News
Amazon Stock Tumbles on Losses
July 25, 2014

As it turns out, even Amazon has to turn a strong profit. 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 newsletter, PYMNTS Today. By...

Merchant Innovation
MoneyGram Beefs Up Exec Ranks
July 25, 2014

MoneyGram announced the addition of two leaders this week, a move that is expected to help the money transfer and payments services company focus more on emerging markets and self-service channels. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

News
eBay Hit with Class Actions over Breach
July 25, 2014

After a security breach in February of this year, eBay now faces a class action suit in a U.S. federal court, says iT News. The consumer privacy suit was filed by Colin Green, a Louisiana state citizen, who “alleged that the security breach was the...

Alternative Finances
eCommerce Sites Continue To Make B2B Push
July 25, 2014

Sure, most people know they can turn to Amazon or eBay for their online shopping needs, but how many company owners turn to those sites for their business needs? Surprisingly, more than one might think. With reports showing that the B2B online marketplace is growing,...

B2B Payments
Credit Union Chooses NetSuite To Improve Financial Systems
July 25, 2014

Quorum Federal Credit Union announced this week that it chose NetSuite to manage its financials, help support its rapid growth and power its business transformation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Mobile Commerce
Partnership Set To Boost Mobile Banking Security
July 25, 2014

Malauzai Software announced earlier this week that it partnered with Boston-based Trusteer, to provide an integrated solution that is being used by Customers Bancorp, Inc. to strengthen the security of its mobile banking application. Get the Full Story Complete the form to unlock this article...

Merchant Innovation
Walmart Makes Abrupt CEO Switch
July 25, 2014

National retail chain Walmart announced yesterday that CEO Bill Simon is “transitioning out of the company,” and will be succeeded by Greg Foran as the head of Walmart U.S. Previously, Foran was president and CEO of Walmart Asia – a position he was only appointed...

International
Hackers Hit European Central Bank
July 25, 2014

Fraudsters managed to hack into the European Central Bank’s website, stealing email addresses and other contact information, according to an ECB statement. The theft was discovered after the bank received an anonymous email “seeking financial compensation for the data.” While most contact information was encrypted,...

B2B Payments
Can A New Procurement Plan Give British Farmers Back £400 million?
July 25, 2014

If the UK government has any say about it, the answer to that question is: yes. 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...