Despite a very active first quarter of 2014 that included, among other things, a very public fight with investor Carl Icahn over the future of PayPal, eBay's Q1 earning came in ahead of analyst predictions. PayPal also enjoyed a very strong Q 1, with total...
After purchasing a 44 percent stake nearly three years ago for a reported $28 million, Neiman Marcus is pulling out of China’s Glamor Sales Ltd. The Chinese company, which made a name for itself selling high-end fashions at a discount, was supposed to function as...
According to sources familiar with the situation, Intuit is currently in talks to purchase Check, a Mint-like mobile-finance app that allows users to track and pay bills. The service currently has 10 million users and Intuit is looking reportedly looking to scoop the company up...
An enterprise platform that helps small to medium sized retailers with its cloud based management tools, received $10 million in series C funding round led by MMC Ventures and participated by other investors including Quayle Munro, Eden Ventures and Notion Capital. Get the Full Story...
Thirty percent of SMBs leverage business credit cards to finance their businesses. But the rules and regulations related to interest rates and APRs that protect consumers’ don’t apply to corporate cards. The result is a potentially devastating impact on the ability of SMBs to access...
CyberSource, a global provider of eCommerce payment management services, today announced a partnership with one of Vietnam’s largest privately held banks, ACB (Asia Commercial Bank). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Danske Bank’s newest trading architecture newest platform focuses on the tier-2banks that require advanced FX trading platforms to compete in their marketplace, against multiple dealer portraits and against tier-1 banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Xero, an online accounting software company released a next-generation banking model in the Australian market after creating a joint initiative with the Commonwealth Bank’s New Zealand subsidiary, ASB Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Perhaps it should come as no surprise, but consumers today are a lot less likely to own a credit card and carry card debt. The Great Recession aside, issuers may have helped spark the change when they cut back on card approvals and credit limits...
