News

60 Percent Of Shoppers Say Payment Security Is Inadequate
February 04, 2015

Current retailer security for protecting credit card and personal information isn’t strong enough. That’s the takeaway from a Bizrate survey released on Tuesday (Feb. 3) that found 60 percent of consumers said payment security is inadequate at brick-and-mortar stores, websites and mobile commerce sites and...

Gratuity Grows With E-Payments
February 03, 2015

Ever thought a place could get away with having customers tip 40 percent for a medium coffee just by using an iPad POS system? As POS devices increasingly become more digitized, and as payments increasingly shift to mobile and cards, tipping has also increased to...

Neiman Marcus, Office Depot to Add MasterCard Digital Wallet
February 03, 2015

MasterCard’s digital wallet MasterPass continues to grow as  Mobile Commerce Daily announces that retailers Neiman Marcus and Office Depot will now accept payments from the service, which enables those retailers’ consumers to make purchases in-app without having to go through traditional checkout procedures of entering shipping information...

Study: 55 Percent of Retailers Say Mobile To Drive In-Store Sales
February 03, 2015

Brick-and-mortar retailers are appearing bullish on the prospect of mobile targeting and advertising as ways to drive in-store sales, a development that has made e-commerce giants like Amazon appear less intimidating. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Looking For The Future Of Financial Services?
February 03, 2015

Almost five years after the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law, a multitude of alternative finance schemes have emerged to challenge the banking status quo and to develop platforms that have re-imagined almost every aspect of traditional banking and...

Braintree Releases Q4 2014 Recap
February 03, 2015

On Jan. 31, Braintree CEO Bill Ready released a recap of his company’s Q4 performance, where he highlights the new partnership with PayPal, as well as the huge growth company services, including fund-sharing program Venmo, have experienced thanks to both the PayPal partnership as well...

WSJ: Venture Capital Hits 14-Year High in 2014
February 03, 2015

2014 will go down as the most lucrative year for venture capital since 2000, largely because of a greater emphasis on late-stage funding of tech firms that choose to stay private longer than their predecessors did during the dot-com bubble at the beginning of the last...

Paym and the Fed’s Push for Faster Payments
February 03, 2015

On Jan. 26, the Federal Reserve released their plans to explore faster payments more in depth, with a potential release of their study on Feb. 24-26 at the Eastpay Conference in Orlando. While the payments world, to quote MPD CEO Karen Webster, is on “pins and needles”...

PayPal’s In-Store Shopping Division Hit Hardest In First Round Of Lay-Offs
February 03, 2015

About a month after they were first announced, the big layoffs at eBay and PayPal have begun. 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...