Apple CEO Tim Cook said that more than one-million payment cards were activated within Apple Pay within 72 hours of its launch a week ago. Cook also dismissed the CVS and Rite Aid decision to back down to MCX and stop accepting Apple Pay as...
The war on obesity is starting to wrack up casualties from causes other than diabetes and heat disease. McDonalds has seen its profits take a 30 percent hit in Q3 2014. The problems on U.S. soil with changing opinions on fast food were compounded by...
What is behind the death of so many seemingly well-thought-out digital health startups? According to one prominent VC in that space, the answer is a lack of understanding of payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Massachusetts-based start-up Credorax wants to bust up the silos that house the various pieces of the retail transactions processing process and has just raised another $40 million to do it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Alibaba’s executive chairman, Jack Ma, said late Monday (Oct. 27) that Alibaba would like to partner with Apple on financial payments, but offered no details on what such a deal might look like. Get the Full Story Complete the form to unlock this article and...
Given the breadth and depth of the data breach of 2014, it should come as no surprise that the nation’s big banks are feelings cautious bordering on paranoid about their security. And they would like it if their lawyers would feel the same way. Get...
Wall Street is starting to notice the many benefactors of payments changed fueled by Apple Pay and at the top of that list is now VeriFone, reports Barron’s. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The gap between China’s reported exports to Hong Kong, and what the territory is reporting as imports from the mainland once again widened in September. The conclusion being drawn from this, repots Bloomberg is that fake export-invoicing is again skewing China’s trade data. Get the Full...
Apple is talking with multiple companies about using Apple Pay’s NFC to replace public transit tickets as well as building keycards, according to a report in The Information. Apple is talking with HID Global and Cubic, which both specialize in making secure keycard building access and...
