News

Company Spotlight
Consumer Economic Confidence Remains High: Discover
January 08, 2014

The Discover U.S. Spending Monitor remained at 89.0 in December, as consumer confidence in the economy rose to its highest level since July. However, consumers’ spending intentions declined, according to Discover Financial Services. Get the Full Story Complete the form to unlock this article and...

News
ShopperTrak: Holiday Retail Sales Rose 2.7%
January 08, 2014

U.S. retailers use of promotions and discounts reportedly helped drive a 2.7 percent increase in holiday season sales, overcoming a shorter holiday sales season and adverse climate conditions that left many consumers unable to get to stores. Get the Full Story Complete the form to...

International
Apple Opens Store On Alibaba’s Tmall Marketplace
January 08, 2014

Apple reportedly has opened its own official store on the Tmall online marketplace operated by Alibaba, China’s large eCommerce provider. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
Alibaba’s Taobao Bans Bitcoin
January 08, 2014

Alibaba, the Chinese eCommerce conglomerate, has banned the sale of Bitcoin on its Taobao Marketplace online platform. 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...

Financial Inclusion
Jack Henry, AmEx Partner On Cross-Border Payments
January 07, 2014

Client financial institutions of core processor Jack Henry and Associates will have access to American Express’ FX International Payments Service, Jack Henry announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Acquiring
Juniper: More Than $700B In Mobile Retail Purchases By 2018
January 07, 2014

Annual mobile retail purchases will surpass $700 billion by 2018, a new report suggests. 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...

Exclusive Series
Dwolla, Iowa Strengthen Payments Collaboration
January 07, 2014

Iowans now can pay their fuel taxes and vehicle-registration fees online thanks to an expanded partnership between payments network Dwolla and the Iowa state government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
Bank of China Taps IBM For Online Banking Platform
January 07, 2014

Bank of China has a new online banking platform resulting from a collaboration with IBM that will allow it to leverage customer transactions for future planning. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Exclusive Series
New Report: What’s Holding Back China’s Mobile-Money Market?
January 07, 2014

China further solidified its position as a market that could greatly impact payments in 2013. Those who require proof need only look at how China’s love affair with bitcoin drove the price to more than $1,200, only to send it back down amid escalating regulations...