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Bitcoin Tracker | Week 24
May 16, 2014

From the bungled Bitcoin Foundation elections to a brand new $30M investment in bitcoin processing, this week was one of extremes for the B-all of cryptocurrencies. Get caught up.

Mobile Commerce
Square In The Black?
May 16, 2014

Square has been hammered in the news lately about reports of massive losses, dwindling cash reserves and failed products. But leaked emails about its financials as reported by Fortune magazine reveal that its margin on processing isn't that bad and that it claims to be...

Loyalty & Rewards
JC Penny’s Sales Turn Around Sparks Surge In Stock Price
May 16, 2014

While most analysts interest in embattled retailer JC Penny’s was limited to wondering who would write the best obituary when the ailing former-giant finally collapse, the company did something rather surprising in the first quarter of 2014. It turned its sales around. Get the Full...

Mobile Commerce
Will That Be In Cash? And Other Friday Factoids
May 16, 2014

There’s so much data influencing the industry today that it can be hard to stay on top of everything. PYMNTS.com’s Friday Factoids are the perfect solution for innovators, entrepreneurs or observers trying to keep up with all the latest information. Get the Full Story Complete...

Alternative Finances
The Growth of A Giant B2B Platform
May 15, 2014

Once just an idea in an apartment at the high of the tech bubble and now the largest B2B trading platform in the world, Alibaba now could be the most humungous IPO in history. How did this transformation develop? We've made a handy infographic to...

Merchant Innovation
Loop mWallet Now Available For Android Users
May 15, 2014

Good news for Android users looking for a mWallet that can be used at pretty much any location a credit card can, Loop is now available in the Google Play store. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Tencent’s Mobile Money Bonanza
May 15, 2014

Competitor Alibaba may get all the attention but investors in home country rival Tencent had some reasons to feel fairly good about their pick this week. Though the company’s first quarter earnings are a bit of a muddle due to some highly complex deals and a...

From Paper Checks To ePayment Optimization
May 15, 2014

  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 this form, you agree to receive marketing communications from PYMNTS...

International
Citigroup Sacks 11 Banamex Employees As More Details Of The $400 M Fraud Emerge
May 15, 2014

The Mexican loan calamity; wherein Citiigroup’s Mexican extension Banamex loaned $400 million to a company that could not pay them back, has thus far has been equal part expensive, embarrassing and generally damaging  for the company. The scandal has now  has claimed its next round of...