From a leading card network’s digital ambitions to greater clarity on a social network’s payment strategy, this year’s earnings season has produced lots of interesting insights for folks in the payments industry. To bring it all together, PYMNTS.com has summarized what we’ve learned so far...
Competing with disruptors is out and embracing disruption is in, says Capital One’s Head of National Small Banking and Digital Platforms Brian Hamilton. He told MPD CEO Karen Webster that FIs are wrong to think any differently and innovators are wrong to think that FIs...
Most large merchants have visions of omnichannel dancing thru their heads, but having to manage multiple acquirer relationships makes that tough. A European startup called Zooz has solved that problem for merchants in Europe and is now headed to the US. What’s their formula for...
The near ubiquity of smartphones and tablets is affecting consumers’ shopping habits, as a new Harris Poll points out certain technology preferences consumers have in buying stuff online. Still, consumers have their preferences on what to buy in stores as well, and age differences also...
Sure, the “big name” darlings in the industry are getting their share of funding but other startups, not so much of late. Are investors simply growing tired of the market and are looking to take their money elsewhere? Or is there a more plausible reason...
A federal judge last week denied requests from Visa and MasterCard to have lawsuits filed by merchants that opted out of an earlier Interchange-fee settlement agreement dismissed. And, we’re just getting started. So, what else did Judge Gleeson decide?
When FT columnist John Gapper took the US payments system to task, it prompted MPD CEO Karen Webster to point out all of the goodness and innovation that the US Payments system has spawned. She also blew a hole in several of the UK payments...
eBay’s Q2 2014 results are out. PayPal was the standout player for the e-retailer with 4 million new active users, a 20 percent increase in annual revenue and an almost 30 percent annual increase payment volume growth. The rest of quarter for eBay? The company...
Pop quiz. How does Apple make money? Selling hardware. Very good. So, is anyone really surprised that it may have its own plans to sell its own iBeacon transmitter? Well, recent filings with the Federal Communications Commission would suggest that is exactly what’s on the...
