Discover CEO David Nelms declared late Tuesday (Oct. 21) that his brand–the largest of the card brands to not join Apple Pay–will indeed soon be an Apple Pay partner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
As the industry tries and reacts to the massive cyber attack inflicted on JPMorgan Chase, federal and state authorities are pushing banks and brokerage firms to close some gaping holes in their defenses, the New York Times is reporting. Get the Full Story Complete the...
Apple Pay’s decision to use tokens has some fringe benefits beyond allowing retailers to get money without storing payment credentials. Like many token efforts, because Apple Pay is not storing the payment credentials, the Wall Street Journal points out, it can avoid a lot of...
Jumio, a company that tried to make mobile payment easier by using the phone’s camera to sidestep manual data entry, on Tuesday (Oct. 21) introduced Bam Checkout, which the company is hoping will counter Apple Pay, according to TechCrunch. The new twist is allowing users...
Former Microsoft CEO Steve Ballmer played down the innovativeness of Apple Tuesday (Oct. 21), saying that Apple Pay was “obvious.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
International iPhone users may have been a little bummed about the fact that since Monday, Apple Pay was officially rolled out only in the United States. Well according to Whirlpool forums, international users have found a loophole and can to utilize the service. Get the...
Apple’s fourth-quarter earnings came in just hours after Apple Pay launched Monday (Oct. 20), with Apple delivering several record-breaking revenue, sales and profit numbers. Those numerical victories come from strong sales of the iPhone6 and 6 Plus, which are enduring huge backlogs. Get the Full...
Boost Intercept, the B2B platform from Boost Payment Solutions, is seeing sharply growing demand among commercial card issuers, third party processors, corporate payers and suppliers the product is designed to eliminate the need for suppliers to manually process transactions or access card data, expediting reconciliation...
With the official rollout of Apple Pay, all Wells Fargo customers now hold the ability to utilize the platform with ease and most importantly, security. Wells Fargo Debit and Credit Card holders, as well as small business debit cardholders will have the ability to conveniently...
