The Amazon Audible unit lets shoppers sign up using fake payment card data, fake E-mail addresses and fake names and then permits them to download lots of audio books before it even tries to verify the payment credentials, according to a report in Gizmodo. Even...
The city council in Aberdeen processes some 75,000 invoices each year from 147 registered suppliers. To help it process those invoices more effectively, the Scottish city next month will go live with its implementation of a cloud-based eInvoicing software system. Get the Full Story Complete...
Buoyed by low interest rates and increasingly favorable market conditions, banks are expanding their lending footprint into commercial real estate and construction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Analyst firm Gartner has issued a report predicting that 75 percent of mobile apps, by next year, will flunk even most rudimentary of security requirements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Chinese Academy of Sciences has endorsed an E-Commerce biometric authentication program based on the shopper transmitting a selfie. Dubbed “face swapping,” officials described a system that “can detect a face in only a few seconds and the accuracy rate is 99.8 percent. According to...
Regardless of Apple Pay’s long run success, we’ve all just witnessed an inflection point in payments – a point in time after which nothing will ever be the same. What happens over the next three to five years will likely decide the direction of payments...
Apple recently approached Square about becoming part of the Apple family, but talks ended abruptly when Apple was only willing to pay $3 billion, which is half of the company’s current valuation, according to a report in TechCrunch. Get the Full Story Complete the form...
McDonald’s Chief Digital Officer Atif Rafiq was talking with a reporter last week about how “seamless” and easy McDonald’s will incorporate ApplePay, which makes sense given how the chain has been accepting contactless payments for years. (We didn’t say that they had accepted a lot of...
Though there has been a lot of talk and media coverage about the tremendous potential mobile payments offer to the poor, underbanked and financially disenfranchised around the world–minus a few bright spots (M-Pesa) the progress of mobile in bridging the gap between the banked and...
