Canadians aren’t so beholden to their debit cards as once was believed. In fact, debit isn’t their preferred form of payment in any of the eight merchant categories TSYS asked about in a recent consumer study, the results of which were released earlier today. In...
South Korea appears to be on the verge of getting rid of a decades-old security policy that has made competing in the global online marketplace problematic. At the heart of the issue are rules requiring first-time online shoppers to install ActiveX controls and to receive...
TIO Networks’ cloud-based biller platform has faced some rough times of late with declining revenues. But it’s recent acquisition of Globex Financial Services appears to offer a much-needed silver lining to its plans for growth and improved margins. Go inside its latest earnings report.
Only the bitcoin community could put on a happy face when the IRS led the way for tax authorities around the world to blow up billions of dollars of value for bitcoin holders. Coindesk, with its typical only-good-things-happen-in-bitcoin-land attitude, noted cheerfully, “The increased clarity …...
In her commentary column in the March 24 PYMNTS newsletter, Market Platform Dynamics’ CEO Karen Webster asked whether now is the time to hit the pause button on EMV. She’s not alone in sharing that view, as more payments-industry insiders are wondering whether the push for...
Bitcoin collecting and use just got a lot more complicated, thanks to a March 25 IRS notice classifying bitcoins as property and not currency. As such, it imposes a huge record-keeping burden on anyone who is dealing in bitcoins. According to the IRS, general tax...
New research from Bankrate.com suggests banks should re-examine their branch strategies to reflect reductions in use. This comes as other research from the company suggests consumers are feeling better about their financial security.
Since late January 2014, eBay’s board of directors and activist investor Carl Icahn have been fighting over the future of PayPal, eBay Inc.’s payment subsidiary. After a months of accusations, arguments and insults, the battle seems to be over as both sides move toward compromise....
: In a swift decision a three-judge panel of the D.C. Circuit Court of Appeals upheld the Federal Reserve Board’s final rules on debit card swipe fees and routing, reversing Judge Leon’s stinging decision in favor of retailers. It turns out that if only Congress...
