Amazon has sold only 35,000 of its new Fire phones in the first 20 days after it went on sale in July, according to data crunched by the U.K.’s Guardian newspaper. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A large Oklahoma-based payment processor will pay $7 million to settle charges that it helped collect illegal fees charged to consumers by debt-settlement companies, American Banker reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Overdue U.S. credit card payments are falling, and the number of new credit accounts rose during the first quarter of 2014, credit reporting company TransUnion said Tuesday (Aug. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Office-supplies giant Staples has launched a “buy online, pick up in-store” program in the face of weak sales and declining profits, Integrated Solutions for Retailers reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Citi has launched its own digital wallet for online purchases, using MasterCard’s MasterPass system so customers won’t type in an unencrypted credit card number, the bank said in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Feedvisor, a repricing startup that lets online retailers adjust prices in real time based on the retailers’ business goals, has closed $6 million in Series A funding, according to a company press release. Get the Full Story Complete the form to unlock this article and...
Health care payments are hardly a simple topic, but Idaho providers wanted to make things as easy as possible for their patients. But when a contractor allegedly fell behind on payments to local providers, things began to get tricky. Get the Full Story Complete the...
Hoping to make it easier for financial institutions to comply with new consumer protections for international funds transfers, the Consumer Financial Protection Bureau (CFPB) on Friday (Aug. 22) released final revisions to the remittance rule it approved in April. The revised rule provides banks and...
Privately-held Square has authorized a tender offer that places the company’s self-declared value at $6 billion, CNBC reported. To put that into context, Square’s similar valuation in January 2014 was $5 billion and in August 2012, it was $3.25 billion, Bloomberg noted. Get the Full...
