The crisis du jour for the Bitcoin community yesterday was the collapse of Mt. Gox amid rumors that hundreds of millions of dollars worth of bitcoins had been stolen. While some cynics are claiming this is the death of this cryptocurrency Bitcoin backers are rallying...
Several interesting dynamics are shaping the mobile point-of-sale (mPOS) ecosystem and setting the market up for significant growth in 2014. As shown in the most recent MPOS Tracker, sponsored by ROAM, key events in January set the stage for what’s to become the rest of the year....
Hoping to give Near Field Communication (NFC) payments a strong kickstart, both Visa and MasterCard this week announced cloud-based solutions that give merchants and banks more options for delivering and supporting mobile contactless transactions. Both card brands’ solutions leverage Host Card Emulation (HCE), an open...
The market for general-purpose reloadable cards is maturing, and the age-defining changes are putting a new image on the prepaid market. Yet various issues also persist, including insufficient regulation that could be putting cardholders at risk, according to a new report. Pew Charitable Trusts, which...
Cozy, developer of a rent payments and tenant screening platform, has added a solution for requesting credit checks on potential residents. Cozy’s CEO and co-founder, Gino Zahnd, says the new solution helps landlords save money and results in greater accountability between them and new renters,...
There’s so much data influencing the industry today that it can be hard to stay on top of everything. PYMNTS.com’s Friday Factoids are the perfect solution for innovators, entrepreneurs or observers trying to keep up with all the latest information. In today’s Fridays Factoids, you’ll...
Helping Millennials manage their money more effectively is the central purpose of Level Money, a mobile app created by Jake Fuentes and Frank Yeary. Fuentes spoke with PYMNTS.com earlier this year, and now the company is preparing for The Innovation Project 2014 next month. Fuentes spoke...
MasterCard today took a strong move to push out mobile-wallet technology faster globally, including its own MasterPass digital service, with the announced planned acquisition of long-time partner C-SAM, whose platform supports not just payments but also customer-specific offers, loyalty incentives, banking, bill-pay options and nonfinancial...
In an era when consumers and businesses are generating unprecedented amounts of information, one company – Wisely – is aiming to leverage that data to help consumers and merchants make more informed spending decisions. Co-founder and CEO Mike Vichich spoke with PYMNTS.com in a podcast interview in...
