Facebook on Tuesday (July 29) confirmed that it has killed the last remnants of its direct E-Commerce operation, with plans to fully shutter its Gifts shop on Aug. 12. Facebook launched Gifts back in 2012, initially selling physical goods and later only selling gift cards...
U.S. Bank will introduce new tools designed to improve virtual spending options for corporate travel at the Global Business Travel Association’s annual conference this week, according to a company statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Users of travel technology provider Amadeus will soon have a new payment option open for completing bookings. The two companies have announced a strategic collaboration to integrate Alipay into the Amadeus Payment Platform (APP). As a result of the team-up, Amadeus’ travel providers will...
If state partners pay vendors for their services in cash before implementation, vendors could be tempted to discontinue supplies before implementation, says the United Nations Population Fund (UNFPA) Monitoring Team. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Muneeb Akhter failed at the first, and arguably most important, test of being a criminal mastermind—do not tell people enthusiastically about being a criminal mastermind. Akhter admitted in a sworn statement that he had used his prodigious talents as a hacker to break into...
Since the Great Recession, buyers and suppliers seem locked in a perpetually adversarial cycle when it comes to billing. Dynamic discounting aims to disrupt the adversarial cycle with an associative one where buyers and suppliers share incentives to collaborate. PYMNTS spoke to Ariba’s Director of...
What do giant jars of mayonnaise, value shoppers and EMV-compliant cards have in common? Starting in 2015 they will all be things one can find at a BJ’s wholesale club. The Massachusetts-based bulk store has inked an agreement with Alliance Data Systems Corporation and MasterCard...
The English have spoken and it seems that they have spoken out in favor using biometric indentification as a primary identifier when it comes to securing banking services. This insight comes from a Intelligent Environments survey that indicates almost 80 percent of British banking users...
Can a company be old school and innovative at the same time? While MasterCard and AT&T are both testing hi-tech solutions for authenticating overseas transactions by using geolocation data, American Express is eschewing hi-tech for a more direct approach with AX Connect. The closed-loop network...
