Last week, there were a couple of major announcements in the world of mobile payments that suggest that the battle for supremacy in the mobile payments world is heating up – and in a pretty big way. We’ll certainly hear and know lots more as...
Banks still haven’t sent new EMV credit and debit cards to more than two-thirds of their customers despite a looming Oct. 1 deadline, according to a new poll from CreditCards.com. According to the late-January survey of 1,038 U.S. adults, only 31 percent said they have...
Earlier this month, MasterCard kicked off its first-ever Masters of Code competition in Sydney, Australia. The 10-city event will traverse the globe, pitting developers, designers and entrepreneurs in friendly competition, using MasterCard-supplied APIs to create the most innovative prototypes for next-generation commerce applications. Just after...
Germany-based financial services and technology services company Wirecard is making point of sale payments more intelligent. The company announced that it is going to expand the range of functions for POS terminals with an intelligent payment interface that will enable the processing of payments from...
MasterCard now has cloud-based in-store mobile payments live in 15 countries, with another 10 in the pipeline, the card brand announced on Tuesday (Feb. 24). The live programs and pilots, which are underway in the U.S., Canada, Australia, Russia and across Europe, use Host Card...
With the deadline for accepting EMV payment cards now just months away, 38 percent of U.S. small merchants still don’t have plans to upgrade their point-of-sale systems, according to a new American Express survey released Tuesday (Feb. 24). Of the small retailers — merchants who...
Every consumer knows not to go to a grocery store when hungry because it invariably ends the same way – leaving the store with way more food than needed – when an empty stomach is in charge of the trip (and therefore, the wallet) instead...
In the United States each day, about 2 million people travel by air. On average, those travelers are in their late 40s and earn between $60,000 and $85,000 annually. And those 2 million passengers are evolving into an increasingly digitally enabled group. One-quarter of air travelers use Web–based...
When Tim Cook announced at Apple's last earnings that Apple Pay was being accepted at 200k new merchant locations, no one focused on the fact that those merchant locations were part of the retail’s big blue ocean: unattended retail. Stephen Herbert, Chairman and CEO at...
