News

ShopKick’s $200M Payday
September 29, 2014

U.S.-based Shopkick is heading toward full acquisition by South Korean wireless company SK Telecom. 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....

News
Mobile Users Not Concerned About Security
September 29, 2014

A new study released by the  Raytheon and Ponemon Institute reports that a little more than half of IT managers are interested in implementing virtualization. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Merchant Innovation
Barclay’s Reports Mega Mobile Transaction Volume
September 29, 2014

Barclays UK has announced the bank is now handling more than $6.52 billion in payments and transfers per month through its Pingit and mobile banking applications Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

News
MasterCard Launches Online V-Card for X-Border Shopping
September 29, 2014

KB Kookmin Card, in partnership with MasterCard, will introduce a virtual credit card that will allow overseas customers easy access to retail sites such as Amazon.com. The “SecurePay” protects users from personal information theft. Get the Full Story Complete the form to unlock this article and...

Controversial
How Banks Can Survive In A Post-2020 Payment Market
September 29, 2014

What a payment represents in 2020 will be much different from it does today, as it will represent much more than just the settlement of a transaction or the movement of funds. In fact, the market transformation has already begun, new research results suggest. Get...

News
The Latest POS Breach – Who and How
September 29, 2014

There’s more reported fallout from the databreach at sandwich-chain Jimmy John’s, with some 100 new restaurant victims identified and a confirmation from the chain that “an unauthorized person gained access to a user name and password that Signature Systems used to remotely access POS systems.”...

Merchant Innovation
In First Post-IPO Deal, Alibaba Goes For Hotel Technology
September 29, 2014

In its first major deal after its record-breaking $25 billion IPO this month, Alibaba Group Holding has dropped almost a half-billion-dollars to buy a chunk of a Beijing firm that delivers technology services to hotels. Get the Full Story Complete the form to unlock this article...

B2B Payments
The Fed Wants To Clean Up Token Confusion
September 29, 2014

The Federal Reserve Banks of Boston and Atlanta applaud the many efforts to standardize payment tokenization, except the part that there are in fact so many such efforts. The potential for confusion and, much worse, standards conflicts undermining token efforts—especially in mobile—is a great concern...

Apple Pay and Mobile Payments’ Secret Weapon
September 29, 2014

The launch of Apple Pay has started a lot of conversations about winners and losers in the mobile payments space. The fact that Apple Pay launched with an NFC payments capability for in-store payments has everyone high-fiving over the notion of an NFC dominated mobile...