News

What’s A Mesh Beacon And Who Needs One?
December 09, 2014

A Parisian company wants to make Apple’s iBeacon irrelevant. 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,...

International
Canadians Say “No Thanks” To Mobile Payments
December 09, 2014

Only 2 percent of consumer purchases in Canada use mobile payments today, but attitudes among young adults there suggest that mobile buying will pick up soon, according to new research from GfK. Get the Full Story Complete the form to unlock this article and enjoy...

Alternative Finances
Millennial Banking “Nanny App” Launches
December 09, 2014

A Canadian banking upstart called Koho is joining Simple, Moven and other neobanks trying to reinvent financial services in ways that make sense to Millennials, American Banker reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Brazil’s The Bellwether For Mobile Payments
December 09, 2014

Brazil is one of the fastest-growing payments markets in the world, with the most developed card market in Latin America and boasting 70 percent of the total ecommerce transactions in the region — and now mobile payments may be about to take off there, according...

U.S. Card Charge-Offs Down, New Debt Way Up
December 09, 2014

U.S. credit card holders are paying their bills at the best rate in three decades. According to the quarterly credit card debt study from CardHub, the credit card charge-off rate is now at 2.89 percent — the lowest point since 1985. Get the Full Story...

Europe
UK Consumers Pick Favorite Non-Banks
December 09, 2014

Almost one-quarter of U.K. consumers would be “likely” to use an online payment provider like PayPal and WePay for retail banking services within two years, according to a survey of 2,000 U.K. adults by YouGov and legal website Out-Law.com. Get the Full Story Complete the...

International
Korean Retailers Fear Dependency On Tokens
December 09, 2014

No payment card company in Korea is currently developing its own tokenization system, and that has some in the Korean retail and financial industries worried, Business Korea reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Mobility: The Next Frontier In Authentication
December 09, 2014

How long can we go without our phones? That's tough to answer considering our phones have become us. Mobile devices can be a user’s identity, their payment device and in many cases their wallet. On Wednesday, December 17 at 1 pm EST, Doc Vaidhyanathan, VP...

Mobile
Chick-Fil-A Goes QR Code Mobile
December 09, 2014

The 1,850-store fast-food chain Chick-Fil-A on Monday (Dec. 8) announced its own QR code mobile payment and mobile ordering app for both iOS and Android, but the initial rollout will only be support at 130 stores in Atlanta, Chicago, Houston, Los Angeles, Orlando and Washington, D.C.. Get the Full Story Complete...