News

News
Retailers And Consumers Part Ways Over In-Store Tracking
March 25, 2014

Omnichannel retail is very popular with business. Customers, by contrast, are far less excited. 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
Retailers None Too Happy With Appellate Court Ruling
March 25, 2014

Not surprisingly, retailers expressed dissatisfaction with last week’s appellate court ruling upholding a Federal Reserve rule setting debit card interchange at 21 cents.

MasterCard And Monitise Form Digital-Payment Partnership
March 25, 2014

MasterCard and Monitise plan to accelerate the development and deployment of mobile wallets and digital payment solutions by financial institutions worldwide through a partnership announced March 24.

Coming Soon, Russia’s Alternative To Visa?
March 25, 2014

In light of recent Ukrainian developments, Sberbank this week suggested its Pro 100 system could serve as a replacement for Visa and MasterCard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Loyalty & Rewards
Navy Federal Offering Square Readers To Small-Business Members
March 25, 2014

Navy Federal Credit Union’s small-business members will now be able to accept credit card payments through mobile card readers offered by Square Inc.

Merchant Innovation
Ingenico And CardConnect To Bring P2PE To U.S.
March 25, 2014

Payments processor CardConnect is partnering with point-of-sale terminal maker Ingenico to bring EMV and point-to-point encryption to their 50,000 U.S. merchant customers.

News
Nigerian Agency Shuts Down Non-Compliant ATMs, POS Terminals
March 25, 2014

Nigeria’s Weights and Measures Department of the Federal Ministry of Industry, Trade and Investment reportedly sealed ATM and point-of-sale machines at four different banks because of non-compliance with basic standards.

Merchant Innovation
Crowdfunding And Raw-Data Evaluator Startups Score Funding Prizes
March 25, 2014

Several startups, including one led by astrophysicists, and a database-delivery provider highlight this week’s Startup Roundup.

Controversial
Branch Visits Down, While Financial Security Rises
March 25, 2014

New research from Bankrate.com suggests banks should re-examine their branch strategies to reflect reductions in use. This comes as other research from the company suggests consumers are feeling better about their financial security.