Seamless payment company Ingenico Group announced earlier this week that it had entered into negotiations to acquire 100 percent of the share capital of GlobalCollect from its existing shareholders. According to an Ingenico press release, GlobalCollect developed a recognized payment expertise to enable most recognized...
Who says that B2B commerce in China is a “red ocean?” Certainly not JQW. This domestic Chinese B2B e-commerce operator took some big steps in an effort to make its site more appealing to English speaking buyers and suppliers.
Of the many things said about ride-sharing pioneer Uber, “afraid to think out-side the box,” has never been one of them. Between kittens, Christmas Trees and even the occasional wedding—Uber is ready to give anyone – or really anything – a ride if there is...
Last week the U.S Government held an auction for the 29,656 bitcoin that were seized as part of the takedown of the Silk Road black market. As of Tuesday, it was known that a single buyer had taken the whole lot, and yesterday, that buyer...
Embellished denim, gaucho pants, Birkenstocks - three things that the fashion forward of PYMNTS never thought would live to see another day. Now add “knuckle buster” (aka manual credit card terminal) to that list. This 50-year old piece of payments memorabilia returned for the dead...
In a sure sign that Facebook is looking to bring commerce into Facebook, the social network has partnered with PayPal to extend payment enablement (acceptance + processing) to any Facebook mobile app that is accepted into its FbStart program. FbStart is a program that provides...
The International Commerce Committee released its annual Global Survey on July 2, with data from 298 banks across 127 countries. According to the results, international trade growth has decreased significantly when compared to the years before the global financial crisis. ICC Banking Commission Executive Committee...
Earlier this week, PYMNTS.com discussed how PayPal froze the account of ProtonMail, a secure email startup. While PayPal explained the incident as a “technical problem,” ProtonMail is not reassured, according to recent reports. As reported by Threat Post, ProtonMail had raised $300,000 in funding in...
The closing days of Q2 2014 and the dawn of Q3 has seen the cross-border eCommerce world shaken up twice—first with Stripe’s deal with China’s Alipay and then with yesterday’s announcement that Ingenico is acquiring GlobalCollect. BlueSnap CEO Ralph Danglemaier tells MPD CEO Karen Webster...
