For farmers across the developing world, being trapped in a cash-based economy is costly. Those costs come in all forms—what commodity buyers farmers can work with, security risks associated with constantly carrying around large wads of currency, the unpredictable price fluctuation and pressure to produce...
To the extent that the lack of evidence can suggest anything, the FBI is saying that the cyberthieves who attacked J.P. Morgan Chase did not continue their assaults any other big U.S. banks. Or, if they did attempt such attacks, those attempts were unsuccessful. Get...
A little more than a year after mobile industry exec Dekkers Davidson took the reins as CEO, The Merchant Customer Exchange (aka MCX) gave us all a little peek into its mobile payments strategy Wednesday (Sept. 3). Get the Full Story Complete the form to...
It wasn’t long ago that this time year was the chance for preppy students to show off their ability to stay hip by wearing the latest fashions in back-to-school dress. Clothing, however, apparently isn’t as fashionable these days as having the latest tech. Get the...
The Consumer Financial Protection Bureau (CFPB) warned credit card companies not to mask hidden charges associated with low promotional interest rates, according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
“If only Apple weren’t so secretive, if only we knew what their intentions were toward mobile commerce,” said every payments player everywhere at some point ever. Bad news: the team at PYMNTS cannot read Apple’s mind. Good news: PYMNTS can do the next best thing--read...
The World Bank is pushing the G20 nations to increase digitized payments to the world’s 2.5 billion unbanked adults, saying that less cash will mean more economic growth, more financial inclusion and improved empowerment for women. Get the Full Story Complete the form to unlock...
Amazon has removed a lot of the friction associated with shopping on and offline: easy checkout, fast delivery, massive product inventory. Yet Safwan Zaheer, a global product and strategy exec for a top global bank, said retailers can harness the power of digital to enable...
Delta Airlines this week reached a settlement with Visa and MasterCard in its dispute over interchange fees. The airline had opted out of a settlement agreement the card brands reached with merchants last year that the retailers contended was unfair. Should American Express, which issues...