Advertisement

ShopSavvy Releases Updated Mobile Shopping App

Nov. 21, 2011

Dallas-based ShopSavvy last week released the latest version of its one-tap purchasing app for the iPhone and Android. ShopSavvy said it has expanded in-app purchasing to include a wider range of retailer Websites, like Walmart.com, Target.com, BestBuy.com and BN.com, among others. The app enables registered ShopSavvy users who scan an item in a store and see a better deal online to purchase it immediately without leaving the app. "Mobile commerce will double this year to $6 billion, according to Forrester Research, and ShopSavvy expects to play a big part in this growth by offering convenient in-app purchasing from a rapidly expanding roster of retailers nationwide," said Alexander Muse, founder and CEO of ShopSavvy. "This is a natural extension of what ShopSavvy has always done best—giving shoppers the tools they need to save money and time, which is never more important than during the busy holiday season." Earlier this month, ShopSavvy secured $7 million in Series A funding in a round led by Eduardo Saverin, Facebook co-founder and private investor, who has joined the company's board of directors.


  • Customers Come First, Even While Fighting Fraud - Jan. 29, 2015
    Customers Come First, Even While Fighting Fraud

    At an executive summit hosted by antifraud provider 41st Parameter, a succession of presentations and panels highlighted the challenges faced by fraud and security departments in every merchant vertical and financial institution tasked with securing critical data and rooting out fraud while simultaneously protecting the customer experience.


Advertisement


  • Supreme Court Will Not Hear Durbin Case - Jan. 22, 2015
    Supreme Court Will Not Hear Durbin Case

    The U.S. Supreme court yesterday declined to review an appellate decision affirming the caps on debit interchange and network routing requirements formulated under the Durbin Amendment to the 2010 Wall Street reform package.

  • President Unveils Sweeping Cybersecurity Initiative - Jan. 15, 2015
    President Unveils Sweeping Cybersecurity Initiative

    On Tuesday, President Obama unveiled a comprehensive package of cybersecurity legislation that features incentives for private/public information sharing, criminalizing certain cybercrime-related activities and implementing a national standard for breach notification.

  • EU Agrees to Interchange Legislation Including Caps - Dec. 22, 2014
    EU Agrees to Interchange Legislation Including Caps

    The most recent chapter in efforts to cap interchange fees in Europe ended last week when the European legislators reached an agreement in principle with member nations capping cross-border interchange fees at 0.2 percent per debit-card transaction and 0.3 percent per credit-card transaction.

  • Alibaba Threatening Main Street? - Dec. 18, 2014
    Alibaba Threatening Main Street?

    The Alliance for Main Street Fairness (StandWithMainStreet.com) has produced a television ad warning that, after its enormous IPO, Chinese e-commerce company Alibaba.com will take advantage of current tax law to "decimate local retailers."

Advertisement

 

 

Sign Up Today Free

Receive the twice weekly CNP Report and monthly feature articles providing in-depth examinations of global CNP issues.

Please take a moment and register.
* First Name:

* Last Name:

* Password:

* Confirm Pwd:

* Email:

* Category:

Company:

 
Captcha
Answer:

 

 

CNP Archive

Researching companies or people in the CNP industry? Search our past coverage for targeted news and information.

Search here