Apple Pay has the potential to influence the direction of a lot of things in payments, and today, we’d like to add “omnichannel” to the list. While the tech giant is brand new to payments, its ability to mobilize an ecosystem is above all others....
As part of an effort to push its mobile payment app as deeply into retail as possible, China-based Tencent Holdings has increased the size of its minority ownership of a shopping mall and logistics developer. Get the Full Story Complete the form to unlock this...
The Federal Reserve Bank of Boston has created a working group to study the implications of using digital account tokens to replace card numbers, for both in-store and E-Commerce use. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The District Attorneys of Los Angeles and San Francisco are threatening three prominent mobile ride services—Uber Technologies, Lyft and Sidecar—with injunctions and accused them of violating California law. The accusation is that the services are “misleading customers about how thoroughly (they) check the criminal backgrounds...
Apple Pay may be the catalyst that mobile payments needed to get the payments ecosystem cranking, but that’s not all it did. It’s launched a whole new focus for the largest payments network in the world – tokens and data. Visa’s mobile chief, Bill Gajda,...
The Magic of the Camera Phone in Mobile Payments 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 Today. By completing this form,...
A tweet is about to joins pennies, eyelashes and stars on the list of things one can wish on. As a bonus, due a recent partnership between Amazon and Twitter, those commerce-based wishes made on tweets have a slightly better chance of coming true that...
If imitation is the sincerest form of flattery, than the brothers Sawmer (Marc, Oliver and Alexander), the three founders of Germany’s Rocket Internet, are the worlds most accomplished and sincere flatterers. Rocket is famous for taking successful, but exactly trademark or patentable, e-commerce ideas from...
Last month, Amazon officially entered the mPOS market with Amazon Local Register, focusing on helping the local retailers get local sales data and, in turn, feed Amazon and use its platform offline. How big of a dent will the e-commerce giant make in space, and...