July 11, 2013
Shopzilla Moves Toward Two-Click Checkout
Online shopping giant Shopzilla acquired mobile shopping startup Zappli on July 11, TechCrunch reported. As part of the deal, the entire Zappli team will join Shopzilla. The move will give...
July 11, 2013
MCX Teams Up With Kohl’s, FIS
Mobile payments cooperative Merchant Customer Exchange (MCX) has signed on a new member, major department store Kohl’s, as well as a new partner, financial services industry player FIS, All Things...
July 03, 2013
NY Regulators Investigate Payroll Cards
Eric Schneiderman, New York’s attorney general who recently settled the state’s case against consulting firm Deloitte, is investigating how large employers in the state use payroll cards, The New York...
June 21, 2013
Walmart Looks For Logistics Lead In eCommerce Race
Walmart has stumbled in recent months under pressure some observers credit to Amazon and an improving economy. In May, the Bentonville, Arkansas-based company and world’s largest retailer released a quarterly...
June 20, 2013
What mPayments Need To Ignite
“Ideas in payments without an ignition plan aren’t worth the paper the powerpoints are printed on,” says David Evans, economist, Founder of Market Platform Dynamics and Faculty Coordinator for the...
June 13, 2013
Visa Sues Walmart Over Swipe Fee Opt Out
Visa has sued Walmart over the retail giant’s decision to opt out the proposed $7.25 billion Visa-MasterCard “swipe fee settlement,” according to Bloomberg. Visa said in its complain that Walmart...
June 10, 2013
Walmart Acquires Data Analytics Startup Inkiru
Walmart Labs, Walmart’s Silicon Valley-based innovation lab, has acquired data analytics startup Inkiru. The acquisition is designed to “accelerate the retail giant’s analytics capabilities,” TechCrunch reported. Financial terms of the...
June 10, 2013
Green Dot Buys Walmart-Branded Prepaid Cards
Green Dot is acquiring GE Bank’s Walmart-branded reloadable prepaid cards, according to an SEC filing. Per the agreement, Green Dot Bank will assume certain liabilities from GE Bank, and will...
June 08, 2013
Walmart CEO Predicts $10 Billion In eCommerce Sales
Walmart CEO Mike Duke expects his company to hit $10 billion in global eCommerce sales this year, according to All Things D. Duke made the comments at the company’s shareholder...
