News

Mobile Commerce
Why Did Consumers Suddenly Sour on Mobile Banking and Shopping?
August 19, 2014

According to a new poll by ID security firm Intercede, the people have spoken but it is not in favor of mobile banking or shopping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
Banks Move To Protect Their Slice Of Africa’s Mobile Payment Pie
August 19, 2014

In 2007 m-Pese launched in Kenya and changed the face of money transfer on the continent of Africa. Today, the mobile payment service handles $18 billion in transactions annually, mostly from the nation’s small business owners—tech entrepreneurs cab driver and cow herders who taken together...

Merchant Innovation
Dollar General Ups The Ante for Family Dollar
August 19, 2014

Another bidder has stepped into the ring to scoop up discount merchant Family Dollar. 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, PYMNTS...

News
Square Challenger SumUp Raises $10 Million, Loses Two Founders
August 19, 2014

Mobile POS startup SumUp has pulled in more than $10 million in a Series C financing round, but is also shedding two of its founders, according to Finextra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

News
PayPal Takes To The Ryan Air
August 19, 2014

Ryanair will be offering air passengers the ability to purchase tickets with PayPal. 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, PYMNTS Today....

Company Spotlight
Oberthur Technologies Acquires NagraID Security
August 19, 2014

Digital security solutions provider Oberthur Technologies (OT) announced today that it has signed an agreement to acquire NagraID Security SA, according to an Oberthur release.

News
Amex’s Exclusivity Rule Doesn’t Impact Merchant Fees, Economist Testifies
August 19, 2014

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.”...

News
Five Key Tactics for Prepaid Success
August 19, 2014

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...

Payments Next Big Cyber Threat
August 19, 2014

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...