PayPal’s third-quarter earnings reported Wednesday (Oct. 15) climbed 20 percent to $1.95 billion, gaining 4.4 million new active registered accounts to end the quarter at 157 million active registered accounts (14 percent growth from last year). PayPal’s mobile payment volume grew 72 percent to $12 billion while its net...
There’s one way to be certain that POS data can’t get stolen – don’t have data at the POS in the first place. That’s the innovation that Intel launched Wednesday (Oct. 15). Intel Data Protection Technology For Transactions creates an encrypted tunnel thru which cardholder...
Three key retailers—American Eagle Outfitters, Office Depot and Lucky (grocery)—who had been part of a Google same-day delivery service called Google Express have now changed their minds and withdrawn, according to a report in Fortune. The story did not say those retailers pulled out (“Why...
Apple Pay training documents are now again pointing to Monday (Oct. 20) as the date when Apple wants retailers to start offering shoppers Apple Pay, according to a MacRumors story. This seems to be verified by a 9to5Mac story that quoted from a memo from...
iPhone 6 owners will be able to command Siri to activate Apple Pay. According to Bank Innovation’s Ian Kar by commanding Siri to open a particular card, Apple’s passbook automatically opened, signaling the that Apple’s digital assistant and payments platforms are tied. The integration with Siri...
Mark Twain famously said “rumors of my death have been greatly exaggerated,” and though the statement is actually a slight misquote of a correction Twain once sent to a newspaper for his incorrectly run obituary, it is a sentiment that Square can likely relate to...
As VeriFone looks out over the next decade in payments, it sees a world where terminals are as relevant as they are right now – with one big difference. Vin D’Agostino, VeriFone’s SVP of Global Commerce Enablement, tells MPD CEO Karen Webster that what’s different...
Groupe BPCE, France’s second-largest banking group, released more details Tuesday (Oct. 14) about the technology — and privacy hurdles — of the new pay-by-tweet service that was announced last week. The basics involve downloading BPCE’s S-Money App from the the iTunes store or Google Play...
The problem with the B2B payments mindset is that financial players still focus on the money transfer element, when it’s the data that has to rule. This is colored mostly by the fact that B2B payment professionals also happen to be consumers. And the important...
