Cash may no longer be king for merchants, but it's still cash -- easy to steal and impossible to track, and unlike plastic and mobile payments, it has to be physically deposited before it's available in a merchant's bank account. On Tuesday (Nov. 4), Bank...
Since going live with Apple Pay last month, the $14.2 billion 401-store Whole Foods grocery chain has used the mobile wallet to process more than 150,000 transactions, according to CIO Jason Buechel. Get the Full Story Complete the form to unlock this article and enjoy...
Home Depot on Thursday (Nov. 6) reported that, in addition to the data for 56 million payment cards that was stolen, thieves also grabbed 53 million customer E-mail addresses. How was this all done? New details on that confirmed that “criminals used a third-party vendor’s...
On Thursday (Nov. 6), U.S. federal officials trumpeted that they had shut down a Web site that used Bitcoin transactions to try and hide $8 million a month in illegal drug and illegal services trafficking. Get the Full Story Complete the form to unlock this...
WEX Fuel Management and Titan Cloud Software are pairing up on software products for petro retailers and fleet managers. 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...
After months of horse-race coverage the results are in and Republicans have taken control of the United States Senate and expanded their control of the House of Representatives. While this will likely change many aspects of U.S policy, for the next two years at least,...
Working with Visa, U.S. Bank is bringing a wide range of card-based—as well as cardless—corporate payment offerings to European customers. That includes a new program to offer its corporate purchasing cards in Europe. The bank will be the first in the continent to offer Visa...
Apple Pay is driving NFC volume up and pulling Apple’s NFC rivals along with it, according to preliminary reports. In a speech this week, a Walgreens executive–Deepika Pandey, group vice president, digital marketing & customer experience—said that her chain has seen in-store NFC payments double...
What’s the point of having access to “big data” if it takes too long to turn it into actionable data? Retailers today don’t have the luxury of long cycles to collect, share and analyze incoming customer data given the pressure to make quick decisions to...
