Mobile shopping in China jumped 239 percent in 2014, more than tripling the value of mobile purchases in 2013 — and mobile will overtake other forms of Chinese online shopping by the end of next year, Internet Retailer reported. Get the Full Story Complete the...
NFC chipmaker NXP Semiconductors said it expects mobile wallets to be in half of new smartphones by the start of 2016 — and China will be the leading market, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy...
Several large U.K. banks may be at risk because of a security hole in their two-factor authentication systems, and regulators aren’t acting to deal with the problem, a security research company has revealed. Get the Full Story Complete the form to unlock this article and...
Almost two years after PayPal launched a handheld payment card reader for merchants in the U.K., that’s finally coming to the U.S. — and this time, it will support contactless payments and Apple Pay, too. Get the Full Story Complete the form to unlock this article...
Is Apple Pay really the way to pull younger customers into traditional banks and credit unions? That might seem to be a no-brainer. Millennials — born between 1980 and 2000 — are twice as likely to say they’ll use a mobile wallet within the next year as...
Chip makers Qualcomm and Intel are looking for better ways of authenticating users for payments and other smartphone functions, and they’re talking up what they hope will be the next wave of user recognition this week at the Mobile World Congress in Barcelona, The Wall...
Apple, in its usual coy fashion, has sent out invitations for a mystery media event on Monday, March 9 — and while it’s officially a secret what’s being unveiled, unnamed sources have told Bloomberg and other news outlets that the star of the show is...
Bitcoin users in China stuffed the cryptocash into virtual red envelopes to the tune of 10 million yuan ($1.6 million) over the Chinese New Year/Spring Festival holiday, Tech in Asia reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
New York bank regulators are considering massive programs to audit large banks’ cybersecurity and anti-money-laundering (AML) systems, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
