Looming store closures by Macy’s, J.C. Penney and Sear Roebuck and Co. represent a grim example of the general tenuousness of consumer spending. Tick up a few notches in socioeconomic standing, however, things appear a bit brighter. Roughly 10 million shoppers enter the luxury market...
International and multichannel payment solutions provider Adyen has appointed Kamran Zaki as president, Adyen North America. The company plans to relocate its North American headquarters from Boston to San Francisco. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Apple reportedly has opened its own official store on the Tmall online marketplace operated by Alibaba, China’s large eCommerce provider. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Alibaba, the Chinese eCommerce conglomerate, has banned the sale of Bitcoin on its Taobao Marketplace online platform. 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...
Bank of China has a new online banking platform resulting from a collaboration with IBM that will allow it to leverage customer transactions for future planning. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
MasterCard has acquired Provus, an independent payment processor based in Turkey, the payment card network announced. 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...
Known colloquially as “the Square of Africa,” it’s safe to say that mobile payments processor Kopo Kopo had some hefty expectations to live up to when it entered the East African market in 2010. However, recent developments suggest the long quiet company may be finally...
Swedish social payments company and MPOS provider iZettle announced that it will now offer its iOS and Android services in the Mexican market, according to a press release. Mexican merchants are currently being served by recently launched startup Clip, but Square has not yet entered the...
Scott Goldthwaite was named new Senior Vice President of Operations at ROAM less than two weeks ago, on April 1, 2013. A man with experience at payments innovators such as Payment Planet, Hypercom, WAY Systems and other companies, Goldthwaite’s resume speaks for itself when it...
