Offering up its latest quarterly report on the “Credit Card Landscape,” this time around for the second quarter of 2015, CardHub stated that rates were “fairly stable” with two exceptions: rates slipped (1.5 percent) for those consumers with excellent credit and rose (3.6 percent) for...
As China’s stock markets plunge, one longer term casualty could be consumer spending, which in turn could spell turbulence for the payments industry
When payments pundits start talking mobile payments, there’s always two hot topics that are top of mind: biometrics and authentication. 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...
The Alibaba affiliate Ant Financial has given its Alipay mobile app an upgrade that will help transform it from a mobile wallet to a payments platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Just how important is product packaging? Just ask Apple. 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,...
The use of tokens – the concept of a surrogate being used to replace something of value – is nothing new in payments and financial services. But the consumer-driven demand for smart devices, coupled with rapidly changing technologies, has the industry buzzing about what’s next...
After eight years of service at Fifth Third, CEO Kevin Kabat has decided to retire at the age of 58, according to the company’s statement. Greg D. Carmichael, current president and chief operating officer, will become president and chief executive officer as of November. Shares...
Symantec warns in a report published yesterday (July 8) that a new group of criminal hackers — dubbed the “Morpho” group — is driven by quick financial gains, attacking multibillion-dollar companies such as Twitter, Facebook, Apple and Microsoft, which have all publicly acknowledged the attacks....
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