News

B2B Payments
Europe’s Fertile Fuel Card Hunting Ground
September 22, 2014

Some 20 to 30 years ago, every U.S. oil company ran its own in-house fuel card operation. Today, most outsource those operations. That trend has only just begun in Europe, where most businesses still operate their card programs internally. Get the Full Story Complete the...

Cool
Kmart Launches Free Layaway Program
September 22, 2014

Layaway, which was all but dead a decade ago, is increasingly the competitive weapon of choice for discount retailers. Kmart is wrapping up a no-down-payment layaway promotion for loyalty customers that appears specifically designed to undercut Walmart’s layaway. Get the Full Story Complete the form...

News
Neiman Marcus Buys Luxury e-Tailer
September 22, 2014

The Dallas-based high-end Neiman Marcus chain has paid about €150 million to take over Germany E-Commerce site MYTheresa.com, along with the E-Commerce operation’s flagship store in Munich. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

News
Did Home Depot Ignore Security Warnings?
September 22, 2014

Did Home Depot’s IT operation ignore—for years—internal warnings that it’s security was inadequate? A New York Times report, quoting various former employees of the home improvement chain, says that it did. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Innovation
Smile! MasterCard Toys With Mobile Facial Recognition For Payments
September 22, 2014

MasterCard is labeling “successful” a biometrics payments trial (facial plus voice) where more than 14,000 transactions were confirmed in a closed iOS and Android pilot using only MasterCard employees, according to a Computerworld report. Get the Full Story Complete the form to unlock this article...

Mobile
Visa Dials Back On Monitise
September 22, 2014

Startups today have found bank loans to help get them get off the ground have all but dried up. So many now turn to other investors, such as venture capitalists and “incubators” to secure their funding. Sales of company stock represent another option to pursue...

Karen Webster
Who Will Run “Android Pay?”
September 22, 2014

While the world’s now focused on Apple Pay, there’s another “A” player that’s just as capable of shaking things up in mobile payments. Android. Except that there’s just one problem, well actually there are five, that are getting in the way of making it the...

Mobile
Tesco Embraces Mobile Grocery Purchases
September 22, 2014

Tesco is trialing at a handful of stores—in London and Edinburgh—a mobile payment system, currently only being offered to employees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Datalytics Leverages SAP For Better Business Intelligence
September 22, 2014

Datalytics Technologies has announced  SAP HANA views for six core data marts based on data consolidated from Oracle and SAP ERP systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...