Nearly a third of merchants who participated in a recent survey believe mPOS to be riskier than standard e-commerce offerings. As more merchants march onward to replace their POS systems with mobile solutions, unprotected data is providing a slew of opportunities for malware to damage...
If a company has made a pledge to grow revenues to $30 billion by 2019, and is adding hundreds of new storefronts worldwide in 2015, why would they announce layoffs at corporate headquarters — the supposed nerve center of the entire company? Also, why is...
Effective on January 15, MasterCard has appointed Michael Fiore as group executive of Global Prepaid Solutions, according to a company release. Fiore will lead the ongoing development and execution of the company’s global prepaid strategies in his new role.
Two of the top challenges that financial institutions must face today include needs-based and multi-channel payments. Digital business is blurring the boundaries between industries, but one big question remains: will traditional payments be one of them? In a recently debuted video, Gartner along with Alaric,...
Apple Pay has gone live at yet another regional grocery group. The 217 Lucky, Save Mart and FoodMaxx supermarkets in Northern California and Nevada now all officially support Apple’s mobile payment system, their corporate parent announced on Thursday (Jan. 15). The official rollout comes weeks...
The conventional wisdom that falling oil prices are a catalyst for increased consumer spending took a major hit yesterday (January 14) with the release of the U.S, retail sales number by the Commerce Department. The figures released indicate that retail sales suffered their largest decline...
2014 was the that mPOS went mainstream: mPOS became ATMs, mPOS enabled-Apple Pay, and existing mPOS platforms delivered a whole new level of functionality. We tracked 136 companies over the last year and have 9 key takeaways about the mPOS marketplace. The latest PYMNTS mPOS...
Apple Watch will use a four-digit passcode that users must type before making Apple Pay payments, CSO Australia reported on Wednesday (Jan. 14). Details of the Apple Watch payment process emerged by way of an unreleased companion app that Apple has been developing. The companion...
With the clock ticking down toward the October 2015 deadline for retailers to accept EMV chip payment cards, First Data said it will offer its customers EMV testing tools that have been certified by Visa and MasterCard. The payments processing giant has struck a deal...
