Amazon Inc. on April 23 reported total first quarter net sales of $19.74 billion, up 22.8 percent from $16.07 billion during the same three-month period ended March 31 last year and beating analyst estimates by a reported $320 million. Net income was $108 million, up...
Worldpay, a global payment processing provider announced the launch of an e-commerce integration module with hybris, a SAP company to give customers access to Worldpay’s end-to-end services including payment processing, alternative payments, fraud and acquiring services, through the hybris platform. This will provide hybris customers...
The European Parliament backed the Commission’s proposal to set up a European standard for e-invoicing in public procurement which brought the EU closer to the creation of a true digital single market in Europe. This move speed up the digital transformation of Europe’s business critical...
As B2B continues to make the move from paper to digital, the search for the best digital solutions for the enterprise payments space escalates. One area of increasing interest is the use of internet based portals and to manage the procurement, spend management and payment...
Payments news junkies were totally bummed by Apple’s first quarter earnings calls since not a peep was uttered about that topic. But, there was some light hinting about new products yet to come. And, maybe the biggest news of all is that the number of...
Nearly seventh months after announcing her hire, Angela Ahrendts will start has Apple’s new head of retail next week, according to information released in the company’s earnings call yesterday afternoon. Ahrendts comes to Apple from Burberry where she served as CEO and is widely credited with...
The Carlyle Group is the first global private equity firm to close a fund that is focused entirely on building the middle class in Sub-Saharan Africa. It was inspired by the opportunity to completely transform the financial and economic opportunities in that region and obviously...
In this exclusive series, MasterCard’s Chief Emerging Payments Officer Ed McLaughlin has spoken with MPD CEO Karen Webster about the general state of mobile commerce, its game changers, and the technology behind mobile security. In the final part of the digital discussion, McLaughlin reveals exciting...
A state lawmaker in Massachusetts reportedly has introduced a bill that would require banks to install added security measures at their ATMs, and representatives for both the ATM and banking industries are fighting it. Reacting to acts of violence occurring near ATMs, the lawmaker,...
