Singapore-based B2B FinTech firm MC Payment announced a new funding round, as well as global expansion, late last week. Reports Friday (Nov. 11) said MC Payment raised $3.5 million from an investment firm in Thailand, as well as participation from Aura Funds Management, tryb Capital...
U.S. prosecutors late last week charged a Florida man in connection with an illegal bitcoin exchange. According to a report by Reuters, Ricardo Hill, 38, was arrested in Florida in October and charged with conspiring to operate an unlicensed money transmitting firm. Hill is linked to...
Vantiv, the second largest payment processing solution company in the U.S., has plans to buy Moneris Solutions USA for $425 million. Cincinnati-based Vantiv announced that the acquisition will further the company’s growth not only in payments, but also with merchant bank channels. Vantiv currently works...
The Snapbots are coming! The Snapbots are coming … to sell you Spectacles. That is, smart sunglasses sold from a vending machine. We finally have a definitive answer to the mysterious, canary-yellow marketing campaign Snapchat launched earlier this year. Sixty billboards went up in cities...
They made it too easy. That’s what a federal judge has decided Amazon did, making it too simple for children to purchase and rack up in-app charges without their parents’ permission. Six months after finding Amazon to be liable in the case brought to court by...
The best way to reach a holiday shopper might just be through their smartphone. That’s why marketers will be leveraging mobile in their holiday shopping strategies this year, with new and creative strategies that focus more on omnichannel solutions and less on generic mobile coupons....
The holiday season for shopping is drawing fairly rave reviews — which is impressive insofar as it is two weeks old. But a quick survey of the headlines leading into the season indicate that the mood is more or less upbeat, and the expectation is...
Global apparel and accessories retailer Old Navy will be running a massive promotional sweepstakes in the week leading up to Black Friday. A grand prize of $100,000 will be doled out from Nov. 18 through 25 to one lucky winner each day, along with thousands of other,...
Retailers are optimistic about prospective sales and growth into 2017 by means of holiday deals, according to the American Express Holiday Growth Pulse survey — one of 1,502 small and middle-market businesses across various industries. Here are some key findings, trends, and factoids. Seventy-four percent of small businesses and...
