The rollout of Ventra contactless transit payment cards in the Windy City market wasn’t a smooth one in 2013, but details from the Chicago Transit Authority released Wednesday (Oct. 14) reveal plans that will introduce a new mobile ticket smartphone app into the market. Get the...
Faced with research that shows many U.S. customers consider a strong rewards program more important than interest rates when choosing which credit card to use, Chase has launched a new site aiming to make its rewards more personalized, according to Finextra. Get the Full Story...
PayPal’s third-quarter earnings reported Wednesday (Oct. 15) climbed 20 percent to $1.95 billion, gaining 4.4 million new active registered accounts to end the quarter at 157 million active registered accounts (14 percent growth from last year). PayPal’s mobile payment volume grew 72 percent to $12 billion while its net...
Despite the rise of global fashion chains and online shopping, department stores are starting to enjoy a renaissance after finding ways to attract a new generation of customers, according to Business Insider. Get the Full Story Complete the form to unlock this article and enjoy...
Financial services providers in New York will need a BitLicense — but that won’t include software developers, bitcoin miners, and individual cryptocurrency users, the Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Amazon announced Wednesday (Oct. 15) another step in merging its digital marketplace with the basics of a traditional store by offering U.K. customers the chance to pick up goods the same day of an online purchase. Get the Full Story Complete the form to unlock...
Corporate treasurers want speed — a lot more speed — from their banks, including quicker transaction settlement and access to information, along with faster account opening. Banks? They just want a little more time, according to American Banker. Get the Full Story Complete the form...
PayPal announced Wednesday (Oct. 14) that older encryption may be the nemesis of its current retailer software. 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...
There’s one way to be certain that POS data can’t get stolen – don’t have data at the POS in the first place. That’s the innovation that Intel launched Wednesday (Oct. 15). Intel Data Protection Technology For Transactions creates an encrypted tunnel thru which cardholder...
