News

Discover, Capital One And HSBC Will Pay $2.2M Over Protection Plans
January 21, 2015

Discover, Capital One and HSBC will pay a total of $2.2 million to settle charges that they misleadingly sold credit-card payment protection plans in Missouri, the state’s Attorney General announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
Ingenico Buys The Rest Of ROAM
January 21, 2015

French point-of-sale vendor Ingenico now owns 100 percent of mobile commerce platform ROAM, the company announced on Tuesday (Jan. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Supreme Court Tells U.S. Retailers It’s Over
January 20, 2015

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...

Are Groceries Ready For Disruption?
January 20, 2015

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...

Bye-Bye Google Glass
January 20, 2015

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...

Merchant Innovation
Rocket Internet CEO Talking Smack About Google
January 20, 2015

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...

Alibaba-Backed Discount Site Nabs $700M in Financing
January 20, 2015

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...

The State Of Remittances And The Global Economy
January 20, 2015

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...

Velcro Pay To Offer Free Apple Pay POS For Merchants
January 20, 2015

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...