Experimenting with opening its first brick-and-mortar, Amazon has taken over a 12-story building in the heart of the most famous shopping district in the U.S., on 34th Street in New York City, a block from Herald Square, right near Macy’s headquarters. Plans are to be...
Even though online shopper authentication systems—including Verified by Visa and MasterCard SecureCode—have been around a long time, a newly-released survey suggests that only 57 percent of retailers are bothering to use them. Get the Full Story Complete the form to unlock this article and enjoy...
Two PayPal execs have been quoted saying that PayPal could top a market capitalization of $100 billion. A Motley Fool writer, though, ran some calculations and concluded that the only way this makes sense is if PayPal intends to become a true processor. An idea,...
It’s way above my pay grade to weigh in on Carl Icahn’s proposal to Apple to accelerate its share buybacks. But the letter made for good reading, nonetheless. Someone did a whole lot of work to assemble a bunch of stats on Apple and its various products...
German payment card issuers are facing a major threat. They largely depend on Multilateral Interchange Fees – but currently, proposed interchange fee changes in the EU could shake up the nation’s financial ecosystem. In a recent podcast, Tom Stankiewicz, Director of Business Development at TSYS...
It’s not easy selling jeans. With the release of a round of disappointing sales figures, GAP CEO Glen Murphy has announced that he is stepping down from the role sometime next year, reports The Wall Street Journal. Get the Full Story Complete the form...
Bidding for peer-to-peer loans has become highly competitive, as small banks have joined fast-money and retail investors searching online marketplaces for the strongest and highest-yielding credits, according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
It’s official. Apple is throwing an iPad launch party on October 16th at the Apple campus in Cupertino, California at 1pm EST. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
As the hoopla over Apple Pay wanes, skepticism is beginning to set in — even among executives at big retail chains that will be rolling out Apple’s new payment system later this month. On Tuesday (Oct. 7), Target director of finance Bill Ramsey told a...
