News

B2B Payments
Invoice Factoring Helps Push Canada’s Oil Boom
September 15, 2014

Oilfield factoring service, TCI Oilfield Factoring is committed to helping natural resource development firms of all sizes enter and expand the Canadian oil extraction and processing industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

The Week That Was Apple (Pay)
September 13, 2014

Well, hello Apple, and welcome to the payments industry. We’ve been holding the door open for you for a long time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Mobile
Banks Went The Apple Way
September 12, 2014

The mobile payment relationship between the major banks and Apple is, to put mildly, a delicate one. Apple’s move has the potential to vastly increase mobile payment revenue, which would create a potentially highly lucrative new market for the banks. But the precise details of...

Apple Pay
Telcos Fear No Big Payday From Apple Pay
September 12, 2014

How should telcos around the world react to Apple Pay? Should they ride along and cooperate fully—potentially hurting their own mobile wallet efforts—and sell as much data, bandwidth and phones as possible? That would be a continuation of the telecom players’ existing model, conceding the...

Apple Pay
China UnionPay Partners With Apple Pay
September 12, 2014

The relative dominance of the QR code in the Chinese mobile payments market may be coming to an end, are at least facing its first serious challenger, as a new player rolls into town—Apple Pay. Get the Full Story Complete the form to unlock this...

Apple Pay Drives Verifone Sales
September 12, 2014

The announcement by Apple that they are going into the payments business as been good news point of sale tech maker Verifone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Loyalty & Rewards
Alliance Data’s $2.3 Billion Acquisition Deal
September 12, 2014

Alliance Data systems has agrees to acquire Conversant for $2.3 billion.  The purchase will reportedly allow Alliance to form an end-to-end marketing service, reports The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Report Says Shoppers Not Wild About Mobile Payments
September 12, 2014

It looks like Apple might have a tougher time jumping into mobile payments than the euphoric press coverage would indicated, since the consumer population seems persistently dedicated to their total lack of enthusiasm for using their phone as a payment method. Get the Full Story...

Alternative Finances
Drug Dealer’s Best Friends Are Bitcoin, Prepaid Debit
September 12, 2014

For those who say there is no e-commerce application for social media the drug dealing population of Instagram stand as a stark, if weird, counter-example.  These enterprising black market enthusiasts present a convenient online marketplace for pot, heroine, cocaine and pretty much anything else the...