News

In Depth
Are Social Networks Really Ready For E-Commerce (And Do Users Really Want It)?
August 06, 2014

Have you heard? Social commerce is going to change the lives of everyone, everywhere. Want to look at pictures of other people’s cats—buy cat care supplies while doing it. Think that girl from the 10th grade looks fat in that dress?  Good news—it will soon...

News
Japanese Bank Makes Money Transfer Via Facebook Possible
August 06, 2014

Customers of Japan’s Rakuten bank now have a new, and very different, option when it comes to transferring money to another person—using Facebook. Transfer by Facebook allows senders to move funds without knowing a customer’s bank, branch, or account number. It is a similar idea...

B2B Payments
The Many Challenges Of Cross-Border E-Trade
August 06, 2014

The Internet is opening up the world to cross-border eCommerce, especially for smaller companies. Yet fragmented regulations and payment systems among various countries where trade tends to be conducted is hampering the full potential for e-trading, a new report suggests. But which countries are doing...

Mobile Commerce
MyCheck and PayPal Going Out To Dinner In Jersey, Nebraska, Austin
August 06, 2014

Going out to dinner with a group of friends or colleagues brings with it some hardships, such as calculating and collecting money for a split check without resorting to a spreadsheet and an ATM. And there’s always the much-beloved game of getting the check quickly,...

Merchant Innovation
Target Breach Losses Hit $148 Million
August 06, 2014

Target’s databreach is the gift that keeps on taking. Almost eight months after the chain disclosed its huge databreach, it’s still paying for the cleanup. Target announced Tuesday (Aug. 5) that for its current quarter, which ended Aug. 2, another $148 million in cleanup costs...

Merchant Innovation
What Do Electric Cars and Electronic Payments Have In Common?
August 06, 2014

The fact that electric cars can travel much less far on a charge than most traditional cars can travel on a tank of gas is not merely a convenience issue. Those frequent and predictable charge station visits can reveal quite a bit about the consumers...

Merchant Innovation
Apple Caps Record Breaking Summer With Plans to Announce New iPhone September 9th
August 06, 2014

Keeping with its track record of announcing its newest phones in early September, such that they are ready to fall into the hands of holiday shoppers starting in October, Apple will likely be announcing its new iPhone at an event already scheduled for October 9,...

Exclusive Series
Inside the Mind of Today’s Cyber Criminal
August 06, 2014

Online crooks are getting more sophisticated by the second. Nowadays, fraudsters have the ability to conduct “clean fraud,” obtaining legitimate identities of users from the black market or data breaches to compromise a victim’s card account. Malware, too, is becoming more sophisticated both in the...

CEO Series
Why Focus Matters In Payments
August 06, 2014

“There are a million good ideas out there,” says Marc Gardner, President and CEO of North American Bancard, a mobile commerce platform that powers PayAnywhere. Gardner gave PYMNTS a tutorial on how to turn “a million good ideas” in payments into an innovation homerun –...