News

Legal & Regulation
The $14.5 Billion Question: Do Visa And MasterCard Control The U.S. Smart Card Business?
August 11, 2014

Do Visa and MasterCard have enough control over the U.S. payment card market that they can violate a smart card patent. A federal appeals court last week began hearing arguments in a case in which card vendor SmartMetric Inc. contends they do, and have. Get...

Loyalty & Rewards
Condé Nast’s Epicurious Makes Second Big iBeacon Push Of 2014
August 11, 2014

Condé Nast’s Epicurious is making its second big iBeacon push of 2014.  Swirl—the business behind Hudson’s and Lord and Taylor’s recent iBeacon upgrades—will now beam location aware notifications to those with the Epicurious app already installed on their phone via its already existing network of retailers’ beacons....

Cross-border Payments
Alibaba Playing Hardball On Fighting Knockoffs
August 11, 2014

Major consumer brands have struggled for years to control the massive grey market, where the brand’s goods are sold without authorization—and where the items sold may be counterfeit items of much lesser quality. This problem is especially challenging in much of the Asian E-Commerce space—and...

Merchant Innovation
Can Your Car Pay To Park Itself?
August 11, 2014

There is no one on Earth who wants to spend more time looking for parking. There is no way to enjoy the experience; nothing to be learned from circling city blocks in a desperate but futile search of a free space—in short, there is nothing...

Mobile Commerce
It’s Official: Mobile Devices Rule Our Lives
August 11, 2014

Mobile devices are now a central part of consumers’ overall lives, or it is for 85 percent of them at least, according to a new report. And while keeping in touch with loved ones has helped push the market along, the enhanced communications capabilities mobile...

Cybersecurity
Find Bugs? Square Will Pay Up
August 11, 2014

When it comes to fighting cybersecurity threats, there are many possible philosophies, but one school of thought says that if you can’t beat ‘em, it’s time to consider paying them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
A B2B financial-services bubble?
August 11, 2014

Is 2014 the year of the B2B high-tech financial services bubble? If so, it may already have burst. 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...

Exclusive Series
Mobile Coupon Predictions: Coming To Grips With What Is Unknowable
August 11, 2014

Executives always want to know where a particular trend—especially a payment type—will be many years in the future. But it takes a steel-willed employee to push back, pointing out that the number of variables are so many that any projection beyond 2-3 years is utterly...

Cybersecurity
Gemalto’s Big $890 Buy
August 11, 2014

Amsterdam-based Gemalto has moved to improve and expand its data security protection offerings through the acquisition of Maryland-based SafeNet. 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...