Controversial

Alternative Finances
Ice Cream Goes Mobile
July 04, 2014

There is nothing more American than the site of an ice cream truck rolling by and a gang of small bathing-suit clad children running behind it. However, while no one would disagree that the Ice Cream truck is iconic—very few people would ever point to...

Controversial
Wanelo and Nordstrom To Make Shopping Social Again
July 03, 2014

Social commerce hasn’t’ exactly set the world on fire. Wanelo and its new partnership with Nordstrom would like to change that. Wanelo’s Social Commerce Evangelist Rachel Youens tells PYMNTS about their ambition to become “the Facebook of eCommerce” and bring social back to shopping -...

Controversial
DOJ vs. Amex: Will Amex Prevail?
July 02, 2014

It’s taken four years, but a civil antitrust case the Department of Justice filed against American Express in 2010 is set to go to trial on July 7. The DOJ wants Amex to allow merchants to let customers know they have options to pay that...

Acquiring
Merchant Surcharging: Much Ado About Nothing
July 01, 2014

Merchants today are free to use cash discounts and credit card surcharging to steer customers to lower-cost payment alternatives, but they actually don’t. A new Boston Fed study found that less than 2 percent of transactions typically receive discounts for using cash or debit cards...

B2B Payments
Report: India Jumping To Automated Expense Management
June 30, 2014

In a digital world, it comes as no surprise that companies are trying to find the best automated options for all aspects of their business. While organizations in India may have come late to the party in certain respects, recent data indicates that nationally enterprise...

Commentary
PYMNTS Talks Back: About Second Chances in Payments and Innovation
June 27, 2014

[View the story “PYMNTS Talks Back ( Of Second Chances in Payments and Innovation)” on Storify]

Company Spotlight
In Europe, MasterCard Seeks To Draw Amex And Diners Club Into Merchant Fee Caps
June 27, 2014

New research supported by MasterCard not surprisingly shows most merchants would like all card brands to be forced to cap how much they charge for acceptance, not just bankcard brands. Who wouldn’t want their costs reduced? But under current pending legislation, such “three-party” networks as...

Alternative Finances
LevelUp Keeps Merchants and Consumers Communicating With In-App Surveys
June 26, 2014

Restaurant owners may not relish customer complaints, but they are certainly preferable to the unsatisfied customer who never returns, or even the happy customer that never mentions that an establishment is making the best sandwich in Boston. LevelUp wants to bridge that gap between eaters...

Controversial
America’s Ticking Financial Time Bomb
June 25, 2014

Americans generally are feeling more comfortable about their financial security, bolstered by an improved job market and stocks at record highs. But should another financial crisis occur, they are SOL since many lack the savings to cover their expenses but feel all that concerned. Are...