Indian e-retail giant Flipkart announced yet another round of funding totaling $700 million after raising an investment of over $1.2 billion over the summer this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Financial firms brought in record funds from their initial public offerings in 2014, and as investors prove the strength of the U.S.’s economic recovery, the successful IPOs of innovative financial startups suggest a new line of competition is ready to take control of the lending...
Alibaba and SoftBank are holding joint discussions with bankers in India as they try to secure a slice of India’s consumer e-commerce market, according to India’s Economic Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
UPS is using 15 “mobile distribution centers” around the U.S. to make sure holiday packages don’t arrive late by the thousands like they did in 2013, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
PayPal will sell digital gift cards from CashStar through its PayPal Digital Gifts store and the eBay marketplace, the companies announced on Monday (Dec. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Russian cyberthieves believed to be responsible for retailer payment-card breaches at Staples, Bebe Stores and 14 other chains have also stolen an estimated $25 million directly from banks’ internal payments systems, according to a report by Russian and Dutch security researchers. Get the Full...
Meeting its self-imposed “by Christmas” deadline, Walt Disney World will begin accepting Apple Pay on Wednesday (Dec. 24), 9 To 5 Mac reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Users are frustrated with their mobile shopping experience this holiday season, and social commerce could be next year’s fastest rising star. Those are the key takeaways from several new research reports, according to Mobile Commerce Daily. Get the Full Story Complete the form to unlock...
China’s e-commerce giants have stepped up their online expansion to customers in rural areas, hoping to offset a saturated urban market, the Xinhua News Agency reported on Sunday (Dec. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...