We all know that for mobile payments to ignite, consumers and merchants have to see the value. But what MPD Managing Director, John Caron saw yesterday didn’t blow him away. If it’s all about payments, then he’s not convinced it’s enough to get anyone to...
Say hello to Apple Pay. It’s the new kid on the payments block and, depending on how things unfold, it could be the new gorilla in the mobile payments ecosystem. MPD CEO Karen Webster shares her first thoughts on what Apple Pay is and how...
Having been dragged into a payment card interchange lawsuit, Visa Europe Limited and Visa Europe Services are pushing back, arguing that Walmart-led lawsuit “casts too wide a net, lumping them in with Visa even though they are only licensors of Visa and are owned by...
The Seven Need-to-Knows About Apple’s New iPhones and Mobile Payments 1. Apple will introduce NFC-enabled iPhones–the 6 and 6 Plus of sizes 4.7” and 5.5” respectively. 2. Apple Pay is the mobile payments capability. It will tokenize cardholder payment information on a secure...
Alibaba Group launched the roadshow for its $24 billion initial public offering in New York on Monday (Sept. 8). But although China’s e-commerce giant has updated its IPO filing six times since May, there are still unanswered questions, according to a Wall Street Journal blog....
Home Depot has confirmed that its payment systems were breached at U.S. and Canadian stores, the retailer said on Monday (Sept. 8). The breach may have begun as early as April 2014, according to the chain, which is offering free identity protection services and credit...
How Innovative Is Payments? No one really knows how to consistently define or measure innovation. Hear me out. Tuesday (Sept. 9) is finally the day that Apple, a company that has topped just about every chart imaginable that measures innovation over the last three decades...
PYMNTS Innovation Investment Tracker Here we are two months into Q3 and there are some interesting trends to observe in the FinTech investments space. Banking and security rule So do investments in retail payments Summer was defined by some pretty big acquisitions on both the...