Even though Discover’s payments volume rose and its loan portfolio grew by 6.4 percent, the card issuer’s net income plummeted 33 percent for the last three months of 2014. The biggest contributor to the plunge: a change to Discover’s rewards program that makes it easier...
As U.S. President Barack Obama gears up for his sixth State of The Union address tonight (Jan. 20), the leader of the free world will likely focus his efforts on the state of the U.S. economy. After all, when America’s economy crashes, the rest of the...
How important is mobile payments for the U.S.’s biggest issuers? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
There’s plenty of differences between the mobile commerce market in the U.S. and the mobile ecosystem seen in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Who said that the mPOS market was all locked up? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
There’s no doubt that the face of retail is changing. And this week in New York, retailers and the marketers and technologists that work with them are together trying to figure out how to get ahead of that change and turn it into an advantage....
2015 is here. The holidays are over, and resolutions have already been made (and a few probably broken by now, too). And, the kids are back in school after the holiday break. So, in the spirit of school being back in session, we thought it...
“If you want to live in a cashless society, where most consumers and merchants are using their mobile phones for payments and other financial services, pack your bags and head to Somaliland or a few other destinations that are as long on mobile payments as...
The rise in popularity in the ridesharing market did exactly what e-Commerce did to traditional brick-and-mortar retail. It disrupted the space, undercut business models and angered those in the industry — but it grabbed consumer attention. Get the Full Story Complete the form to unlock this article...