In the early days of eCommerce, buying significantly underpriced versions of designer goods usually came with the implied warning, “buyer beware.” Counterfeit products have been around far longer than digital marketplaces, but with the globalized economy putting geographically distant retailers on the same playing field,...
Continuing on its globalization strategy, Alibaba has grown its footprint in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Payments processing firm Adyen announced the launch of a new cybersecurity service aimed at helping its clientele detect and combat fraudulent activities, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Peer-to-peer lending networks are nothing new, but not all platforms are able to accommodate to individuals and investment groups separated by international borders. However, the global world of P2P lending doesn’t have to be so fragmented. Get the Full Story Complete the form to unlock this article...
With a unique approach to beating cybercriminals at their own game, cybersecurity company illusive networks announced yesterday (Oct. 20) that it secured $22 million in a Series B funding round, led by New Enterprise Associates (NEA). Get the Full Story Complete the form to unlock this...
There is almost nothing in life worse than having to publicly deliver on high expectations. A situation that the good people at First Data (FDC) learned rather directly last week. Before the opening bell was rung, some speculated that First Data’s IPO would attract enough...
French security tech and smartcard maker Oberthur Technologies has announced it is heading for an IPO on the Euronext Paris exchange. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Happycar, a European car rental comparison site with its sights set on worldwide expansion, raised $1.58 million in its latest funding round, TechCrunch reported late last week. One of the most notable backers includes Global Founders Capital, the venture arm of German eCommerce giant Rocket...
As the good people at Morton Salt first said in 1911, “when it rains, it pours.” And last week that rain came in the form of IPOs, with big updates from Square, big news for the widely coveted Worldpay and something of a big letdown for...