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The Coming Physical Retail Death Spiral
January 23, 2014

Intense competition from online and mobile channels, pricing pressures and shrinking margins, high fixed costs, changing customer demographics, and eroding revenue opportunities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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Bitcoin Insurance Schemes Gaining Traction
January 23, 2014

Several companies are exploring the idea of offering insurance on Bitcoin holdings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

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The iPhone 5s Is A Data Gobbler
January 23, 2014

A new study has determined that the iPhone 5s consumes the most data on average compared with a diverse selection of other smartphones. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Stripe Valued At $1.75 Billion
January 23, 2014

Stripe, the maker of a merchant API for accepting credit card transactions, has been valued at $1.75 billion following a funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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Paydiant Granted Smartphone-ATM Integration Patent
January 23, 2014

Paydiant, a provider of white-label mobile payments and other payment services, has received a patent from the U.S. patent and Trademark Office for a system that allows a user to conduct ATM transactions with their smartphone. Get the Full Story Complete the form to unlock...

MasterCard’s Analytics Report Launches In Hong Kong
January 22, 2014

MasterCard Advisors, a unit of MasterCard, has launched a business and spending analytics report in Hong Kong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Costs Led To Target’s EMV Abandonment
January 22, 2014

Between 2001 and 2004, Target and Visa collaborated on a smart card project that ultimately fizzled due to costs and questions about the system’s viability and operational profitability. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Malware Attacked At Least 6 U.S. Retailers
January 22, 2014

BlackPOS, the point-of-sale (POS)-targeting malware implicated in the most recent data-breach attack, has been discovered attacking at least six other U.S. retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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Visa Warned Of POS Malware
January 22, 2014

Visa reportedly issued warnings twice in 2013 to retailers, including Target, that a point-of-sale (POS) malware attack was a serious threat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...