The government’s anti-trust case against American Express is predicated on a straight-forward concept: retail card fees would drop if Amex abandoned its exclusivity strategy. An economist argued to the federal judge, though, that such a premise is flawed and “has a gaping hole in it.”...
Take a well-thought-out prepaid program – and a data-backed understanding of its performance – and mix in strategies for increased customer engagement. What do you get? Just a few of the tactics that i2c follows in its efforts to fuel the global growth of prepaid...
Thirty-two percent of merchants see mobile as riskier than standard e-commerce, up from 24 percent last year, recent statistics show. As retail foot traffic steadily declines and more consumers make purchases via mobile device, online fraud is quickly becoming a standard practice – and presumably...
A variety of mobile services reportedly are helping Dolce Hotels and Resorts to transform its sales process to drive more leads. The move reportedly came despite reluctance from execs at the conference hotel chain, who didn’t see mobile’s potential for a return on investment. Get the...
MasterCard is rolling out new “digital enablement” fees that will compensate the brand for an expected increasing use of tokens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
A Silicon-Valley mobile payment company, including payment folk from Visa, Paypal and Apple, is toying with a new mobile payment security approach, one that envisions security shades of gray, as opposed to today’s more typical binary open/closed approach, according to a Patent the company announced...
The Centers for Medicare & Medicaid Services (CMS) announced this week that it has resolved the technical issue on its Open Payments system – the verification system for its physician payments website. Get the Full Story Complete the form to unlock this article and enjoy...
Italy recently published a degree – titled Circular 18/E – that clarifies the European country’selectronic invoicing regulations. 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...
Product Lifestyle Management firm Centric Software Inc. recently announced that it raised $24 million in a Series D funding round, which was led by Fung Capital USA and Silver Lake Waterman. The money is going to be used to help Centric expand into the China market,...