News

Loyalty & Rewards
Amazon Ramps Up Sunday Delivery While Facing Increased Shipping Costs
May 09, 2014

Fresh off of the latest rankings that place them at the absolute top of the e-commerce food chain, such that their annual sales out-stripe those of their next ten competitors combined, Amazon is not sitting on it laurels, and is instead pushing forward with its...

Merchant Innovation
Online Market LocalBanya in Talks to Raise $5M in Series B Funding
May 09, 2014

The website processes around 750 deliveries a day and growing at around 25 percent per month, according to the company.

Mobile Commerce
RBI Pilots Prepaid Cash-Out Facility
May 09, 2014

With the new pilot project, companies like Oxigen, Airtel Money, Itz Cash, and mpesa can start offering cash-out facility through their network establishments across India.

News
MasterCard and KDDI Launch Prepaid Card Program
May 09, 2014

This will be one of MasterCard's largest prepaid card programs in the Asia/Pacific, Middle East and Africa (APMEA) area.

News
Sales Head for Apple Leaves, Reason Unknown
May 09, 2014

Apple confirmed that Rowe is leaving Apple, and would be replaced by Doug Beck.

News
ITBIT Hires First Chief Compliance Officer for Digital Currency
May 09, 2014

The digital currency exchange hires its first Chief Compliance Officer from PayPal and new Director to focus on U.S. operations.

Mobile Commerce
CFPB Proposes Rule Making Privacy Disclosures More Effective
May 08, 2014

The Consumer Financial Protection Bureau (CFPB) this week proposed a new rule that would make privacy disclosures for financial institutions more effective, and less expensive and tedious. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Loyalty & Rewards
Citi Adds ThankYou Rewards As An Online Bill-Pay Option
May 08, 2014

Citi customers now may use ThankYou Rewards points to pay bills online, thanks to a new policy Citi announced May 8. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

News
New York Getting Serious About Cyber-Security Threat
May 08, 2014

Coming soon to New York’s banks– a cyber security assessment to be carried out by the state Department of Financial Services (DFS).  The proposed security audits come on the heels of a DFS report that indicates that the number of attacks from all sorts of...