News

Bitcoin Strikes For The Gold Standard
February 13, 2015

When people say someone is as “rich as Croesus,” they’re talking of to a time (B.C. time) when gold was first starting to be used as a currency. A time when Croesus of Mermnadae, the last King of Lydia, had accumulated an ungodly amount of gold...

Mobile Commerce
Smartphone Shopping Not On Par With Smartphone Usage
February 13, 2015

While smartphones seem to be progressively devouring the day for most Americans, mobile commerce and mobile payments are lagging far behind the other uses of mobile devices, according to a new pair of surveys. Get the Full Story Complete the form to unlock this article...

News
Overcharging Customers Costs Target $4M
February 13, 2015

Target will pay almost $4 million to settle accusations that it charged California consumers higher prices than the retailer advertised because of faulty checkout scanners, the San Francisco Chronicle reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

US Investors Gave London Tech Scene $800M
February 12, 2015

Call it Silicon Valley, U.K. 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, you agree to receive...

Walmart Rolls Out Grocery Pickup Service
February 12, 2015

Frequent customers of Walmart will now have the chance to order their groceries online to be picked up at their local store at certain trial locations, AZ Central reports. The service is being demoed in a few stores in Arizona, Denver, and select locations around Walmart’s headquarters...

Feds Put Private Sector Payments Progress In Check
February 12, 2015

Two years ago, the Federal Reserve was looking to take a decade to review how to make payments a faster process, commissioning study after study on how best to do it. Yet the industry doesn’t go at the Fed’s speed, and they now realize that...

Merchant Innovation
India Checks ‘Pocket’ For New Mobile Wallet
February 12, 2015

Hoping to stay ahead of an increasingly competitive Indian mobile banking market, ICICI Bank announced that it will make its Pockets mobile wallet available on Google Play, even to those who do not have ICICI bank accounts, according to company sources. Get the Full Story Complete...

Merchant Innovation
Is Google Dumping NFC To Compete With Apple?
February 12, 2015

It seems Google might be considering moving beyond NFC in its quest to compete with Apple Pay, according to new data published in The Information.   The search-giant has reportedly been quietly testing a contextually-aware mobile, bluetooth-based payment system codenamed “Plaso” both in-house and with some...

Google Americas’ Head Georgiadis To Join McDonald’s Board
February 12, 2015

McDonald’s has recently announced that it has named Margo Georgiadis, former president of Google Americas, to its board of directors as part of a shake-up that has resulted in longtime President and CEO Don Thompson’s retirement. Get the Full Story Complete the form to unlock...