Nordstrom will don the wardrobe of Apple’s apparel mobile payment partner, according to a report Tuesday (Sept. 2) in Bank Innovation, which noted that Nordstrom is suddenly sporting the identical mobile POS used in Apple Stores. Get the Full Story Complete the form to unlock...
The Foxconn Technology Group has locked down 10 percent control—after writing a $2 million check—of AirSig, a Taiwanese mobile authentication startup, TechCrunch is reporting. That would place AirSig’s valuation at $20 million. Get the Full Story Complete the form to unlock this article and enjoy...
Europe’s biggest online fashion retailer is testing a mobile-app feature that will let users snap a picture and then get recommendations for similar clothing, according to the Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
British prime minister David Cameron is urging EU nations to cut off Russian banks from the SWIFT financial messaging network, in order to put pressure on Russia as the crisis in Ukraine escalates, according to Finextra. Get the Full Story Complete the form to unlock...
After years of bank fee increases—both in type and amount—those fees may be on the decline. “Banks are making less of their money from customer-account fees than at any time in the past seven decades as strict government rules and changing consumer behavior squeeze a...
Amazon has removed a lot of the friction associated with shopping on and offline: easy checkout, fast delivery, massive product inventory. Yet Safwan Zaheer, a global product and strategy exec for a top global bank, said retailers can harness the power of digital to enable...
Delta Airlines this week reached a settlement with Visa and MasterCard in its dispute over interchange fees. The airline had opted out of a settlement agreement the card brands reached with merchants last year that the retailers contended was unfair. Should American Express, which issues...
E-Invoicing and purchase-to-pay company Basware has recently passed another growth milestone with over 80 million annualized e-invoice and purchase order transactions sent and received across its Basware Commerce Network. Those impressive stats makes the company the largest of its kind in the world, and is...
Yet more research is showing the resilience of cash use in the U.S. People, it seems, just like to use it, especially for smaller purchases. Or they do for now, at least, as change may be afoot, especially among U.S. payment cardholders. Get the Full...
