News

Alternative Finances
NY Backs Off (A Bit) On Bitcoin Licensing
October 16, 2014

Financial services providers in New York will need a BitLicense — but that won’t include software developers, bitcoin miners, and individual cryptocurrency users, the Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

News
U.K. Amazon Launches Same-Day Parcel Pick Up
October 16, 2014

Amazon announced Wednesday (Oct. 15) another step in merging its digital marketplace with the basics of a traditional store by offering U.K. customers the chance to pick up goods the same day of an online purchase. Get the Full Story Complete the form to unlock...

B2B Payments
Cost And Security Concerns Slow Banks Progress To Real Time Corporate Payments
October 16, 2014

Corporate treasurers want speed — a lot more speed — from their banks, including quicker transaction settlement and access to information, along with faster account opening. Banks? They just want a little more time, according to American Banker. Get the Full Story Complete the form...

Uh-oh. PayPal Software Crumbles When Facing Older Encryption
October 16, 2014

PayPal announced Wednesday (Oct. 14) that older encryption may be the nemesis of  its current retailer software. 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...

Apple Pay
Intel Innovates At The POS
October 16, 2014

There’s one way to be certain that POS data can’t get stolen – don’t have data at the POS in the first place. That’s the innovation that Intel launched Wednesday (Oct. 15). Intel Data Protection Technology For Transactions creates an encrypted tunnel thru which cardholder...

B2B Payments
Canadian Business Travel Slowing
October 16, 2014

Canada’s hotel supply has grown more strongly in 2014 than in the previous two years, but that improvement presents about 0.8 percent growth as opposed to 0.5 percent.  In any case, the supply of hotels in Canada is growing at a little more than half...

B2B Payments
Citibank Launches Citi Integrated Payables
October 16, 2014

Citi has announced the launch of Citi Integrated Payables Solutions, a combination of payment and analytics services that will help organizations optimize their supply chains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Apple Pay
Amex Says Mobile Wallet Growth Slow, Even With Apple Pay
October 16, 2014

American Express on Wednesday (Oct. 16) reported third-quarter net income of $1.5 billion, up 8 percent from $1.4 billion a year ago. The card brand also reported that diluted earnings per share was $1.40, up 12 percent from $1.25 a year ago. Get the Full...

Retailers Abandoning Google Same-Day Delivery
October 16, 2014

Three key retailers—American Eagle Outfitters, Office Depot and Lucky (grocery)—who had been part of a Google same-day delivery service called Google Express have now changed their minds and withdrawn, according to a report in Fortune. Get the Full Story Complete the form to unlock this...