There’s no question that virtual currencies such as Bitcoin have traditional payments regulators upset, given the relative transaction anonymity they bring to the table. Moreover, they continue to be a risky venture for consumers, the Consumer Financial Protection Bureau noted earlier this week, the first...
Local search engine site Justdial, which last year launched its Search Plus service to support product or service sales for its vendors, is reportedly planning to add micropayments into the mix. Such smaller payments similarly would be supported by the platform, just as any online...
With all of the attention paid to Fortune 500 companies, it’s sometimes easy to forget the huge economic impact of the health of the roughly 23 million small businesses in the U.S.. To the extent that loan traffic to those companies is a good economic...
Digital offers destination RetailMeNot reportedly has a back-to-school marketing campaign that will leverage geofencing technology. 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,...
What do merchants, salespeople, fraudsters, and regulators have in common? They each play a part in pressuring merchant acquirers and ISOs to automate the underwriting process. In a recently released eBook, Recombo dives deep into the inner workings of an automated underwriting platform helps acquirers...
Beacon vendor Ifinity on Wednesday (Aug. 13) secured an investment deal with SpeedUp Venture Capital Group that would put the company’s value at $12 million after all payments are received. SpeedUp, a Polish group of investment funds, plans to provide the seed capital in separate...
Much attention these days is on omnichannel support, where sellers can offer their products and services online or in their shops, and customers—businesses or consumers—may either buy or pick up orders in stores or have purchases delivered to homes or offices. Much of this trend...
The best-performing procurement organizations might be running out of steam, as their ability to run on extremely lean budgets and staffing is making it unlikely they can generate additional cost savings and return on investment (ROI) over the next year, a new report suggests. Get...
Earlier this week, the National Retail Federation reported that July retail sales, excluding automobiles, gas stations and restaurants, were flat, growing just 0.1 percent from June. Similarly, consumer confidence, which had been on a steady climb, remained stable from June to July. In a separate...