Visa and MasterCard are gearing up for regulations set to come into effect next month that cap the interchange fee rate at 0.3 percent per credit card transaction, but according to one Visa executive, these rules could have adverse effects on the corporate population. Get...
Last week, numbers flew. New data emerged about the economic impact of capital controls on Greece’s small businesses, a major corporation was rumored to be eyeing the sale of its enterprise units, businesses changed their supplier payment practices, and researchers uncovered new statistics about money...
Mobile payments is not a new idea. The “inevitable” explosion of mobile payments has been forecasted but not terribly accurately for about the last decade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
With the tragic events in Paris this weekend, all news-watching eyes have rightfully been glued to that story and the details as they emerge. The team at PYMNTS joins with the rest of the world in sending our thoughts and prayers to the citizens in...
Odysseus was a pretty clever fellow. 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 receive...
Looking back on it, will Square be seen as the canary in the FinTech coal mine? Or will loanDepot be the demarcation point that will show some final rift between expectations and reality on Wall Street? Get the Full Story Complete the form to unlock...
“There’s a lot of innovation happening around not only the payments space, but the entire commerce space, and a lot of those technologies are being developed by very interesting early-stage startups.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Payment fraud losses amounted to $16.31 billion last year — with card-not-present fraud forecasted to reach 40 percent of that total at $6.4 billion by 2018 in the U.S. alone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Though the shift to the chip cards tied to EMV had a major turn in the press, it seems that that the days leading up to the actual Oct. 1 liability handoff had still left many consumers in the United States unaware of just what...