New payments systems like Apple Pay could offer an opening to terrorists, and should be regulated like banks, the CEO of BB&T said at a payments industry forum this month. Kelly King's solution? If they become important enough, designate them SIFIs [systemically important financial institutions]...
E-Commerce services firm Bigcommerce has emptied an investment shopping cart to the tune of $50 million, courtesy of SoftBank Capital, American Express Ventures, Telstra Ventures, Revolution Growth and General Catalyst, Recode reported. Get the Full Story Complete the form to unlock this article and enjoy...
A little over a year ago, when Target was breached, many predicted the coming retail apocalypse wherein consumers would simply be too terrified by security concerns to ever really shop with gusto again. It looks like that particular end-game scenario has not panned out. Get...
In an SEC filing, Visa says it may have to pay more than $10 billion to buy Visa Europe. Before, Visa has merely said the possible acquisition would cost “several billion or more” U.S. dollars, according to a report in Seeking Alpha. Get the Full...
In just about a week, Americans – fortified by turkey and stuffing, maxxed out on football and ready to flee the visiting relatives, will participate in one of the most famous of all holiday rituals: Black Friday shopping. Get the Full Story Complete the form...
In the weeks post Apple Pay’s launch, conversations around igniting mobile wallets – and what consumers actually expect from them – have spun in various directions. On the issuer front, while they seek that visibility and added utility to strengthen customer relationships, they still struggle...
PCH International is trying to buy Fab for $15 million in a half cash and half stock deal, TechCrunch is reporting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In the late 90’s there was a popular bumper sticker “Think Globally, Act Locally,” that had all but disappeared by the mid-2000’s when their original owners bought Priuses, which successfully conveyed the same message without the risk to the paint that accompanies a bumper sticker....
MasterCard sees mobile payment security as crucial, but it’s power is relevant only to the point that shoppers are actually using it. And with Apple Pay, that is starting to happening meaningfully. Get the Full Story Complete the form to unlock this article and enjoy...
