Visa CEO Charlie Scharf is trying to change the payments conversation, from reaching out to retailers—some of whom, he freely admits, “hate” Visa—to embracing mobile and cyber currency strategies, according to an extensive BusinessWeek profile published Thursday (Oct. 2). Get the Full Story Complete the...
For several hours on Wednesday (Oct. 1), PayPal transactions disappeared and PayPal, while acknowledging that something happened, hasn’t yet shared what that was. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
PayPal once was the king of perception among younger shoppers, consumers who sought sites specifically that accepted PayPal, which was also more readily available to teens who would be unable to get credit cards on their own. But Apple Pay has sucked much of the...
MasterCard Thursday (Oct. 2) announced the launch of SafetyNet, which it said was a preemptive security system “to identify potential attacks before they start and in some cases before the bank or processor is even aware.” Get the Full Story Complete the form to unlock...
Digital River, a commerce-as-a-service vendor, on Wednesday (Oct. 1) said that it would support Apple Pay on its mPOS line. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Bill Gates thinks Apple Pay is a powerful move forward for the payments space and anticipates it will set in motion a wide range of positive developments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Groupon is moving to modernize the grocery business, with a new mobile app—called Snap—that gives customers money back after they upload photos of their receipts. But while Groupon is trying to modernize grocery with its rollout Thursday (Oct. 2), inertia is forcing some of the...
JPMorgan Chase announced Thursday (Oct. 2) that its databreach attackers accessed information on 83 million accounts—about 76 million households and 7 million small businesses—is the largest known financial data attack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A Detroit-based firm called Locqus is launching a mobile app designed to support small businesses—along the lines of “plumbers, handymen and landscaping companies”—to coordinate jobs and payments with customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
