News

Controversial
Why Synchrony Invested in Loop
July 11, 2014

Loop made headlines earlier this week with an announced strategic investment from Synchrony Financial—the about to IPO GE Capital spinoff. While an investment from the nation’s largest private label issuer might be enough for some, Loop CEO Will Graylin says this is the first of...

Merchant Innovation
RetailMeNot Enters Its Second Year Ready To Innovate
July 11, 2014

RetailMeNot, the world’s largest marketplace for digital offers is celebrating its second anniversary with an eye toward expanding the personalization and reach of it discounting website. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Only A Quarter Of Restaurants Have A Plan For EMV Adoption
July 11, 2014

In October of 2015 the era of swipe-and-sign as all business will be required to have made the transition to the more secure chip-and-in, or EMV, technology.  A new study released by Hospitality Technology may be unprepared to make this leap and find themselves lagging behind as...

In Depth
Why Wristbands Will Trump Smartphones For Payment
July 11, 2014

Want to really know why mobile payments struggle to ignite? Bad design. At least that’s what Seattle-based startup Artifact says and why it is has created an entirely new payments form factor that fits on your wrist, is biometric, supports Beacon, enables payments and makes...

Lyft Lifts Off in NY
July 11, 2014

Just two days before it’s planned launch in Brooklyn and Queens, Lyft—the ridesharing app—received word that their service is in violation of local taxi ordinances and as such is illegal and unwelcome in the Big Apple. Get the Full Story Complete the form to unlock...

B2B Payments
The 3D’s Of B2B Investments
July 10, 2014

The month of June saw roughly three quarters of a billion dollars invested in B2B ventures focused on data, development and developing countries. And the key driver? Wanting to keep up with their B2C counterparts in leveraging mobile and the cloud.

News
Raising The SMB’s Payments IQ
July 10, 2014

As Amazon, Alibaba and eBay get bigger, it’s often tempting to assume that SMBs don’t stand a chance at competing. Meritus has a different point of view that starts with raising the “payments intelligence” of SMBs thru a suite of tools that ultimately help them...

Company Spotlight
Guess Who’s Entering The Mobile Authentication Business?
July 10, 2014

Who better than a mobile operator to actually deploy mobile authentication solutions for commerce? Well, that’s at least the opinion of AT&T who soon plans to test a service for international travelers so that they can avoid declined card transactions. How will their solution compete...

Hmmm
The Mobile Payment Apps Attention Problem
July 10, 2014

New Nielsen research suggests consumers max out at 26 or so apps a month – which means commerce and payments apps have to be amazingly compelling to pry eyeballs from games and other software. Other than hiring George Clooney or Kate Upton as apps spokespeople,...