News

Branches Aren’t The Problem, They’re An Advantage, Says Santander Chief
February 04, 2015

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 Pay
Apple Pay Adds BBVA Compass, Fifth Third And 13 Other Banks
February 04, 2015

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...

News
Google And Dozens Of Others Settle With Visa And MasterCard
February 04, 2015

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...

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...