News
Amazon Will Not Bend To FTC Demands On In-App Purchases
July 08, 2014

Amazon, it seems, has just said no to the Federal Trade Commission in regards to the federal agency’s request that the eCommerce mega-retailer update some of its policies regarding in-app purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Acquiring
How Merchant Onboarding is Reborn
July 07, 2014

Has innovation left the merchant underwriting process behind? On Tuesday, July 8th, MPD CEO Karen Webster will host a live digital discussion with Recombo’s Reed Clayton, Vice President Electronic Payments, and Peter Fitzpatrick, author of the “Ultimate Guide to Automated Merchant Boarding,” to talk about...

News
European Banks Instructed To Avoid Bitcoin
July 07, 2014

The European Banking Commission has spoken, and it seems rules are coming to bitcoin in the EU. Until those rules are out there, the bloc’s banking regulator has instructed lenders to shun digital currency. Get the Full Story Complete the form to unlock this article...

Acquiring
Tencent Brings Commerce to WeChat
July 07, 2014

In a new method of bringing its tech to the masses, Huawei Technologies has incorporated the Chinese messaging app WeChat as a main sales channel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Ocean Freight Gets Own E-Invoicing Guidelines
July 07, 2014

The Ocean Freight industry has new sector standards about electronic invoicing. 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 completing...

Merchant Innovation
Fab.com’s Latest Survival Tactic
July 07, 2014

How does a company called Fab become more, well…fabulous? By focusing more on original goods. To that end, Fab is launching Hem — a line of customizable, “affordable” furniture and home products that are made in-house (or designed specifically for Hem by third-parties.) The launch...

Mobile Commerce
Kroger’s eCommerce Buy Puts Them Into The Grocery Delivery Fray
July 07, 2014

With the purchase of online Vitamin seller Vitacost.com, supermarket chain Kroger is ready to enter the big leagues of grocery-delivery competition with such marquee players as Google and Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Alternative Finances
Kreditech Nabs $40M In Latest Funding Round
July 07, 2014

Microloan and financing company Kreditech has closed a $40 million Series B funding round, the largest ever for a German financial services tech company.  The round is also one of Germany’s largest for 2014. Värde Partners led the round and was joined by two previous...

International
Banks Dropping International Money Transfer in Wake of Big Fines
July 07, 2014

It’s getting harder for immigrants to the U.S. to send money back to their countries of origin as U.S. government regulators are cracking down on terrorists and drug traffickers by pursuing their money sources.  In response to the increased regulatory scrutiny, big banks stateside are...