News

Shoppers Spend 2.4 Percent More On Weekend Before Christmas
December 24, 2014

U.S. shoppers spent $42 billion during the last weekend before Christmas, up 2.4 percent from 2013’s $41 billion, Bloomberg News reported on Tuesday (Dec. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Apple Pay
Apple Pay Partners Sprint For 2014 Rollout
December 24, 2014

With the end of 2014 approaching, some major retailers will apparently be missing their year-end deadlines to be able to accept Apple Pay. But one unexpected merchant has already gone live with Apple’s mobile payment system: the Los Angeles County Department of Public Works now...

UK And The Mobile (Commerce) Invasion
December 23, 2014

241 years ago last week, the British colonies in North America decided to spark the Revolutionary War by disrupting commerce. This was not disruption in the positive modern sense, it was old school disruption involving a lot of very expensive tea going into Boston Harbor....

Controversial
“Ubernomics” And The New Start Up Math
December 23, 2014

By all accounts, 2014 was the year of the “on-demand” economy. Ride-sharing service Uber recently closed out a $1.2 billion funding round, placing the start-up’s total valuation at $41 billion. That represents an almost tripling of the company’s value – a half a year ago Uber...

Apple Pay
Apple Pay In-App Checkout Expands
December 23, 2014

Though retailers and venues have been adopting Apple Pay, the service’s real strength so far seems to be in the area of in-app purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

News
China Moves Closer to Having Its Own Silicon Valley
December 23, 2014

Alibaba’s spectacular, $25 billion IPO earlier this year made many of its former employees sudden millionaires. Now, the company’s Executive Chairman Jack Ma is encouraging his old team to spend their earnings wisely – and preferably on Chinese startups. Get the Full Story Complete the...

Company Spotlight
You’ll Never Guess What Category Will Lead Holiday Shopping This Year
December 23, 2014

Hint. It isn’t something you can put under the tree. Super Saturday, which was just a few days ago, might have delivered retail sales, but what’s really driving revenue for retailers this holiday season is experiences. Sarah Quinlan, SVP and Group Head of Market Insights...

Company Profile
Building the Next Big Thing
December 23, 2014

There are over 1.3 million software engineers in the world, including coders, but who are the Top 10 and where they can be found? MasterCard has designed a series of hackathons that will travel the world in search of the very best developers, designers and...

How Mobile Innovation Could Heat Up The Restaurant Industry
December 23, 2014

Consumer dining, just any other retail trend, is directly tied to the ups and downs of the economy. But unlike many other retail purchases, food is a necessity, even though consumers have the option to cut down on how and where they choose to allocate...