News

eCommerce
Cross-Border eCommerce Set To Explode By 2020
October 19, 2016

Cross-border eCommerce — internet purchases from merchants in other countries — is gaining in popularity in China. A quarter of the Chinese population will be shopping either directly on foreign-based websites or through third parties, like Alibaba’s Tmall Global and JD.com’s JD Worldwide, by 2020,...

Chinese P2P Lender Plans US IPO
October 19, 2016

A Chinese firm, Shanghai Paipaidai Financial Information Service Co., or Ppdai.com, has been aiming to list on public markets in the United States, The Wall Street Journal reported Tuesday (Oct. 18). That debut could come as early as the second half of 2017. The company...

Partnerships / Acquisitions
Nielsen Teams With RevTrax To Offer Personalized Coupons
October 19, 2016

Nielsen is partnering with RevTrax, the digital coupon company, to enhance Nielsen Marketing Cloud, which can now aid clients in creating offers that can generate sales. According to a report by Adweek, the idea behind Nielsen Marketing Cloud is to take machine learning and data modeling capabilities...

Investments
Heal Raises Close To $27 Million To Expand House Call Doctors Service
October 19, 2016

Heal, the Santa Monica, CA startup that enables doctor house calls, has reportedly raised close to $27 million in additional funding. According to a report, the proceeds from the latest round of fundraising will go to expand operations, which are currently available in several different...

Partnerships / Acquisitions
Kibo Buys Mozu For Undisclosed Sum
October 19, 2016

Kibo, the cloud-based omnichannel commerce solutions company, announced Tuesday (Oct. 18) its acquisition of Mozu, an enterprise cloud-based commerce solution designed to help enterprises manage their entire online presence — commerce, branding, customer engagement and publishing. Terms of the deal were not disclosed.  In a...

B2B Payments
CFOs Take A Macro View Of The Future
October 19, 2016

The CFOs and treasurers throughout the globe are popping their bubbles when it comes to economic outlook. A new report by Deutsche Bank and the Economist Intelligence Unit (EIU) explored how financial managers are handling the changing winds of the economy and found that macroeconomic conditions...

Security & Fraud
Why Retailers Should Look For More From Their Vendors
October 19, 2016

There’s no question that retailers have a lot on their plates, but security and fraud have quickly become top of mind. Do retailers have the right tools to combat fraud across all channels? Michael Reitblat, CEO of Forter, joined Karen Webster to share his views on the changing priorities...

B2B Payments
QuickBooks Adds Apple Pay For Invoice Payments
October 19, 2016

Small business financial services firm Intuit is taking advantage of Apple’s move to roll out Apple Pay as a web offering, linking the electronic payment tool into its QuickBooks platform for B2B payments. The company announced Tuesday (Oct. 18) that it will now allow businesses...

Digital Banking
Are New Prepaid Card Regulations Too Much?
October 19, 2016

Two steps forward, one step back? For October’s Digital Banking Tracker™, PYMNTS caught up with Brad Fauss, president and CEO of the Network Branded Prepaid Card Association, to discuss the recently released prepaid card regulations from the Consumer Finance Protection Board. That, plus the latest...