China has blasted past the half-billion mobile users mark. A report from the Beijing government’s China Internet Network Information Center (CNNIC) says the number of mobile Internet users climbed to 557 million as of December 2014, up 11.4 percent from the year before, TechCrunch reported....
The number of retailers who offer customers a mobile commerce option has doubled in the past year — but m-commerce fraud is growing even faster, according to a new study from LexisNexis. Get the Full Story Complete the form to unlock this article and enjoy...
Chinese online giants Alibaba and Tencent, who have gone toe-to-toe over everything from taxi rides to banking, appear to be escalating their battle once more, Tech in Asia reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
While U.S. banks are closing or shrinking branches at a steady pace in the face of the rise in online banking and mobile banking apps, European banking giant Banco Santander sees those branches as a competitive advantage that online-only banks can’t match, according to Finextra....
Apple has updated its list of financial institutions that fully support Apple Pay with another 15 banks and credit unions, bringing the total to 61, 9to5 Mac reported on Tuesday (Feb. 3). Get the Full Story Complete the form to unlock this article and enjoy...
Google is one of dozens of merchants who asked a New York court on Friday (Jan. 30) to dismiss their lawsuits against Visa and MasterCard claiming that the card brands conspired to fix interchange fees for credit cards, Law360 reported on Monday (Jan. 2). Get...
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...
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...
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...
