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EBay and PayPal Will Part Ways in 2015 Split is intended to boost opportunities and revenue

After a strategic review, eBay has announced plans to spin off PayPal as a separate business in 2015. The e-commerce giant's board of directors is touting the separation as a…

September 30, 2014, 2:52 PM EDT

Hackers Steal Consumer Data at Jimmy John's Sandwich Shop Latest chain under attack

Jimmy John's sandwich chain has become the latest victim of hackers, joining  a growing epidemic of financial attacks against consumers. Hackers targeted the Illinois sandwich shop, with 261 locations, between June…

September 25, 2014, 11:15 AM EDT

Kickstarter Looks to Wash Hands of Broken Promises Updates terms of service to include lawsuit clause

Less than a week after the Federal Trade Commission updated its requirements for online retailers, which must provide refunds when goods and services aren’t delivered in a timely fashion, Kickstarter today…

September 24, 2014, 3:35 PM EDT

PayPal Accepts Bitcoin for Games, Ringtones and Music Purchases Is anonymous currency going mainstream?

PayPal has dipped another toe into the uncertain waters of virtual currency by announcing that its customers can use Bitcoins to pay for digital music, games and ringtones. Those payments won't…

September 24, 2014, 11:54 AM EDT

Can Apple Win Over Retailers With Its Digital Wallet? Walmart already is snubbing Apple Pay

Launching a revolutionary digital wallet is going to prove challenging even for Apple as it lobbies retailers large and small to invest in the technology. Just two days after Apple debuted…

September 11, 2014, 12:02 PM EDT

Braintree, eBay's Payment Processing Company, Plans to Accept Bitcoin A victory for digital currency

Braintree will start accepting Bitcoin as a valid currency soon, The New York Times reported this week. The payment processing company, purchased by eBay last year, announced its plans at the TechCrunch…

September 10, 2014, 3:26 PM EDT

Amazon Sponsored Links Seen as Direct Threat to Google AdWords E-commerce giant tapping its data for ads

Amazon is taking control of its own advertising. The e-commerce giant has developed Amazon Sponsored Links to deliver ads on its properties based on keywords users search while shopping online,…

August 25, 2014, 3:57 PM EDT

Peer-to-Peer Digital Banks Are Lending Billions of Dollars Trend grows in U.S. and U.K.

A recent Fitch Ratings report shows that the peer-to-peer (P2P) digital banking space has become a billion-dollar industry and is growing fast.  The largest P2P lenders in the world include Lending Club…

August 20, 2014, 12:15 PM EDT

AppNexus Picks Up $60 Million, as Valuation Grows to $1.2 Billion Funding to help to further global presence

AppNexus has picked up $60 million in funding from a "large, Boston-based public equity and asset management firm," per a statement from the ad-tech company, which also revealed that an…

August 18, 2014, 1:42 PM EDT

Gilt Co-Founder Leaves for Startup Alexandra Wilkis Wilson will take over as Glamsquad chief

Gilt Groupe co-founder Alexandra Wilkis Wilson is leaving her role at the company she helped nurture from a startup idea to a global enterprise to become co-founder and CEO of…

August 12, 2014, 1:20 PM EDT

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