News

Alternative Finances
Alternative Payments To Power 50 Percent of World’s eCom Sales in 2020
May 27, 2014

A new report suggests that alternative payment methods will drive 50% of B2C ecommerce payments. yStats.com reports PayPal, Amazon and Google Wallet are fueling this growth with AliPay, Alibaba’s payments arm, contributed significantly as its user base grows and more global sites accept AliPay for...

Alternative Finances
Report Reveals Evidence Of Bitcoin Ponzi Scheme
May 26, 2014

Something called Willy Report surfaced on Sunday suggesting that the spike in bitcoin price last year from $200 to $1200 was the result of bots creating fake accounts in an effort to drive up the price. These accounts were never funded with real money. Get...

Merchant Innovation
Is Apple Ready to Feather Its Own “Nest?”
May 26, 2014

In an effort to blunt Google’s foray into the smart home as a result of its recent acquisition of Nest, it is widely expected that Apple will announce its own smart home strategy at its WWDC on June 2nd. Get the Full Story Complete the...

Controversial
Cambridge Study: EMV Secure? Nope.
May 26, 2014

Transaction security at the point of sale is the centerpiece of EMV-based payments. But are the smart chips in the cards all that secure? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
M-Shwari Reaches 7M Users
May 26, 2014

Safaricom’s George Ndegwa said that Safaricom’s microfinance platform M-Shwari reached 7M users, speaking at the 2014 Mobile Money and Digital Payments in Johannesburg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Meu Dinheiro Claro’s New Mobile Tool
May 26, 2014

Meu Dinheiro Claro, the JV signed by telco Claro (AMX) and Bradesco, one of major banks, was able to add a new tool which allows customers registering via mobile vs. visiting the store and which is expected to boost adoption. Get the Full Story Complete...

Alternative Finances
Memorial Day is Great for BBQs, Even Perfect for Payment Scams
May 26, 2014

Memorial Day is better known in the U.S. as the time to honor those who served in the military. Unfortunately, the BBB is reporting that it has become the perfect opportunity for scammers to target those who are serving or have served their country, especially...

Cool
PYMNTS Talks Back
May 24, 2014

Wow, did we get our PYMNTS peeps buzzing this week! We thought that the POV on EMV would get some folks talking and we weren’t wrong. Then, two different but equally controversial pieces on bitcoin lit the PYMNTS place ablaze. The Overstock piece and the...

International
Banrisul Plans e-Wallet Launch
May 23, 2014

Banrisul signed a partnership with MasterCard to launch an e-wallet. Service is oriented to online consumers and allows users to save their credit, debit and pre-paid card and personal data in one place. The bank will launch the product in 2014 2H and will be...