Acquiring
Oracle Closing In On A $5B Deal To Purchase Micros Systems
June 18, 2014

Cloud-based computing pioneer Oracle is rumored to be in exclusive talks to purchase Micros Systems for approximately $5 billion, according to sources familiar with the situation reports Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Walmart B2B E-Commerce Coming To India
June 18, 2014

Walmart India announced recently that beginning in July, it will have B2B e-commerce options available to customers. Lucknow and Hyderabad are the two cities the retail chain is will start with, and eventually hopes to add 18 more stores. Get the Full Story Complete the...

Cool
Census Bureau: Large Retail Trade Firms’ Q1 Sales Up, Profits Down
June 18, 2014

Large retail trade corporations during the first quarter of the year saw their sales rise, but a big boost on their provisions for deferred domestic taxes helped drive down their profits, new Census Bureau data show.

B2B Payments
Ukraine Put On Gas Repayment Plan
June 18, 2014

The battles between Russia and Ukraine continue, but now the issue at-hand is the utility bill. 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...

Europe
International News Update June 18
June 18, 2014

A research by Kantar Worldpanel forecasts fast moving consumer goods ecommerce will account for USD 53 B by 2016 vs. USD 36 B in 2013 making it grow to 5.2% from 3.7%. Country analysis shows that in South Korea 55% of people buy online and...

Merchant Innovation
@WalmartLabs Scoops UP Fashion App Stylr
June 17, 2014

@WalmartLabs – the mega-retailer’s Silicon Valley-based R&D and innovation hub – has just made its first acquisition from New York’s so-called Silicon Alley in the form of fashion app Stylr.   Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Alternative Finances
Digital River To Start Taking Bitcoin
June 17, 2014

Digital River has announced that from here on out,  Bitcoin will be accepted as a payment option for merchants that are selling online in the US and using the company’s small to mid-sized commerce solution. Get the Full Story Complete the form to unlock this...

Europe
B2C eCommerce Grow in Europe
June 17, 2014

A report published during the Global E-commerce Summit in Barcelona shows Europe B2C e-commerce grew to EUR 363.1 B in 2013 a 16.3% increase vs. 2012. It is further forecasted to grow 17.2% to 425.5 Bn in 2014 and 19.8% CAGR to EUR 625 Bn...

International
African Money Transfers Add Mobile Option
June 17, 2014

BNP Paribas and Orange signed a partnership to allow its African customers to transfer money between bank accounts and mobiles. The project, which will begin in Côte d’Ivoire, will enable BNP customers to use m-payments to buy goods and services, pay utility bills and purchase...