As of yesterday, iPhone 6 and 6 Plus users with American Express and Visa cards issued by Capital One, Bank of America, Chase, Citi Bank and Wells Fargo will be able to utilize Apple Pay. Get the Full Story Complete the form to unlock this...
Nearly one-third of the U.S. population is either underbanked or unbanked, according to the FDIC. And over 20 percent of employees in the U.S. do not have bank accounts, often leaving their employers without an effective way to pay them. For SMBs in particular, payroll...
With the launch this week of Apple Pay and the coming spinoff of of PayPal from eBay, Square faces the prospect that its customers could be lured away by rivals’ lower fees, easier transactions and a deeper pool of buyers and sellers, according to Bloomberg...
Capital One said significantly fewer of its credit card holders defaulted on their card debts in the third quarter — but the bank’s CEO called that situation “unsustainable” and said he expects the chargeoff rate to bounce back in 2015 to 2013 levels, according to...
Amazon, which at one time had the reputation for undercutting other e-tailers with slightly lower prices, has lost the online pricing edge to both Walmart and Target. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Two Major League Baseball stadiums will be accepting Apple Pay and will do so just in time for the World Series Tuesday (Oct. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Henry Ford didn’t invent the car, the internal combustion engine or the wheel— those honors go to Karl Benz, Nikolaus Otto and Eugene Langen (or Eugenio Barsanti and Felice Matteucci) and an unknown early human who lived before the era of patents. And yet when asked about...
The Bitcoin payments processor that was created by former Visa and Cybersource people, Bitnet, has pulled in $14.5 million in funding, including from a new player on the digital currency scene: Rakuten. Get the Full Story Complete the form to unlock this article and enjoy...
When the Open Payments launched earlier this month, it had the same kinds of small glitches that many major site launches have. But this site, designed solely to shed light on B2B medical payments, skipped some $1.1 billion in transactions, according to a Wall Street...
