Nearly 40 percent of consumers 18 to 34 years of age would switch to a bank that lacked physical locations, according to two new reports by Accenture, reports the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A bitcoin price rally is underway that over the last week has pushed the value of bitcoin up by around 25 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Intuit Inc agreed to buy Check Inc. for $360 million in a deal that was signed on Friday, reports Reuters, who noted a Wall Street Journal report that cited people familiar with the situation. Intuit is the developer of tax-preparation software TurboTax, while Check Inc is a...
The newly convened Euro Retail Payments Board (ERPB) is getting ready to create to working groups. The group’s area of study will be the role of mobile and ‘innovative’ payments methods. This will follow on the heels of the Eurzone’s SEPA migration. Get the Full...
A House Energy and Commerce subcommittee on May 22 held a hearing to discuss a bill it introduced that day that would enhance state and federal enforcement of fraudulent patent-demand letters, which the retail industry says costs the economy $30 billion a year. Get the...
It looks like I poked the hornets’ nest and awakened the slumbering bear at the same time with my article last Friday about Overstock not really taking bitcoin. The hysterical reaction is puzzling since the point of my article is simple and no one, including...
And because we knew you couldn’t live without this tidbit of payments news, the total tab for the Kimye Wedding this past weekend was … drumroll please … easily $20 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As many portend the death of physical retail in some categories bricks will dominate clicks for years to come, so says a recent study by Kantar Worldpanel. They report that it will take at least 10 years before internet plays like Amazon’s Dash capture even...
Skrill, a European e-wallet provider with 35 million users and Yandex.Money, the largest electronic payment system in Russia with 13 million users, signed a partnership last week which will enable Skrill to expand into Russia. As part of the deal, Yandex.Money will be integrated in...
