It had been known since the summer of 2013 that The European Parliament’s Economic and Monetary Affairs (ECON) Committee would vote to introduce a cap on multilateral interchange fees (MIFs) for credit and debit card payments. In a controversial move, the ECON Committee decided to...
According to a study released by ecommerce software company Hybris, in conjunction with Econsultancy, it was determined that B2B ecommerce in Australian and New Zealand is lagging behind B2C and the rest of the world. The research report, the ‘State of Ecommerce in Australia and...
Several Russian banks were recently denied services by Visa and MasterCard, and now the general public is concerned about the country’s financial situation, according to RIA Novosti. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Developed and emerging markets are heading down two different paths when it comes to consumer use of mPOS devices, according to ROAM’s CEO Ken Paull. In a recent podcast interview with Market Platform Dynamics CEO Karen Webster, Paull elaborated on these findings and what’s next...
In Part Two of this exclusive series, MasterCard’s Chief Emerging Payments Officer, Ed McLaughlin gives Karen Webster the view from his perch on who’s doing the most game-changing stuff in mobile, which represent the biggest opportunity of all and where the “white spaces” are that...
The Consumer Financial Protection Bureau (CFPB) on April 9 ordered Bank of America Corp. (BofA) to provide an estimated $727 million in relief to roughly 1.4 million consumers it says were harmed by deceptive marketing related to controversial credit card add-on products. BofA also illegally...
ComScore just published its 2014 US Digital Roadmap which is stuffed with amazing data points. We’ve boiled it down to the 5 essential truths about payments, commerce and the US digital consumer and added some of our own key insights so you can plug and...
Show-rooming, or when customers browse in-store but buy online, has already cut a red swath through the heart of retail. It has pushed some businesses, like consumer-electronics purveyor Circuit City and bookseller Border, out of business, and forced department stores and other retailers to rethink...
The path toward mass adoption for its mWallet has been littered with hurdles for the normally invincible Google, but the online search giant remains committed to its payment project and optimistic about its future. Get the Full Story Complete the form to unlock this article...