Have you heard? 2014 is the year mobile payments is going to take off. Gartner thinks so, ABI predicts a strong year, and even Bain & Co. thinks the mobile-payments explosion is just over the horizon. Unfortunately, it seems consumers haven’t yet gotten the...
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...
Discover Financial Services has a long history of trying to do things differently, starting out with the Cashback Bonus for card transactions and no annual fees. In doing so, it doesn’t try to emulate what’s occurring in the marketplace. Since taking prepaid responsibilities at Discover...
Diners Club International Ltd. on March 25 announced an agreement to form a new Diners Club International franchise in Switzerland. “Switzerland is a key market for Diners Club International to further expand its presence,” Eduardo Tobon, Diners Club president, said in the announcement. The Diners...
Cisco said it plans to invest $1 billion over the next two years to build the world’s largest global Intercloud – a network of clouds – with many partners. “The Cisco global Intercloud is being architected for the Internet of Everything, with a distributed network...
It’s one thing to bitcoins, but where to use them? Coinbase can make it possible to both buy and spend bitcoins using its own digital wallet. Company executive Adam White recently spoke with MPD CEO Karen Webster about the startup’s fast growth and what he...
Google-backed P2P loan company Lending Club has announced a major expansion into business loans. Lending Club has already facilitated almost $4 billion in consumer loans and has more than doubled its annual loan volumes since it’s founding in 2007. Initially, loans will range from 15,000...
MasterCard has launched a published guide to help children and youth understand and manage their finances. The guide “Banking a New Generation: Developing Responsible Retail Banking Products for Children and Youth” is designed to help financial institutions, nongovernment organizations, and governments to provide banking and...
Did you know that 60 percent of employers say recent college graduates are poorly socialized and lacking in basic workplace competencies? That almost a third of Christians are giving up technology for lent? That 700 million Peeps will be purchased between Ash Wednesday and Easter....