Chase Card services performed well in Q2, acquiring new 2 million new consumers with end of quarter receivables hovering around $2 billion. Delinquency rates also fell, while active mobile users were up more than 20 percent to 17 million. So if consumers were using their...
Last week Intuit announced the launch of PayWithBitcoin, a new service that integrates its new online bitcoin wallet with processing provider Coinbase. PYMNTS spoke to Manish Shah and Clinton Neilsen, the two Intuit engineers who are the brains behind this Bitcoin payments integration. But will...
In another PYMNTS first, we’re going to bring you weekly scoop on ALL of the investments in the payments space – VC funding, strategic investments, buybacks, acquisitions – for both retail and commercial payments. This week we summarize all that happened in the month of...
Let’s play a little Bitcoin Jeopardy, shall we? We just gave you the answers, so tell us the questions. We’ll give you a hint. One of them is “How Much is Bitcoins.com expected to bring at auction?” See how well you do in this week’s...
Online marketplace Google reportedly has set aside $500 million to fund expansion of its same-day delivery service to more cities, presumably to go head to head with Amazon who has the same ambitions. Yet, this announcement comes on the heels of eBay shuttering plans for...
Reading the retail trend tea leaves and following the VC investment breadcrumbs would have everyone thinking that physical retailers should more or less fold up their tents and move online. But that’s exactly the opposite of what one online retailer is doing and scored $55...
Banks have deep reputational damage in need of repair. Blamed by many for causing the Great Recession, financial institutions adding fee and other controversial policies have only added to their difficulties in regaining consumer trust. A new Nielsen report offers some tips how they can...
A popular commercial in the 2000s depicted the debate over Mac computers versus PCs. Currently; the larger battle is between what types of smartphones consumers carry. Do you run on iOS software, or are you an Android backer? For the latter group, the last year...
Embellished denim, gaucho pants, Birkenstocks - three things that the fashion forward of PYMNTS never thought would live to see another day. Now add “knuckle buster” (aka manual credit card terminal) to that list. This 50-year old piece of payments memorabilia returned for the dead...
