Mobile Payments currently accounts for about $50 billion, but that number is expected to nearly triple by 2019 to $142 billion, the New York Times cited from a report from Forrester Research. The study, which was released Monday (Nov. 17), included industry thoughts from a...
The full capacity of Apple Pay is yet to be seen since its September launch, but it’s predicted that Apple’s mobile wallet could make up for as much as 20 percent of the payments market by 2019, Investors.com reported. The article, citing a survey of technology...
Visa execs Charles W. Scharf, CEO and Global Head of Innovation and Strategic Partnerships, Jim McCarthy sat down in two separate discussions to talk about payment innovations within the past year, as well as Visa’s token business and Apple Pay. McCarthy spoke at the Pacific...
Seamless, the company behind the mobile payment solution SEQR, recruited Beverly Cole as its new U.S. Head of Sales, according to a company release. Previously, Cole held various lead positions in finance and technology, and most recently comes form First Data, where she was SVP...
McDonalds is now reporting that Apple Pay is the payment mechanism behind 50 percent of all of its tap-to-pay transactions, which is more impressive than it sounds given the many years McDonalds has been accepting contactless payments. McDonalds has also been creative–although possibly impractical–about taking...
I’m sure you’ve heard by now that the internet was on fire last week, and nearly broke. Yes, there was that Kim Kardashian Paper magazine cover that apparently got a few clicks. But what really set tongues a waggin’ – in payments at least –...
“When the going gets tough, the weird go pro.” Hunter S. Thompson “Gonzo journalist” Hunter Thompson sure captured the week in payments with that sentiment. Sometimes, it’s an absolute banner week in payments news. Other weeks are slow (but not lately, thanks to Apple Pay)....
Been a tougher than normal week for Apple, as some news about a Chinese malware called “Wirelurker” snagged headlines and gave the world a glimpse into the future of iOS security concerns, a future that could be called “Masque Attack.” Also Apple Pay’s competition seemed...
The ever-evolving payments environment makes it more challenging than ever for payments professionals to keep up, says Adrian Brown, Director of Education at The Payments Authority. PYMNTS recently sat down with Brown to get his views on the role of continuing education for payments professionals...