As perks for consumers go, cash-back offerings remain the leader of the pack when consumers are choosing credit cards. In the U.S., 13 percent of adults have an airline or hotel credit card, and 12 percent have a general travel rewards credit card, according to...
UK Finance Minister Philip Hammond said that a proposed rectification process to aid small businesses in disputes with banks is too easy on the financial institutions, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy...
Flipkart, a huge eCommerce company in India, has invested $201 million into its wholesale unit, in a bid to stay relevant in an already crowded market that’s been hit with industry-shaking regulatory changes recently, according to reports. Get the Full Story Complete the form to...
The Rockefeller Foundation and the Mastercard Center for Inclusive Growth, the two philanthropic arms of the organizations, announced a partnership on Tuesday (Jan. 22) called Data Science for Social Impact, according to a press release. Get the Full Story Complete the form to unlock this...
TomTom, a Dutch navigation and mapping company, has sold its telematics unit to Bridgestone Europe for €910 million ($1,033 billion). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
At the World Economic Forum in Davos, Switzerland, executives of PayPal and Mastercard touted partnerships between financial technology companies and banks as a positive way to gain customers’ trust and innovate new ways for customers to interact with their finances. Get the Full Story Complete...
Apple announced Tuesday (Jan. 22) that Target, Taco Bell, Hy-Vee supermarkets in the Midwest, Speedway convenience stores and Jack in the Box all now support Apple Pay, its digital payment service. In a press release, the Cupertino, California iPhone maker said that with the addition of...
Amazon is getting ready to launch the fulfillment and delivery network it has long been eyeing in Brazil, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Mastercard was slapped with a $648.3 million fine by the European Union, which alleged that the payments company raised the costs of card payments artificially. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
