Citigroup this week posted second-quarter gains in both its branded card and retail services operations, aided by increased sales volume and the acquisition last year of Best Buy’s card portfolio. Citi appears poised to jump at other retail card opportunities, if the right portfolio becomes...
In what will likely be regarded as one small step for Apple’s payments ambitions, and one giant leap for Apple rumor mongers everywhere, the high-concept tech firm has launched an iTunes-backed payments system — in Japan. Get the Full Story Complete the form to unlock this article...
Founder and CEO of LivingSocial Tim O’Shaughnessy has officially been replaced by eBay general manager Gautam Thaker. Thaker also has taken over O’Shaughnessy’s director seat on the company’s board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
World First has announced the launch of The World First Money Transfer App, which will enable users to make high-speed currency transfers directly from their portable devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Aerospace manufacturing company Brazil Nota Fiscal announced earlier this week that it had selected Invoiceware International to manage its eInvoicing processes in Brazil. The aerospace firm is a Fortune 50 multinational company, according to E-Invoicing Platform. Get the Full Story Complete the form to unlock...
Jumping into the lucrative world of in-app purchasing – where free games can make as much as $1 million per day – MasterCard will enable in-app payments for its MasterPass digital payment system beginning in early August, the company announced in recent blog post. Get the...
Digital payments are expected to rise to $4.7 trillion by 2019—nearly doubling their current value of $2.5 trillion, according to new research released by Juniper Research. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
DocuSign, a digital transaction management firm, announced earlier this week that Visa, Inc. made a strategic investment in the company. According to a DocuSign statement, the goal of the two companies is to help customers prepare, execute and manage digital transactions and integrate payments safely...
Fuel company Pilot Flying J recently entered into an agreement with the Justice Department where it confirmed its employees, including supervisors, schemed to withhold diesel rebates from many of its trucking customers. As a result, the company is paying millions in fines, and its employees...
