News

News
Ron Johnson Surfaces Driving A Delivery Business
September 25, 2014

Former JCPenney CEO Ron Johnson—who before that ran Apple Retail—is reportedly launching an on-demand service for the delivery of electronics. A report from The Information said it will be “a high-end, on-demand delivery service for gadgets.” Get the Full Story Complete the form to unlock...

David S. Evans
Apple Pay, Now That We’ve Sobered Up
September 25, 2014

Just about everyone seemed absolutely giddy over Tim Cook’s breathless announcement of how Apple is revolutionizing payments. I’m hoping now that maybe, with a couple of weeks’ of distance and with at least some of you experiencing the buggy iOS8 operating system, I can make...

B2B Payments
Basware Helps Europe Move To E-Invoicing
September 24, 2014

Basware will be the  first service provider to establish a technical connection to Mercurius, Belgian Federal Government’s unique centralized platform for e-invoicing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
How Amex Is Innovating Enterprise Payments
September 24, 2014

While it is easy to criticize B2B payment for being slow to change, its not always so easy to create products that offer something for all side of the transaction.  B2B Payments are different, American’s Express’s Rob Alcock told MPD CEO Karen Webster, and need...

Who Says Banks Can’t Out-Innovate Start-Ups And High-Growth Tech Firms?
September 24, 2014

If banks aren’t paying attention and adjusting their strategy, they are on the verge of disruption by startups and high-growth tech firms. These firms are slowly taking away customers and market share from banks and traditional lending players. Get the Full Story Complete the form...

News
Alibaba Aims For $160 Billion In P2P Loans In China
September 24, 2014

Alibaba Group’s finance arm is working to create a marketplace for 1 trillion yuan ($163 billion) of person-to-person loans by 2016, and is already almost 15 percent of the way there after less than six months, the P2P lending unit’s CEO said on Tuesday (Sept....

Clinkle Almost Launches, To More Giggles Than Applause
September 24, 2014

Mobile wallets are not easy, a statement proved true better by no business than Clinkle.  After 17 month of jokes, 30 million in funding raised, a great staff exodus and then more mean-spirited humor, it almost seemed as though the impossible had happened: Clinkle launched...

B2B Payments
PayPal Merchants Accepting Bitcoin, Sort Of
September 24, 2014

PayPal is taking another small step in helping digital currency, particularly bitcoin, enter the mainstream by helping their merchants accept bitcoin payments.  The leader in online payments is pairing up with Bitcoin processors  BitPay, Coinbase and GoCoin to allow digital goods (ring tones, games, etc) merchants to take...

International
Alibaba E-Commerce Machine In A Class By Itself
September 24, 2014

Did China’s Alibaba have the largest IPO in history?  Maybe.  Shares priced at $68 a pop and it had a market capitalization of $168 as it kicked off trading on the NYSE.  This would bring the total amount raised by Alibaba’s IPO to $21.8–and a...