The U.S. Supreme Court has decided it will not consider a challenge to Federal Reserve regulations on the swipe fees merchants are charged for processing debit transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Surprising as it may seem, one can learn an awful lot about the payments industry by watching “Seinfeld.“ 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...
Microsoft has the Zune. Apple has the Newton. More recently, Amazon has the Fire Phone. All examples of great and innovative companies that swung and missed big after designing products that really didn’t solve any problems for consumers or add any real value to an...
Germany-based Rocket internet is less than beloved in Silicon Valley Tech circles, as the company is known for taking (non-proprietary) business ideas born in the valley, copying them, and then spinning them off on to the world’s stage. Get the Full Story Complete the form...
The Alibaba-backed Chinese group-discount website Meituan.com is now worth $7 billion after it received $700 million from unidentified investors, CEO Wang Xing told Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
As U.S. President Barack Obama gears up for his sixth State of The Union address tonight (Jan. 20), the leader of the free world will likely focus his efforts on the state of the U.S. economy. After all, when America’s economy crashes, the rest of the...
It can be difficult for small businesses to cash in on the big push toward mobile payment processing, particularly with the new rules and regulations to abide to regarding fraudulent payments. But merchant service providers like VelcroPay are trying to be a liaison in the...
Arguably the world’s most popular cryptocurrency, bitcoin has attracted everyone from libertarian rebels, to wealthy investors seeing a potentially profitable asset in the making. Yet as a currency, bitcoin has had some problems with purchases and transactions being completed in a timely fashion owing to...
The mobile app market is expected to be over $50 billion by 2015 as a continuation of the exponential growth that the market has seen in the last few years, according to The Wall Street Journal. Get the Full Story Complete the form to unlock...