News

Etsy Looking to Raise $300M With Q1 IPO
January 15, 2015

Long rumored and often wooed by big banks wanting to take the company public, the Brooklyn-based handmade crafts seller Etsy has announced that it will go public sometime in the first quarter of 2015, sources inside the company confirm. Working with Goldman Sachs and Morgan...

Moovit Raises $50M in New Round of Investments
January 15, 2015

Mobile payments are expected to be the next wave in the development of online payment, and it will become the most successful when integration into non-commerce apps take hold. One company looking to take advantage of cheaper mobile payment software as a complement to its...

Retail Sales In December: A Blip, Or A Reason For Concern
January 15, 2015

The conventional wisdom that falling oil prices are a catalyst for increased consumer spending took a major hit yesterday (January 14) with the release of the U.S, retail sales number by the Commerce Department. The figures released indicate that retail sales suffered their largest decline...

T-Mobile’s Consumer Tax Filing Bonus
January 15, 2015

In a push to get customer dollars deposited on their pre-paid product, T-Mobile CEO John Legere used Twitter to announce that customers who elect to have their income tax refund directly deposited to their T-Mobile Visa Prepaid Card will get a $20 credit.  The Mobile Money tax...

Loyalty & Rewards
Is The Third Time The Charm For Clinkle?
January 15, 2015

In theory Silicon Valley loves failure as an opportunity to learn and grow, though in reality the world is sometimes far less forgiving when companies are going through that learning and growing phase.  Such is the plight of the mobile app/wallet once known as Clinkle,...

How Low Can Bitcoin Go?
January 15, 2015

It has not been a great 24 – 48 hours for bitcoin.  Depending on which pricing index one favors, the price of bitcoin has dropped 36 percent in the last two days and 20 – 24 percent in the last 24 hours or so.  According...

Company Spotlight
The 9 Things We Learned About mPOS in 2014
January 15, 2015

2014 was the that mPOS went mainstream: mPOS became ATMs, mPOS enabled-Apple Pay, and existing mPOS platforms delivered a whole new level of functionality. We tracked 136 companies over the last year and have 9 key takeaways about the mPOS marketplace. The latest PYMNTS mPOS...

Company Spotlight
MasterCard and Masabi Partner To Simplify Commuters’ Lives
January 15, 2015

Consumers are constantly looking for ways to simplify their lives; this includes everything from online banking to public transit. MasterCard now has their hand in each of these scenarios. The company announced today that it’s joining forces with Masabi, provider of mobile ticketing for transit,...

What’s So Different About China’s Mobile Payments’ Ecosystem?
January 15, 2015

There’s plenty of differences between the mobile commerce market in the U.S. and the mobile ecosystem seen in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...