News

News
Chase Cyber Attack Affected 76M Households And 7M Businesses
October 03, 2014

JPMorgan Chase announced Thursday (Oct. 2) that its databreach attackers accessed information on 83 million accounts—about 76 million households and 7 million small businesses—is the largest known financial data attack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Locqus: The Contractor’s Answer To Uber
October 03, 2014

A Detroit-based firm called Locqus is launching a mobile app designed to support small businesses—along the lines of “plumbers, handymen and landscaping companies”—to coordinate jobs and payments with customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Asia’s Growing eCommerce Market
October 03, 2014

It’s going to come a year later than anticipated, but the U.S. and Canada’s combined rule over global B2C eCommerce sales is about to end, according to a new report from eMarketer. The research company had predicted Asia would take the helm this year. But...

The Incredible Shrinking Digital Currency
October 03, 2014

Bitcoin is now just a big game of how low can you go with prices down to $374.67 from $410. PYMNTS.com Bitcoin Price index. When looking at the bitcoin trading this week, unless one is truly risky, traders are advised to refrain from shorting the...

Apple Pay
PayPal and (no) Apple Pay | Is Samsung To Blame?
October 03, 2014

There’s nothing better than a juicy story. And the juicy story this week was what is said to have lead up to the decision of the eBay Board to spin off PayPal. What’s been reported “according to sources that have knowledge” on both the PayPal...

Apple Pay Will Launch Oct. 20?
October 03, 2014

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, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

What Cratered The Apple Pay/PayPal Deal?
October 03, 2014

Fortune magazine reported that the reason PayPal was left out in the cold on 9/9 when Apple Pay was launched was all because of Samsung. They report that before PayPal made a deal with Samsung, there were talks with Apple during the early stages of...

Macy’s Relentless Omnichannel Machine
October 02, 2014

Macy’s has been incrementally building its merged channel capabilities for years. The chain has repeated the same process again and again: Start with a small-scale test of an in-store feature, such as Macy’s “Store to Door” program, in which if one store is out of an...

What Pumps the “Heart of Mobility” in Payments
October 02, 2014

The recent shifts in the payments industry – Apple Pay, an independent PayPal, a publicly traded Alibaba – has forced everyone to think well beyond secure payment transacting to secure identity enablement. Marek Juda, Managing Director at Oberthur Technologies told MPD CEO Karen Webster what’s...