News

Bitcoin Mining Train Losing Steam as Some Face Cash Losses
April 14, 2014

When the value of virtual currency jumped in value last year, many turned to the mining industry and bought expensive computer equipment to aid the task. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Merchant Innovation
Amazon Primed To Release SmartPhone This Year
April 14, 2014

After years of speculation, Amazon is finally going to release a smart phone of its very own, reports The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
How Armor Payments Hopes To Make B2B Payments Secure, Reliable and Cost Effective
April 14, 2014

There is an old adage in the construction industry – “fast, good or cheap: pick two,” that could easily be adopted to the B2B payments industry – “secure, frictionless, or cost effective- pick two.” In the B2B space, where buyers and suppliers need each other...

Europe
Coming Soon To Payments: Facebook?
April 14, 2014

In a departure from their roots as the internets premier destination for posting adorable pictures of children and ill-advised pictures of drinking, Facebook is making and entry into the payments industry with remittances and electronic money. Get the Full Story Complete the form to unlock this...

Merchant Innovation
Bezos To Amazon’s Payments Arm: Go Faster!
April 14, 2014

While the industry waits for Amazon to flex its payments muscles with the 215 million credit cards they have on file, they are joined by the ultimate Amazon insider, CEO Jeff Bezos. Get the Full Story Complete the form to unlock this article and enjoy...

Cool
Credit Card Fees Are Up, But Then So Are Rewards
April 14, 2014

Credit card interest rates are on the rise, but so are the rewards issuers are offering cardholders. In fact, a lot of the terms today heavily favor cardholders. But don’t expect consumers to turn to credit card cash-advances any time soon. Those fees are way...

News
FanWise Turns Old Vending Machines into Social Media Powered Systems
April 14, 2014

There’s a new FanWise technology that was introduced this week which allows vending or arcade games to get paid by a Tweet or a Facebook post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Mobile Commerce
Korean Credit Card Companies Will Pay for POS Upgrade for ‘Mom and Pop Shops’
April 14, 2014

The Financial Supervisory Service (FSS) in South Korea announced on Friday that local credit card companies will help over 650,000 mom-and-pop stores pay for ENVY compliant terminals by 2015, according to The Korea Times. Get the Full Story Complete the form to unlock this article and...

Commentary
The $160 Billion Burning a Hole in Apple’s Pocket
April 14, 2014

Everyone’s favorite payments parlor game is speculating about what, if anything, Apple plans to do in the mobile payment space. Just last week, we heard the 4th, or was it the 6th time, that it will launch the iPhone 6 with NFC capabilities. Surely, with...