In-store data analytics firm RetailNext has picked up $30 million in a financing round led by Nokia Growth Partners. As of last year, the firm was tracking half-a-billion shoppers at 100,000 retail locations in 33 countries. Its sensors are found in the full range of...
Around 68 million consumers are “cash-only” customers, reports the Federal Reserve Bank of San Francisco, though the reasons for that can vary. Some choose not to use credit or debit purchases as the result of security concerns—they simply believe that since cash can’t be hacked...
The Securities and Exchange Commission (SEC) recently announced that it will be adopting a series of rules and guidance on cross-border security-based swap activities for market participants. The first one was integrated at the end of June. According to an SEC statement, the new guidelines explain...
Target has announced the hire of three new top-level executives to help strengthen the retailer’s eCommerce and technology efforts. Founder of e-commerce software provider ShopIgniter Alan Wizemann come on board as vice president of Target.com and mobile product. Wizemann has been consulting for Target and...
Mobile money platform Monitise has cut its annual revenue growth estimates for the second time, forecasting growth of between 31 and 33 percent, down from earlier projections of 40 and 50 percent earlier in the year. This was enough to cause shares to drop 15...
About 5 billion email offers are sent out in the U.S. each day. But what if those who receive them could purchase an item or pay a bill in two simple clicks, all within the email itself? John Killoran, CEO of @Pay, has created a...
Anyone who has ever circled a block indefinitely looking for a parking spot can attest to the fact that when one is running late, there is almost no price too great to be able to leave one’s car safely and legally parked. Berlin-based ParkTAG thinks...
As the number of people receiving their income tax return by direct deposit has grown, the number of identity thieves with an aspiration to steal those tax returns grown with it. Faced with millions lost to tax return fraud, the Internal Revenue Service has a...
Starting this month, PayPal will be offering Next-Day Settlement (NDS) for eligible businesses in the U.S. as part of a pilot program. With NDS, businesses transferring money from their PayPal account to their bank account will have access to that money within 24 hours of...
