Online B2B marketplace Kinnek, which enables thousands of small businesses to find suppliers and manage purchasing, on Monday (Sept. 15) announced its has raised $10 million in a Series A funding round. The New York-based company says it plans to use the new funds to...
In the wake of the launch of Apple Pay, MasterCard announced that it recently held a closed pilot to understand the consumer experience around voice and facial recognition, according to a company blog post by Ajay Bhalla, President, Enterprise Safety and Security at MasterCard.
Bitcoin Tracker | Week 41 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 form, you agree to receive...
“Tokenization is a step towards the realization of a payment becoming embedded within a user experience,” says Paul Bridgewater, TSYS Group Executive, Global Product & Innovation. Now that Apple Pay has officially been announced, the pressure is on everyone in the ecosystem to think differently....
Here’s a payment card reward points bonanza. A guy in China buys a ceramic cup and he is rewarded with 422 million American Express points, which is enough for 28 million frequent flyer miles or an $180,000 shopping voucher, Bloomberg reported. To be fair, it...
In the U.S., Costco is one of those extremely rare retailers who accepts American Express and does not accept either Visa or MasterCard. That exclusive club just got more exclusive, as Costco Canada abruptly severed its relationship with Amex. Get the Full Story Complete the...
PAX Global Technology Limited, which makes a popular NFC terminal. has embraced Apple Pay. 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...
A payment mechanism is not necessarily a payment mechanism. So says the man who founded both Twitter and Square. Jack Dorsey may see Square as a mobile payment device company, but he sees it as going in a fundamentally different direction than Apple. Hence, he...
Payments companies that live in glass houses shouldn’t throw stones at Apple. Shortly after Apple rolled out Apple Pay, PayPal bought a full-page ad in the New York Times to attack’s Apple security rep. The problem is that PayPal has similar security issues. Get the...
