News

International
MasterCard’s MasterPass Launches In Singapore
June 03, 2014

Singapore consumers looking to end the never-ending cycle of entering billing and shipping information that comes part-in-parcel with online shopping now have a new tool in the box to make shopping easier. MasterCard has launched its MasterPass program, which will allow Singapore’s shoppers to store...

Controversial
Apple: Payments? Isn’t There An App For That?
June 03, 2014

Once again, Apple has disappointed those theorizing this is the year the maker of iPhones and iPads launches its own payment scheme. Discussions at the opening of the company’s WWDC made no mention of hardware changes, and the likelihood of a payments scheme appears not...

Europe
With The PowaTag Platform European Companies Can Build “Virtual Boutiques” Using Real World Advertisements
June 03, 2014

European shoppers who are looking for fashion on the go can now make their purchases in 20 seconds or less using their smart phones. Fast Retailing Co.’s Comptoir des Cotonniers division has paired with Powa Technologies, a London-based app maker, to make it possible for...

Merchant Innovation
Merchants Want To Take Debit-Card Fee Fight To US Supreme Court
June 03, 2014

The neverending battle between merchants and banks and the Federal Reserve over debit-card fees is set to enter its next chapter as the retailers take their case to the Supreme Court. The merchants argue that the Fed allows debit-card fees, which are assessed every time...

News
To Cash Or Not To Cash, That Is The Question
June 03, 2014

When it comes time to pay, what is the best method of payment? The debate continues over whether or not cash is the answer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

News
AmEx to Customers: Potential Data Breach
June 03, 2014

In the digital age, data breaches are unfortunately becoming more common. American Express can add its name to the long list of companies affected by hackers getting access to consumers’ personal information. Get the Full Story Complete the form to unlock this article and enjoy...

Company Spotlight
Putin: “Da” to Visa and MasterCard Staying In Russia
June 03, 2014

Russian President Vladimir Putin reportedly has signed amendments to a recently enacted law that make it easier for MasterCard and Visa to remain operating in that country. Specific details, remain sketchy, and there may be a $3 billion string attached to the deal.

B2B Payments
The Quest For The $4 Trillion B2B Holy Grail
June 03, 2014

U.S. small businesses today spend a combined $4 trillion on expenses necessary to keep their companies operating, most of which is spent via checks. And that doesn’t include payroll costs. During a recent Sanford C. Bernstein Strategic Decision Conference, American Express President Ed Gilligan described...

Alternative Finances
IRS: Leasing Organizations Need To Pony Up
June 03, 2014

Death and taxes might be two constants in life, but if the International Revenue Service has anything to say about it, the details of one of them can change. Unfortunately, the IRS has not found a way to prevent death, but it recently announced an...