News

Virgin America Goes One-Click Payments
May 26, 2015

Virgin America Inc. intends to expand its digital footprint and create a “frictionless” transaction model based in part on Amazon’s signature one-click service, using digital payment tech and analytics, The Wall Street Journal reported Friday (May 22). Get the Full Story Complete the form to...

International
Inside NSA’s Plans To Hack Smartphone App Stores
May 26, 2015

The National Security Agency, along with several U.S. allies, developed a covert plan to hack smartphones using Samsung and Google apps. The intelligence efforts – which sought to infect those apps with spyware in an effort to monitor and “misinform” targets – were disclosed Thursday...

The CFPB, PrePaid Cards And Protecting Consumers To Death
May 26, 2015

So here’s a question. When is a prepaid card actually a credit card? Here’s an answer: When the CFPB says so. The CFPB recently released nearly 900 pages of proposed rule changes for prepaid products which would reclassify some prepaid products as credit products. That...

Alibaba’s Cross-Border Plan to Spur Global eCommerce
May 26, 2015

For its next sales push, Tmall is taking things worldwide. 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...

Border Branches Closing Over Dirty Money Concerns
May 26, 2015

Concerns over human and drug trafficking have led some big banks to make an extreme move in an attempt to avoid illegal money that is flowing over the border (or, more accurately, crawling under the border in dozens of long underground tunnels) and ending up...

Google Will Launch Android Pay At I/O Developer Conference
May 26, 2015

In two days, thousands of developers, tech enthusiasts and journalists will converge for Google’s annual I/O developer conference. This event is where everyone’s favorite not evil company trots out its next and best ideas for Android, Chrome, and services like YouTube. The event is also where Google...

Marketing That Minds Its Own Business
May 26, 2015

Everybody wants a deal – but both merchants and consumers want to handle them on their own terms. The more that third-party providers clutter the space by trying to get their piece of the action, the less value local promotions have. Mike Milenko Strika, co-founder...

A Day in the Life of a Chief Technology Officer
May 26, 2015

Meet Alok Bhanot, EVP and Chief Technology Officer at Verifone. Having more than 20 years of experience driving new ideas for global technology organizations, he knows what he’s talking about when he talks innovation. And that’s just what he did with PYMNTS, as part of...

Apple iOS Leaks Hint At IoT Push
May 25, 2015

While Apple may not be the king of the Internet of Things just yet, the industry cannot deny its role in promoting the hyper-connectivity of everyday items to the Web. Its iPhone has played a significant part in fueling the ability for companies to access...