News

Apple Pay
Stripe Valuation Hits $3.5 Billion
December 03, 2014

Online payments vendor Stripe on Monday (Dec. 1) is seeing its valuation double in less than a year, to $3.5 billion, after it closed a $70 million fundraising round, according to a story in The Financial Times. Get the Full Story Complete the form to...

Cyber Monday Sales Jump Almost 16 Percent
December 02, 2014

After a disappointing Black Friday, retailers saw E-Commerce sales jump 15.6 percent on Monday (Dec. 1), aka Cyber Monday, compared with the same day last year. That stat comes from Channel Advisor, which tracked transaction data for more than 2,700 retailers selling online between midnight...

Intel’s New Security Play
December 02, 2014

In its continuing efforts to expand and strengthen its security business, Intel has purchased digital identity management software makers PasswordBox. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

News
New App Lets Musicians Collect Digital Tips From Fans
December 02, 2014

Most city-dwellers are familiar with street musicians, the performers for the people who strum guitars, play pan pipes and sing with varying degrees of tunefulness at tourist attractions and on subway platforms nationwide.  To finance their art, many put out a hat to catch tips...

Uber Hailing Goldman Sachs Clients For Investments
December 02, 2014

Cab colossal Uber has retained Goldman Sachs in an attempt to raise money from Goldman’s wealthier customers, Fortune is reporting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Lending Club IPO Could Set Tone For All Alternative Lenders
December 02, 2014

Preparing for its IPO, peer-to-peer lending leader Lending Club said Monday (Dec. 1) that it would price its shares at $10-$12, which would value the company at about $4 billion. That move would also raise as much as $692.4 million. But The New York Times...

International
Bitcoin Getting Bigger In Korea
December 02, 2014

South Korean bitcoin exchange Korbit has cut a deal to accept bitcoin for one of the biggest media and entertainment companies in Asia, Bitcoinist reported on Monday (Dec. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

News
eCommerce Poses Threats To SMBs
December 02, 2014

Competing in the e-Commerce space can be tough enough for big retailers, leaving it that much tougher for the small, local stores to get their voices heard and products seen online. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Pizza Hut’s New Menu Reads Minds & Creates Perfect Pie in 2.5 Seconds
December 02, 2014

Pizza Hut is making it easier for customers who can’t make up their minds about what to order by offering up a tech-savvy tablet-based menu that relies on eye movements to create the perfect pie. Get the Full Story Complete the form to unlock this...