PayPal has updated it’s iOS app to version 5.5, and with that comes a new ability for users by providing an mWallet home for loyalty cards from a long list of selected retailers, emulating the Apple Passbook already installed in the phone. Get the Full...
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...
Pop quiz. How does Apple make money? Selling hardware. Very good. So, is anyone really surprised that it may have its own plans to sell its own iBeacon transmitter? Well, recent filings with the Federal Communications Commission would suggest that is exactly what’s on the...
It’s becoming an increasingly popular question, but why are so many companies and their vendors so hesitant to give up using checks to settle their transactions? Surely they want to reduce their costs and increase efficiency. Much of the issue stems from reliance on old...
A recent survey found that 63 percent of employers are prioritizing permanent procurement and supply chain positions. Furthermore, junior procurement and supply chain staff will be have the highest demand, with 77 percent of surveyed firms looking to take on such professionals, according to Robert...
Remember 30 years ago when Apple ran a Super Bowl ad that likened IBM to “Big Brother”? As it turns out, time does heal all wounds, as Apple and IBM have buried the feuds of the past to collaborate on creating over 100 new business-centered...
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...
At the same very same time that merchants are getting a taste of what mobile can do to reinvent their customer relationships, they’re being asked to invest in EMV technology at the point of sale. In a recent digital discussion, MPD CEO Karen Webster and...
In what has turned out to be a spectacularly dramatic launch for Lyft—the ridesharing service that allows customers to solicit a ride from their smart phone and pay a “donation” rather than a straight cab fare—it seems the start-up and the state of New York...
