News

Controversial
Amazon Adds Support For Merchants’ Recurring Payments
June 10, 2014

Amazon.com on June 9 opened access to its Login and Pay with Amazon feature by enabling the 240 million cardholders in its database to pay recurring subscription bills from participating merchants. PayPal and Apple already support subscription-based payments, and some believe Amazon had to follow...

Mobile Commerce
Report: Only 3 Percent of Retailers Identify Customers In-Store With Smart Phones
June 10, 2014

While nearly three-quarters of retailer are planning to develop the capacity to identify customers when they walk in the store via their smartphones is a top priority for retailers, at present only 3 percent have the ability to do so right now, according to a...

Acquiring
PayPal’s Marcus Moves To Facebook
June 10, 2014

Old news but new analysis. Check out Karen Webster’s take on the news that stopped the payments world from spinning on its axis for a little while yesterday.

A ‘Soft Space’ For Your Mobile Payment Solution
June 10, 2014

Another mobile card payment solution has hit the mainstream. However, Malaysia-based Soft Space is unique in that it decided to cater to the market in Asia. Additionally, Soft Space is the first payment solution in Asia to receive full EMV accreditation, which led to it...

Merchant Innovation
Banks Must Keep Pace In Increasingly Digital World
June 10, 2014

How can banks ensure that they are continuously meeting the needs of their customers? Especially in a world that is becoming more dependent on digital options? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Mobile Commerce
Brazilian Bank Launches EMV Prepaid Card
June 10, 2014

Banco do Brasil Amercas has partnered with payment processing and commerce solutions provider i2c, Inc. to launch a prepaid EMV card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

News
Richard Branson Drops $25M On Cross-Border Money Transfer Start-Up
June 10, 2014

London start-up TransferWire – a startup that allows users to send money overseas at a far lower cost than what is traditionally charged by banks for the service – has received a shot in the checking account with a $25 million investment from Sir Richard...

News
McDumpals – The Place To Go When Craving A Stolen Card
June 10, 2014

Operating under the McDonald’s signature golden arches on a red background and borrowing a modified Ronald McDonald as their mascot (in this iteration he’s pointing a gun a the viewer) McDumpals is clearly in violation of a slew of intellectual property laws. Get the Full...

B2B Payments
French Bank May Be Banned From U.S. Dollar Clearing
June 10, 2014

New York’s banking regulator is targeting BNP Paribus for conducting business with countries such as Sudan, which the U.S. has sanctioned for its alleged support of terrorists. The regulator, Benjamin Lawsky, wants to force BNP to discontinue its dollar-clearing business. That could leave companies relying...