News

Europe
MasterCard Stays The Course On Russia
October 14, 2014

After initial signs that MasterCard might resist new rules, which required billions of dollars of security deposits, the card brand has now agreed to continue operating in Russia and to give in to new rules set by the Central Bank of Russia, according to a...

Apple Pay
Amex, McDonalds Cut Realtime Rewards Deal
October 14, 2014

The idea of using American Express points to redeem various rewards is hardly new, but in a joint rollout with McDonalds, the idea is to redeem these rewards in realtime. Stressing that “there are no codes and no registration needed,” diners ordering at the counter...

Karen Webster
Of Nobel Prizes And Payments
October 13, 2014

When explaining the economic “DNA” of Market Platform Dynamics, I always describe it as having its roots in the work of a genius French economist, Jean Tirole a long-time colleague of the two economists who also happen to be our Chairman and Founder, Dick Schmalensee...

When it Doubt, Blame Apple For Your Economic Trials and Tribulations
October 13, 2014

As it turns out, the Fins are not participating in the world’s love affair with Apple. 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...

New iPhones Available in 115+ Countries By End of Year
October 13, 2014

According to Apple, the iPhone 6 and 6 Plus will become available to more than 115 countries by the end of 2014. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

The Details On How Apple Pay Really Works
October 13, 2014

If all the current hype about Apple Pay and it’s new rumored release date of October 18th wasn’t enough, Mark Gurman from 9to5Mac was able to obtain screenshots of the Apple Pay setup process from a trusted source. Get the Full Story Complete the form...

World Bank To Release Procurement App
October 13, 2014

Citizens of the world interested in seeing what projects the World Banks is paying for, where the projects are happening, how they are being paid for and where exactly the money is coming from will soon be able to download and application that provides all...

B2B Payments
Navigating Fleet Rewards Cards
October 13, 2014

Always looking to save a buck here and there, fleet operators and their drivers have a wide variety of rewards cards from which to choose, ranging from parts stores to travel centers. These typically proprietary products, however, can pack a wallet pretty quickly. As such,...

Customers & Merchants Face Zero Liability With Apple Pay
October 13, 2014

Even with the recent compromises at Target (which affected 40 million credit and debit cards), Home Depot and UPS, banks and financial institutions are pretty enthusiastic about Apple Pay, the latest service to enter the payment ecosystem. Get the Full Story Complete the form to unlock this...