TSYS on Tuesday (Oct. 28) reported third quarter revenue of $616.9 million, an 8.1 percent increase, and income from continuing operations jumped 27.9 percent to $82.9 million. It also reported double-digit revenue growth in three key segments. Get the Full Story Complete the form to...
It started with the Rite Aide and then spread to CVS, now, according to NYT reporting the battle for the merchants between Apple and MCX is heating up as more major retailers are finding that though they might be interested in taking mobile payments, they...
Taco Bell and Outback Steakhouse are shifting their businesses to deal with the new smartphone reality. Taco Bell on Tuesday (Oct. 28), for example, rolled out its version of the mobile app to allow customers to order ahead and place a food order for pickup....
Surveys are predicting more shoppers in the malls this holiday season and a 4.1 percent rise in holiday spending. That’s the good news. The bad news is that, once again, such surveys don’t predict margin and if those shoppers gravitate only to the lowest margined...
If you’re going to go mobile payments, then really do it. That seems to be the approach of Wells Fargo, which is paying credit card customers $20 to sign up for Apple Pay. Debit and prepaid customers will only get $10 to sign up and...
Facebook CEO Mark Zuckerberg laid out his company’s three, five and 10-year-plans Tuesday (Oct. 28), and none of those plans involved Facebook launching its own payments engine. But that doesn’t rule out Facebook choosing to have a major influence, as Zuckerberg said the massive social operation...
The Consumer Financial Protection Bureau (CFPB) is looking hard at banks’ policies on opening consumer checking accounts, including the third-party databases they use, American Banker reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Although it’s widely known that Apple Passbook is an area that very few shoppers have bothered with yet, what is less clear is why and whether Apple Pay’s repeated use of Passbook is going to motivate shoppers to try it directly. A report from Flagship...
It’s no secret Twitter wants to be the next big player in E-commerce, but it is a mystery, at least to those listening in to Monday’s (Oct. 27) call with investors, how. Some three-and-a-half months after buying CardSpring, a payments infrastructure firm, company executives had...
