News

How Low Can Bitcoin Go?
January 15, 2015

It has not been a great 24 – 48 hours for bitcoin.  Depending on which pricing index one favors, the price of bitcoin has dropped 36 percent in the last two days and 20 – 24 percent in the last 24 hours or so.  According...

Company Spotlight
The 9 Things We Learned About mPOS in 2014
January 15, 2015

2014 was the that mPOS went mainstream: mPOS became ATMs, mPOS enabled-Apple Pay, and existing mPOS platforms delivered a whole new level of functionality. We tracked 136 companies over the last year and have 9 key takeaways about the mPOS marketplace. The latest PYMNTS mPOS...

Company Spotlight
MasterCard and Masabi Partner To Simplify Commuters’ Lives
January 15, 2015

Consumers are constantly looking for ways to simplify their lives; this includes everything from online banking to public transit. MasterCard now has their hand in each of these scenarios. The company announced today that it’s joining forces with Masabi, provider of mobile ticketing for transit,...

What’s So Different About China’s Mobile Payments’ Ecosystem?
January 15, 2015

There’s plenty of differences between the mobile commerce market in the U.S. and the mobile ecosystem seen in China. 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...

Former Tesco Head Invests $5M in Purple WiFi
January 15, 2015

As payments become increasingly electronic, and with advertising increasingly driven by social media footprint, having a low-cost public WiFi system presents both as a must for efficient payment processing as well as data gathering on consumer shopping habits. Looking to capitalize on the growing e-commerce industry...

Cool
JPMC | Better Together, Says Dimon
January 15, 2015

Only if the regulators made us do it. 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 daily newsletter, PYMNTS Today. By completing this form, you...

Wells Fargo Q4 Earnings On Point
January 15, 2015

Diversification was a popular buzzword from CEOs of two of the four largest U.S. banking companies when reporting on fourth-quarter earnings. While it didn’t gain the same media attention, including the criticism, as its larger competition — JPMorgan and Chase — Wells Fargo posted strong...

B2B Payments
SWIFT Extends Sanctions Screening Service To Cover All Financial Messaging
January 15, 2015

Global financial-messaging network SWIFT has extended its Sanctions Screening service to support all messages used in financial transactions, regardless of format or financial network, according to Cash & Treasury Management File. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Apple Pay
Apple Watch Will Use A Four-Digit PIN For Payments
January 15, 2015

Apple Watch will use a four-digit passcode that users must type before making Apple Pay payments, CSO Australia reported on Wednesday (Jan. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...