News

India Coupon Reward Bill Pay Company Banks $80M In Funding
February 09, 2015

FreeCharge, an India-based bill paying program that rewards users with emailed coupons has just completed an $80 million Series C fundraising round as the company prepares to expand its transactional advertising program, according to TechCrunch. This follows a $33 million Series B fundraising round back in...

How Pin Pads Power Payments Data
February 09, 2015

Marc Freed-Finnegan doesn’t think receipts are exciting. 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...

Alibaba’s Smart Phone Play
February 09, 2015

Alibaba is taking a $590 million stake in a Chinese smartphone maker, Meizu Technology Co, that is virtually unknown internationally as the megafirm continues to explore ways to expand its mobile reach in a tightly competitive market. Get the Full Story Complete the form to...

LendingClub And Small Banks Pair Up On Consumer Loans
February 09, 2015

A partnership between Lending Club Corp. and a consortium of small U.S. banks is expected to be announced later this morning (February 9) in a joint effort to reverse a trend where banks have the market nearly cornered when it comes to making loans to...

News
UK Raises Contactless Spending Limit to £30
February 09, 2015

The growing popularity of contactless payments in the U.K. has propelled the spending limit on contactless cards to be raised by £10 to £30 starting September 2015. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

The Social Commerce Emerging Market Share
February 09, 2015

Facebook currently reaches more than 1 billion people, but what CEO Mark Zuckerberg really wants is to reach is the whole world. So far, he’s about 6 billion short. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Creditcall Partners With NXP For EMV Kernel Collaboration
February 09, 2015

Payment gateway provider and EMV migration specialist Creditcall, which has more than 15 years of EMV experience and one million EMV Kernals deployed worldwide, recently announced its collaboration with NXP Semiconductors N.V., supplier of contact and contactless interfaces.

Mobile
Banks May Use Retail Beacons To Benefit Own Apps
February 09, 2015

Are banks ready to hone in on mobile offers delivered via beacons? Beacon network Mobiquity is hoping that’s the case, Mobile Commerce Daily reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Loyalty & Rewards
Wendy’s Serves Up New Mobile Payments System
February 09, 2015

Wendy’s is looking to payments as a way to pull customers in and keep them returning. The fast-food chain is installing a standardized point-of-sale system in more than 2,600 locations to use as a mobile marketing platform, Mobile Commerce Daily reported. Get the Full Story...