News

News
Alibaba Will Open Trading At $68/Share
September 19, 2014

Alibaba could raise $21.8 million after its huge IPO launched Thursday (Sept. 18) at $68/share. 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,...

Mobile
Uber Adds Tips But Keeps Them, Says Drivers
September 19, 2014

Uber must consider to face a lawsuit accusing of forcing customers to pay 20 percent tips for drivers, but then pocketing most of it, after a U.S. federal judge refused to dismiss the civil lawsuit. Get the Full Story Complete the form to unlock this...

Apple Pay
Is Apple Pay Good News For Payments Processors?
September 19, 2014

There is a school of thought that Apple Pay will end up delivering a huge boost to major card brands, who have been struggling for years to get consumers to seriously try contactless payments. Get the Full Story Complete the form to unlock this article...

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SAP Buying Concur Technologies
September 19, 2014

In an $8.3 billion deal, SAP is taking over Concur Technologies to strengthen it’s cloud position. The deal is reportedly the largest in SAP’s history, the Wall Street Journal reported, overtaking SAP’s 2010 $7.1 billion acquisition of Sybase. Get the Full Story Complete the form...

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Home Depot Confirms: It’s The Largest Data Breach Ever
September 19, 2014

Home Depot’s data breach officially stole data from more than 56 million payment cards during a five-month assault. Based on the latest data released from both Home Depot and Target, that number has the Home Depot breach impacting 40 percent more cards than the 40...

News
Amex Organizes “Online Day-Off” Shopping Event
September 19, 2014

Amex is pushing a two-day event looking at creative ways e-tailers have successfully entered physical retail 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...

Apple Pay’s security is still untested
September 19, 2014

Apple’s new mobile payments system, Apple Pay, is being hailed as a game-changer — a new way to pay that will be quickly embraced by consumers and save retailers the headache and expense of break-ins into credit card-based systems. But will it? asks Retail Dive....

An Apple Loyalty Program Tied to Apple Pay?
September 19, 2014

At Apple’s announcement of its Apple Pay mobile payments initiative on Sept. 9, something was missing: an accompanying loyalty rewards plan that some Apple observers had heard the company was developing. But despite Apple’s silence, chatter about an Apple rewards program is still growing, Yahoo...

Navy Federal Credit Union Joins Big Banks For Apple Pay Rollout
September 19, 2014

Starting in October, customers will be able to pay for purchases directly from their iPhones and Apple Watches, thanks to Apple’s new mobile payment service — and the Navy Federal Credit Union is among the financial institutions partnering with Apple for the roll-out of Apple...