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Family-Friendly Financial Facts
May 09, 2014

Do you know how many people prefer using credit cards as their primary instrument of choice? Or the number of financial institutions offering mobile P2P? Find these answers and more on this week’s Friday Factoids.

Merchant Innovation
Fair Weather Consumer Spending?
May 09, 2014

Now that we’ve braved the winter and Spring has sprung, many consumers are back in the spending mood. In a recent interview, PYMNTS spoke with Master Card SVP Sarah Quinlan, aka The “Duchess of Doom,” to understand what’s driving retail spending trends. As it turns...

Hmmm
Bitcoin Tracker | Week 23
May 09, 2014

Bitcoins for payroll and campaign contributions - and prices still sub-$500. Get caught up on all of the Bitcoin news this week.

B2B Payments
2014 Euromoney FX Survey Results Released
May 09, 2014

The results of the annual Euromoney foreign exchange survey, which was first launched in 1976 have been released. The survey continues to be the key benchmark for the global FX industry and provides transparency and insight into the industry’s leading players. To learn about the...

Europe
Swedish iZettle Nabs EUR40 M In Series C Funding
May 09, 2014

Swedish mPOS firm iZettle has just closed out a lucrative €40M series C funding round led by London-based Zouk Capital. Zouk was joined by Dawn Capital, Intel Capital, and previous investors Creandum, Northzone, Index Ventures, Greylock Partners, and SEB Private Equity. iZettle offers a software/hardware package that allows any...

Loyalty & Rewards
Amazon Ramps Up Sunday Delivery While Facing Increased Shipping Costs
May 09, 2014

Fresh off of the latest rankings that place them at the absolute top of the e-commerce food chain, such that their annual sales out-stripe those of their next ten competitors combined, Amazon is not sitting on it laurels, and is instead pushing forward with its...

Merchant Innovation
Online Market LocalBanya in Talks to Raise $5M in Series B Funding
May 09, 2014

The website processes around 750 deliveries a day and growing at around 25 percent per month, according to the company.

Mobile Commerce
RBI Pilots Prepaid Cash-Out Facility
May 09, 2014

With the new pilot project, companies like Oxigen, Airtel Money, Itz Cash, and mpesa can start offering cash-out facility through their network establishments across India.

News
MasterCard and KDDI Launch Prepaid Card Program
May 09, 2014

This will be one of MasterCard's largest prepaid card programs in the Asia/Pacific, Middle East and Africa (APMEA) area.