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Amazon Fire Sales Ice Cold
Amazon Fire Sales Ice Cold
August 27, 2014  |  Merchant Innovation

Amazon has sold only 35,000 of its new Fire phones in the first 20 days after it went on sale in July, according to data...

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CFPB Asks Debt Collectors To Pay Up
CFPB Asks Debt Collectors To Pay Up
August 27, 2014  |  News

A large Oklahoma-based payment processor will pay $7 million to settle charges that it helped collect illegal fees charged to consumers by debt-settlement companies, American...

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Credit Card Delinquencies Are Down
Credit Card Delinquencies Are Down
August 27, 2014  |  Financial Inclusion

Overdue U.S. credit card payments are falling, and the number of new credit accounts rose during the first quarter of 2014, credit reporting company TransUnion...

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Citi’s Digital Wallet Debuts
Citi’s Digital Wallet Debuts
August 27, 2014  |  Alternative Finances

Citi has launched its own digital wallet for online purchases, using MasterCard’s MasterPass system so customers won’t type in an unencrypted credit card number, the...

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Dynamic Pricing StartUp Lands $6M in Funding
Dynamic Pricing StartUp Lands $6M in Funding
August 27, 2014  |  Merchant Innovation

Feedvisor, a repricing startup that lets online retailers adjust prices in real time based on the retailers’ business goals, has closed $6 million in Series...

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Square’s $6 Billion Valuation
Square’s $6 Billion Valuation
August 27, 2014  |  Mobile

Privately-held Square has authorized a tender offer that places the company’s self-declared value at $6 billion, CNBC reported. To put that into context, Square’s similar...

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In Pursuit Of The Affluent Cardholder
In Pursuit Of The Affluent Cardholder
August 27, 2014  |  Mastercard

Not surprisingly, credit card issuers are attracted to consumers who not only use their cards often and spend a lot, but who also pay on...

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PayPal Makes Back To School Easy For Merchants, With A Global Twist
PayPal Makes Back To School Easy For Merchants, With A Global Twist
August 26, 2014  |  News

PayPal’s new PassPort global portal is designed to connect local merchants with customers around the world—and it’s especially applicable to back-to-school retailing, according to Payment...

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