News

News
Tumblr: The Social Media E-Commerce Powerhouse?
September 16, 2014

As it turns out, when it comes to marketing value for retailers, name recognition isn’t everything. It seems in the case of the niche social media site Tumblr it seems less can be more–as long as the less doesn’t refer to money.  According to Adobe’s...

Merchant Innovation
Pep Boys Rock Passbook Coupons
September 16, 2014

While many in the retail and payments space are waiting to see if Apple will delivery on all the speculation on its future as the brand that launched mobile payments, at least one major chain says the see the potential for the future in the...

B2B Payments
PEPPOL: EU’s ‘Rising Star’ In Government eProcurement
September 16, 2014

To get a glimpse of what the future of government procurement within the European Union will look like, one need look no further than PEPPOL (Pan-European Public Procurement Online), which is at the heart of the region’s eProcurement strategy. Get the Full Story Complete the...

News
Amazon Unit Lets Expensive Downloads Happen Before Verifying Payment
September 16, 2014

The Amazon Audible unit lets shoppers sign up using fake payment card data, fake E-mail addresses and fake names and then permits them to download lots of audio books before it even tries to verify the payment credentials, according to a report in Gizmodo. Even...

B2B Payments
Scot Town Sees eInvoicing As A Cost-Saver
September 16, 2014

The city council in Aberdeen processes some 75,000 invoices each year from 147 registered suppliers. To help it process those invoices more effectively, the Scottish city next month will go live with its implementation of a cloud-based eInvoicing software system. Get the Full Story Complete...

B2B Payments
Commercial Real Estate Lending On The Rise
September 16, 2014

Buoyed by low interest rates and increasingly favorable market conditions, banks are expanding their lending footprint into commercial real estate and construction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cybersecurity
Most Mobile Apps Will Fail Security Test Next Year
September 16, 2014

Analyst firm Gartner has issued a report predicting that 75 percent of mobile apps, by next year, will flunk even most rudimentary of security requirements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cybersecurity
China’s Biometric Payment Scheme
September 15, 2014

The Chinese Academy of Sciences has endorsed an E-Commerce biometric authentication program based on the shopper transmitting a selfie. Dubbed “face swapping,” officials described a system that “can detect a face in only a few seconds and the accuracy rate is 99.8 percent. According to...

Apple Pay | Winners, Losers And Question Marks
September 15, 2014

Regardless of Apple Pay’s long run success, we’ve all just witnessed an inflection point in payments – a point in time after which nothing will ever be the same. What happens over the next three to five years will likely decide the direction of payments...