Do you know… how many tens of millions of dollars Americans will spend on Mother’s Day this year? How many consumers will exchange personal information for a good deal? How many trillions of dollars the credit card industry will process this year? If not, keep...
"Bitcoin as a currency is so last year" is the sentiment in Silicon Valley these days. Serious enthusiasts of bitcoin and its digital currency brethren insist that the thing that will change the world is "the protocol" - the block-chain and the rules for verifying...
In a recent conversation with Fortune, American Express CEO Ken Chenault spoke about the future of commerce, which he believes is mobile. According to Chenault, mobile payments represent a $25 trillion dollar a year opportunity, with five major players—Google, Apple, Amazon, Alibaba and Facebook. Get the...
Western Union had a mixed first quarter in 2014, reporting both a drop in net profits but an uptick in revenue in 2014. The Colorado-based money transfer service reported first-quarter net income of $203 million, which represents 4 percent from $212 million in the first...
Tencent and others have joined The People's Bank of China and banned accountholders from engaging in Bitcoin-related activity. That caused the price of bitcoin to drop - The PYMNTS.com Bitcoin Price Index can show you how much. Between that and a search to replace the...
FIS is starting 2014 with a strong quarter and is making plans to serve under-banked mobile customers.
Hmm. While overall smartphone shipments jumped 33 percent for first three months of the year, competition from second-tier smartphone providers cut into industry leader Samsung’s market share for the first time since 2009. Check out how Apple and other handset manufacturers fared.
Fuel card provider FleetCor announced two international deals while reporting strong first quarter earnings at market close yesterday. One of the deals, involving Shell in Germany, gives the company a needed presence in continental Europe as it looks.
The application allows customers to safely store eligible payment and gift cards on their smartphones and make purchases directly from the phone by simply holding it up to contactless payment terminals.
