News

Alternative Finances
PayPal Testing New ‘Wearable Wallet’ for Smartwatches
April 25, 2014

PayPal is testing the new software in the corporate office coffee shop.

In Depth
Visa: Q2 Revenues Rise 7% As Profit Jumps 26%
April 24, 2014

Visa missed analysts' projections for fiscal second quarter revenues, but earned a 26 percent increase in profits as spending on credit and debit cards remained strong.

Merchant Innovation
Amazon Reports 23% Rise In Q1 Net Sales, Launches Grocery Service
April 24, 2014

Amazon Inc. on April 23 reported total first quarter net sales of $19.74 billion, up 22.8 percent from $16.07 billion during the same three-month period ended March 31 last year and beating analyst estimates by a reported $320 million. Net income was $108 million, up...

MiiCard’s $21 Billion Dollar Solution
April 24, 2014

There is no one in the financial services industry that likes identity theft, but after 20 years of watching it climb consistently upward annually, a certain level of acceptance has set in.  Fish have swim, birds have fly and fraudsters have to steal consumers identities,...

Hmmm
Square’s Many Suitors: The People Have Spoken
April 24, 2014

So two weeks ago we ask you, the readers, what Square should do, given that many of Silicon Valley’s biggest players are reportedly pursing the payments processor and POS start-up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

In Depth
Nelms: ‘It’ Card And Free FICO Scores Fuel Discover’s Q1 Receivables Growth
April 24, 2014

During the first three months of the year, Discover Financial Services’ card receivables grew by nearly 5 percent, at the upper end of the company’s targeted range. Much of the gain was through existing customers and the continued success of the Discover It card, which...

B2B Payments
Worldpay Launches e-Commerce Module With Hybris
April 24, 2014

Worldpay, a global payment processing provider announced the launch of an e-commerce integration module with hybris, a SAP company  to give customers access to Worldpay’s end-to-end services including payment processing, alternative payments, fraud and acquiring services, through the hybris platform. Get the Full Story Complete...

B2B Payments
Removing Barriers to E-invoicing
April 24, 2014

The European Parliament backed the Commission’s proposal to set up a European standard for e-invoicing in public procurement which brought the EU closer to the creation of a true digital single market in Europe. Get the Full Story Complete the form to unlock this article...

B2B Payments
BBVA Compass Creates Transportation Banking Division
April 24, 2014

BBVA Compass  formed a transportation banking division to provide financial services to trucking, rail, shipping, logistics and air-related companies across the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...