Apple has been rumored to be close to supporting NFC for more than four years, with Apple never doing it. That ambivalence is critically important, as the aggressive pilot-happy demographic that loves the iPhone is exactly the audience that NFC needs to woo. As long...
Spending on credit cards is back in vogue. And this time, issuers are reaping the benefits of better loan quality. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
After months of rumors, Square confirmed Monday (Aug. 4) that it has purchased Caviar, a food delivery service, for an undisclosed amount. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
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BlueSnap announced today a partnership with ecommerce software provider iGlobal Stores, according to a BlueSnap release. Now, through iGlobal’s integrated checkout page, merchants can automatically calculate cross-border tax and shipping fees, lower costs of logistics and meet legal obligations, all while localizing the checkout experience...
MoneyGram International Inc. is feeling the impact of Walmart’s recent launch of a competing U.S.-to-U.S. white label funds-transfer service, as domestic transfers for the company initiated at Walmart stores declined 31 percent and revenues dropped 33 percent during the second quarter, the Dallas-based company reported...
Getting consumers hooked on something new is every innovator’s dream. There’s only one big problem: Consumers don’t break old habits easily. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Strengthening its hold over Croatian payments industry, American Express has partnered with the country’s second largest bank “Privendna Banka Zagreb” to provide an NFC payment service using host card emulation (HCE) technology. Get the Full Story Complete the form to unlock this article and enjoy...
MasterCard showed sizable second-quarter gains, with net revenue up 13 percent driven by significant transaction growth on both the consumer and commercial credit side. It has plans to roll out MasterPass over the next few years to the markets that drive 75 percent of its...