News

Social Commerce
Messenger Chatbots Are Now Payments-Enabled
September 13, 2016

Facebook Messenger is officially accepting 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, you agree to...

Payment Methods
Alipay To Start Charging A Withdrawal Fee
September 13, 2016

Alipay, a mobile payment company in China, said on Monday (Sept. 12) that it will beginning charging a withdrawal fee due to rising costs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

EMV
Mastercard Says Fraud Costs Dropped 54% Since (EMV) October 2015
September 13, 2016

One year into the shift to chip-enabled cards — for the U.S., that is — Mastercard said on Monday (Sept. 12) that data shows a “positive impact” through the technology across stakeholders, including issuing banks, consumers and merchants. Get the Full Story Complete the form...

Loyalty & Rewards
Consumers Are Embracing Premium Cards — Despite High Costs
September 13, 2016

Product hysteria is not the sort of thing that normally attaches itself to credit cards, but as scores of message boards and YouTube unboxing videos will attest, consumers are having a rather atypical reaction to the Chase Sapphire Reserve card. The card has been so...

Payment Methods
Venmo Ups The Ante On Zelle
September 13, 2016

In the latest salvo by payments app Venmo, lobbed towards the big banks, the firm is debuting what Reuters terms a “major promotional campaign,” its first, gunning for a share of millennial wallets and mindshare. Get the Full Story Complete the form to unlock this article and enjoy...

Alternative Finances
Lending Club Has A New CFO
September 13, 2016

Embattled marketplace lender Lending Club has appointed a new CFO. 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...

Regulation
Wells Fargo’s Fraud Issues Don’t Seem To Have Been Present At Other Big Banks
September 13, 2016

As the fallout continues from last week’s revelations about Wells Fargo‘s “out-of-the-box” methods for upping consumer enrollment in their various products (which included signing consumers up for products without so much as getting their permission or even informing them), there seems to be some slightly...

Social Commerce
ING Enables Customers To Make Payments On Social Media
September 13, 2016

ING is gearing up to overhaul social media websites, transforming them into ways to make 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...

Europe
The UK Welcomes The ‘Plastic Fiver’ Into Circulation
September 13, 2016

After five years of development, the Bank of England will be crossing a major milestone today (Sept. 13) when it comes to U.K. currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...