News

In-Store Retail’s Slow Start To 2015
February 10, 2015

Googling the phrase “the fate of physical retail,” will not tell one much about the fate of physical retail – though it will give one a fairly good insight into what the chatterati were all in agreement about vis a vis retail at any given...

Tuxedo Money Solutions Inks Partnership With Global Processing Services
February 10, 2015

U.K.-based international payments firm Tuxedo Money Solutions announced in a Feb. 9 press release that it would be partnering up with Dubai-based Global Processing Solutions FZ in a global payment program partnership. The main focus of this partnership is to expand the Tuxedo brand to...

Taco Bell Beefs Up Sales With Mobile Ordering
February 10, 2015

Taco Bell’s new mobile app is cooking, posting sales at 20 percent higher than in-store orders. 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...

Merchant Innovation
JetBlue Flying The Friendly Skies With Apple Pay
February 10, 2015

After four months of predictions, Apple Pay is actually hitting the stratosphere.  Literally.  Starting next week, passengers on some JetBlue Airways flights will be able to use Apple Pay to buy food and drinks once cruising altitude is reached.  Users will also be able to...

Messaging App Line Snaps Up Payments Processor WebPay
February 10, 2015

Messaging app company Line is looking to shore up its strength in payments by grabbing Japanese start-up WebPay in an undisclosed acquisition deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

What’s Inside The Global Payments ‘Gateway In A Box’
February 10, 2015

The merchant checklist for taking on global commerce in many ways might appear never-ending. There are multiple languages, currencies, payment methods, regulations, compliance issues, the build versus buy discussion and much more that must be considered in the process. And in Europe specifically, simply signing...

Alipay’s Ant Financial Valued At $30B
February 10, 2015

The IPO for Alibaba’s affiliate Ant Financial Services could be inching closer as the company is in the “critical stage” of funding negotiations that could value the company at $30 billion, Caixin magazine reported Monday (Feb. 9). Get the Full Story Complete the form to unlock...

SEPA Streamlines B2B Payments Process Across Europe
February 10, 2015

It’s only been about a year since the Single Euro Payments Area compliance deadline has passed, requiring companies in the Eurozone aimed at streamlining cross-border payments. Already, banks and businesses are seeing the benefits. Get the Full Story Complete the form to unlock this article...

Did Chinese Bitcoin Trading Site Go Bankrupt And Lose $386M?
February 10, 2015

MyCoin.hk, a bitcoin trading and investment site based out of Hong Kong, has reportedly lost $396.9 million (HK $3 billion) worth of its customers’ bitcoins and has fell into bankruptcy, CoinTelegraph reported Monday (Feb. 9). Get the Full Story Complete the form to unlock this...