News

Mobile
Another Mobile Pay Field Trial: 53 Percent Success
December 16, 2014

Mobile payments aren’t quite ready for prime time — at least not in Boston. That’s the conclusion of a Boston Globe writer who tested mobile-payment offerings from several local companies — with limited success. Get the Full Story Complete the form to unlock this article...

Ebay Employee Seems To Confirm Hidden Seller Limits
December 16, 2014

An eBay employee has confirmed what many have long suspected: that eBay has hidden limits on seller accounts, according to a report in ECommerceBytes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Uber Practicing A New Form Of Lobbying Pressure
December 15, 2014

Its newfound investment dollars—which have given the company a $41 billion valuation—are financing a massive international lobbying operation, catching state and municipal leaders offguard, according to an extensive Washington Post probe of Uber’s lobbying efforts. Get the Full Story Complete the form to unlock this...

News
UK Amazon Glitch Prices Thousands Of Items At One Penny
December 15, 2014

A software glitch on Friday night (Dec. 12) in the U.K. caused “thousands of items” sold by third-party vendors on Amazon to be prices at one penny—and holidays shopped grabbed the bargains. This caused huge problems for many smaller merchants who are paying the ultimate...

Why Commerce and Tech Companies Want To Deliver Grub
December 15, 2014

Big players in the payments space tend to have a knack for disrupting every market they enter. Look at Amazon and retail or Uber and cab services. They’ve stepped on the toes of businesses — big and small — undercut business models, and managed to...

News
MasterCard Sees Opportunity With Nigerian e-ID Cards
December 15, 2014

There’s a lot of untapped potential in the Nigerian commerce market — which is growing — and MasterCard has discovered a marketing niche with the country’s national high-tech e-ID card pilot project. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
New SWIFT Tool Makes Banks More Transparent
December 15, 2014

As financial institutions face the growing list of Know Your Customer rules – aimed at combating money laundering – SWIFT just launched its latest tool to aid banks’ transparency and compliance efforts with the KYC regulations. Get the Full Story Complete the form to unlock...

The Ten Things That Changed Payments In 2014
December 15, 2014

Ah, yes, it’s the most magical time of the year. 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...

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Tencent Joining Banking Business
December 15, 2014

China’s Tencent Holdings will be the first of five Internet firms to open its private banks to clients, Reuters reported late on Friday (Dec. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...