Mobile

Internet-Connected Devices Soar
November 18, 2014

A report from Ericsson released Tuesday (Nov. 18) shows some startling growth of Internet-connected devices in the U.S., with 90 percent of U.S. households having three or more such devices, while almost half have five or more such devices and almost 25 percent have seven...

Mobile
Venmo’s Mega Bank/Biometric Platform Upgrade
November 18, 2014

Mobile payments app Venmo will now let iPhone users sign into its P2P payments service using Apple's Touch ID feature, and has also simplified signing up for the customers of four large U.S. banks with an app update that rolled out this week.

McDonalds: One Out Of Two Tap-To-Pay Hits Is Now Apple Pay
November 17, 2014

McDonalds is now reporting that Apple Pay is the payment mechanism behind 50 percent of all of its tap-to-pay transactions, which is more impressive than it sounds given the many years McDonalds has been accepting contactless payments. McDonalds has also been creative–although possibly impractical–about taking...

When Payments Picks Puppets
November 17, 2014

I’ll bet you didn’t know that puppetry and payments have a lot in common. 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...

Mobile
Xapo Goes Mobile After Bitcoin Card Fail
November 17, 2014

Xapo, a bitcoin startup, has launched a wallet app for iOS, making its mobile wallet easy for consumers to use, Payments Source reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Mobile
A “Beacon” On Privacy Concerns
November 17, 2014

Consumer fears about beacons and privacy will evaporate as beacons become part of everyday life, panelists said at the M1 Summit conference in San Francisco on Thursday (Nov. 13), according to VentureBeat. Get the Full Story Complete the form to unlock this article and enjoy...

Apple Cuts UnionPay Deal, Apple Pay Not Part
November 17, 2014

Despite Visa and MasterCard still struggling to get into the Chinese market, Apple has found one way, working out an agreement with UnionPay to make it easier for Apple apps to be purchased there. In exchange, Apple will let Chinese consumers pay with UnionPay for...

B2B Payments
Lyft’s Employee Expense Account Plan
November 16, 2014

Considering how much time employees spending filling out expense reports and then how much accounts payable spend in processing those reports—let’s not even mention the time various managers spend approving these expense reports–, the question crops up periodically whether companies could save money and boost...

Mirror Mirror On The Wall, Pay With PayPal Or Not At All
November 14, 2014

At fashion designer Rebecca Minkoff’s store in New York’s fashionable Soho district, a dressing room has a digital mirror that identifies garments, makes accessory recommendations and can summon sales associates to bring in that garment in alternative colors and sizes. But what makes this digital...