capability now has a $30 million backer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Mobile Commerce
Survey: Consumers To Spend More on Travel This Summer
May 30, 2014

American Express Travel released a survey this week that showed U.S. consumers are willing to pay a little bit extra this summer to book their dream vacation. Nearly 300 travel counselors were interviewed, and almost half – 45 percent – said that they saw increases...

Financial Inclusion
GlobalCollect Deal Fattens Virtual Piggy’s Processing Capabilities
May 30, 2014

Virtual Piggy Inc., provider of the Oink payment technology for families and teens, has entered into a partnership with processor GlobalCollect for international processing support, the companies announced May 29. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
NHS Shared Business Services Makes E-Invoicing Push
May 30, 2014

NHS Shared Business Services (NHS SBS) announced this week that it has partnered with the Tradeshift e-invoicing platform to eliminate its reliance on paper invoices and to improve the payment process for health care organizations and their suppliers. Get the Full Story Complete the form...

B2B Payments
Capital Business Credit Creates Credit Extension Offer For Importers
May 30, 2014

Commercial finance company Capital Business Credit (CBC) announced recently that it now has an option for importers to extend their credit terms. According to a Trade Financing Matters blog post, CBC developed Supplier Early Payment (SEP), which allows importers to extend credit for up to 90...

International
New Korean eCommerce Firm Raises $100 Million
May 30, 2014

Coupang, a 4-year-old South Korean eCommerce firm, reportedly has secured a Sequoia-led $100 million funding round, pushing its valuation above $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Europe
Mobile Accounts For One-Third Of UK Online Retail: Report
May 30, 2014

Smartphones and tablets during the first quarter of 2014 were used to initiate 34 percent of online retail sales in the United Kingdom, with 48 percent of visits to retailers’ websites being done with smartphones and tablets, a new research report shows. Get the Full...