Costco reportedly has solicited the help of design and development firm Reply and SAP’s e-commerce data management subsidiary hybris to optimize its Mexico wholesale website. According to Computer World UK, Costco.com.mx is part of a group that generates of $102.5 billion in sales annually. The...
MasterCard’s prepaid card business in the Asia/Pacific, Middle East & Africa (APMEA) region experienced a 40 percent increase in year-over-year gross dollar volume last year. MasterCard expects the momentum to continue through enhanced financial inclusion in emerging markets and increases in cross border and e-commerce...
U.S. state attorneys general reportedly have launched a multistate investigation into a breach in which crooks allegedly gained access to some 200 million Social Security numbers via a unit of credit bureau Experian PLC. Among the states conducting the investigation include Illinois and Connecticut, according...
A major shift is underway in how merchants position mobile payments as a source of revenue, according to new research from fraud-prevention specialist Kount. Some 2,000 folks responded to Kount’s recently released free report “Mobile Payments & Fraud Survey: 2014 Report,” including 1,000 online merchants....
There’s so much data influencing the industry today that it can be hard to stay on top of everything. PYMNTS.com’s Friday Factoids are the perfect solution for innovators, entrepreneurs or observers trying to keep up with all the latest information. In today’s Fridays Factoids, you’ll...
PYMNTS.com Bitcoin Index: http://www.pymnts.com/data-research/ . Link to live trading on the Bitcoin markets http://Bitcoincharts.com/markets/ . Follow 189 Cryptocurrency Market Capitalizations here: http://coinmarketcap.com/ . Bitcoin Tracker | Week 18 Where is the world is Bitcoin sanctioned as a legal method of payment? Finally, a complete list of each country and its...
Federal investigators have opened an inquiry into Citigroup’s Mexican unit, over a recent a $400 million fraud case. Banamex, Citigroups Mexican unit, disclosed in February that at least on Banamex employee had processed falsified documents that helped the oil services company obtain a loan that cannot...
Despite recent troubles, including an unfavorable IRS ruling, a Chinese ban and the various legal woes of a variety of processors—some investors remain incredibly bullish on bitcoin. One such bull is Wences Casares, the CEO of Xapo, a bitcoin startup. While his enthusiasm is unsurprising,...
Zhejiang Finance Credit Network Technology, a Jack Ma-owned company, has made a 3.3 billion yuan (US$532 million) deal for a more than 20 percent stake in Chinese financial-software developer Hundsun. Ma is also the executive chairman of Alibaba Group Holding Ltd, the Chinese e-retail giant. Mr....
