U.S. international trade improved in June, as exports of goods and services showed more than a $3 billion reduction in the trade deficit compared with revised May trade data, government data released Aug. 6 show. But while the monthly trade differential improved for the U.S.,...
From security to breaches to EMV to mobile wallets to Apple (and maybe NFC!), 2014 has been quite a thrill so far. Want to know what ten players who’re in the thick of innovation have to say about what’s in store for the rest of...
Milk, blueberries, yogurt, Popchips, Comcast monthly bill? Yep. A growing roster of retailers now enable their customers to pay a variety of monthly bills at checkout. And, the benefits go well beyond customer convenience – increasing both foot traffic and impulse buys, especially for those...
Have you heard? Social commerce is going to change the lives of everyone, everywhere. Want to look at pictures of other people’s cats—buy cat care supplies while doing it. Think that girl from the 10th grade looks fat in that dress? Good news—it will soon...
The Internet is opening up the world to cross-border eCommerce, especially for smaller companies. Yet fragmented regulations and payment systems among various countries where trade tends to be conducted is hampering the full potential for e-trading, a new report suggests. But which countries are doing...
Online crooks are getting more sophisticated by the second. Nowadays, fraudsters have the ability to conduct “clean fraud,” obtaining legitimate identities of users from the black market or data breaches to compromise a victim’s card account. Malware, too, is becoming more sophisticated both in the...
“There are a million good ideas out there,” says Marc Gardner, President and CEO of North American Bancard, a mobile commerce platform that powers PayAnywhere. Gardner gave PYMNTS a tutorial on how to turn “a million good ideas” in payments into an innovation homerun –...
During the second quarter, consumer confidence globally climbed a point, to the highest it has been since the first quarter seven years ago. The confidence, however, doesn’t appear to be playing into payments players’ favor, however. Visa, for example, says its numbers don’t show yet...
Starting this month and running through November, the World Bank is launching global consultations on its proposed reforms for the national procurement of goods and services. The potential reforms are for projects funded by the World Bank and, so far, the response has been largely...