News

Europe
Estonian National ID Cards Embrace Electronic Payment Capabilities
October 14, 2014

The Baltic country Estonia — about the population of Dallas, Texas  — embraces a niche in the payment world with its use of national identity cards that offer capabilities to access banking services, conduct government services, among other non-traditional payment features. Get the Full Story Complete...

B2B Payments
Mizuho Bank Outsources Supply Chain Finance to PrimeRevenue
October 14, 2014

At a time when supply-chain finance startups increasingly are encroaching on trade finance by traditional banks, some banks are turning to an untraditional approach: hiring a startup. Mizuho Financial Group announced this month that it has cut a deal with PrimeRevenue to provide supply chain...

Mobile
Google CEO Says Amazon Is Its Biggest Threat
October 14, 2014

Google Executive Chairman Eric Schmidt said Monday (Oct. 13) that it’s a misconception to think Bing or Yahoo is its biggest competitor when it comes to mobile searches. Instead, he cited Amazon as Google’s biggest force against the company in the mobile search market. Get...

Consumer Finance
Why Retailers Love Store Credit
October 14, 2014

You can get a store credit card at just about any retailer. The standard question has left consumers with the often split-second choice of asking themselves at checkout: Should I open this credit card? Get the Full Story Complete the form to unlock this article...

New App Turns Anyone Into A Showroom
October 14, 2014

A b2b UK startup has established $400,000 in funding to launch video technology that will bring together fashion and commerce for a new interactive online shopping experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Canadians To Mobile Innovators: Bring It On!
October 14, 2014

Paying with a smartphone is fine with Canadians, but a new PayPal Canada survey suggests many of them are ready to go way beyond something like Apple Pay, Chain Store Age reported. Get the Full Story Complete the form to unlock this article and enjoy...

News
JC Penny Gets A New CEO
October 14, 2014

Marvin Ellison, a veteran senior exec at Home Depot, has been named the new CEO for JCPenney. 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...

International
You’ll Never Guess Who’s Mining Facebook Data
October 14, 2014

MasterCard has agreed to a 2-year-contract to mine user data from Facebook Asia-Pacific, packaging it and then reselling it to banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Europe
MasterCard Stays The Course On Russia
October 14, 2014

After initial signs that MasterCard might resist new rules, which required billions of dollars of security deposits, the card brand has now agreed to continue operating in Russia and to give in to new rules set by the Central Bank of Russia, according to a...