Visa announced yesterday a new designation for consumer reload-able prepaid products that aims to simplify and clarify fees, step-up consumer protections and make prepaid solutions a valid tool for getting onto stronger financial footing. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Later today, bulk retailer Sam’s club is expected to announce its official switchover to EMV technology, reports The New York Times, making it the first major American retailer to make the jump. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Swapping one country’s currency for another isn’t as easy as it might seem from an outsider’s perspective. However, China took some important steps earlier this week when it successfully traded currency with South Korea. Get the Full Story Complete the form to unlock this article...
Sometimes things work and sometimes they don’t. It looks like Zavers, the online coupon program that was launched through Google 17 months ago, is just going to be one of those things that didn’t work out. Google announced yesterday that it is pulling the program,...
Mobile-money firm Montise has brought in former Visa executive Elizabeth Buse as co-CEO to run the “day-to-day” corporate operations as well as technology, product, sales and marketing. This will leave current CEO and founder Alastair Lukies to develop external relationship with partners and industry stakeholders and...
Retail giant Sears is introducing three flagship stores in Illinois this month called “Connected Solutions.” 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,...
In a new feature unheralded in the keynote address during this years WWDC, iPhone users will soon have access to a feature that shows you the apps, installed or not, that will work in the area the user is currently standing. Get the Full Story...
The biometrics group at the Idiap Research Institute in Switzerland recently announced that they had found a way to “spoof” a vein recognition device. Previously, vein recognition software was considered to be difficult to hack or spoof. This was because the biometric patterns created by...
It seems everyone lately is looking to bring bitcoins into the legally controlled mainstream, and now the SEC is getting in on the act. Yesterday, the Securities and Exchange Commission announced charges against bitcoin marketing site FeedZeBirds and the operator of bitcoin betting site SatoshiDice...
