Mobile

B2B Payments
Walmart Expands Its India B2B eCommerce Presence
September 24, 2014

Walmart’s ambitions to be a viable B2B supplier in India continue to grow, as two more of the megaretailer’s Best Price Modern Wholesale stores are set to add eCommerce-service support, in Guntur and Vijayawada in Andhra Pradesh. The stores reportedly will begin supporting eCommerce sales...

Mobile
Walmart To Offer Checking Accounts In October
September 24, 2014

Walmart has finally made it official: As of October, it will directly offer federally-insured checking accounts, albeit through an arrangement with longtime partner Green Dot. The service will be called Go Bank and its raison d’etre is to waive fees for bounced checks, overdrafts and...

Apple Pay
Apple Breaks Record On iPhone Sales First Weekend
September 23, 2014

Say what you will about Apple, but it sure knows how to sell phones. The first weekend for sales of its new iPhones—the 6 and the 6 Plus—moved some 10 million of the larger-screened devices, which did not come close to keeping up with demand....

Mobile
Are We At Risk Of An “Armageddon-type Cyber Event”?
September 23, 2014

Benjamin Lawsky, the New York State Department of Financial Services chief, has decided he needs to shake things up a little if he wants financial executives to take cyber attacks seriously. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Mobile
Citi Challenges Innovators to Innovate
September 23, 2014

Citi wants to get innovative about getting innovators to innovate, so it’s invoking a competition. It wants developers to push the creativity limit for new mobile and banking apps. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Europe
EU Cracks Down On Mobile Payments
September 23, 2014

The European Union Council of Ministers is preparing to toughen the rules for all mobile and digital payments, according to a report in Computing.co.uk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Apple iPhone 6s’ Mobile Commerce Push
September 22, 2014

Much discussion has been made about the ability of the new iPhone 6 and iPhone 6 Plus to support contactless payments at Some 200,000 participating stores. But perhaps an even bigger development is how the phones could produce millions of safer online transactions. Get the...

Mobile
Is Apple Pay Prepping A SIM Card For Next Year?
September 22, 2014

Is a vague comment from the CEO of SoftCard (formerly ISIS, the AT&T, Verizon and T-Mobile mobile payment effort) that his group is “actively working with Apple” to be permitted onto the iPhone in 2015 “using integrated secure SIM-based hardware” an indication of a future...

Innovation
Smile! MasterCard Toys With Mobile Facial Recognition For Payments
September 22, 2014

MasterCard is labeling “successful” a biometrics payments trial (facial plus voice) where more than 14,000 transactions were confirmed in a closed iOS and Android pilot using only MasterCard employees, according to a Computerworld report. Get the Full Story Complete the form to unlock this article...