This week, 400 hundred MasterCard partners from Southeast Asia, Middle East and Africa gathered in Singapore to talk payments innovation. 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...
Just a few weeks ago we thought that a $500 bitcoin floor was the bottom of the barrel, but bitcoin has dipped even further, reaching a new low, down in the 400’s. This week bitcoin took a long fall down to $410.61 from $450.68.
Apple Pay has the potential to influence the direction of a lot of things in payments, and today, we’d like to add “omnichannel” to the list. While the tech giant is brand new to payments, its ability to mobilize an ecosystem is above all others....
What do you do when you’re the largest payments company on the planet and every aspect of payments is undergoing huge global change? You try and identify the biggest and most threatening of these changes and try to either partner with it or do what...
As part of an effort to push its mobile payment app as deeply into retail as possible, China-based Tencent Holdings has increased the size of its minority ownership of a shopping mall and logistics developer. Get the Full Story Complete the form to unlock this...
An aggressive technique to encourage consumers to make their car payments on time is riding a popularity wave among lenders. The technique is to install something called a starter interrupt device, which remotely prevents the car from functioning. Get the Full Story Complete the form...
FiveStars, a 3-year-old loyalty reward firm focused on small businesses, has raised $26 million. “Menlo Ventures led the Series B investment, joined by the company’s earlier backers Lightspeed Venture Partners, DCM and Rogers Communications,” the Wall Street Journal reported. Get the Full Story Complete the...
The Federal Reserve Bank of Boston has created a working group to study the implications of using digital account tokens to replace card numbers, for both in-store and E-Commerce use. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The U.S. Postal Service has been delivering groceries for Amazon and has decided it wants to do a lot more. The agency this week, according to The Wall Street Journal, asked the Postal Regulatory Commission for permission for a 2-year test of the plan in...
