The summer in the U.K. didn’t break any records for sunny spells, but it did for contactless spending. A threefold year-on-year increase was reported by data from the U.K. Cards Association. Also, the low value of the pound is pushing up spending in the hospitality...
MoneyGram’s launch yesterday of MobilePass is the latest example of its commitment to moving away from being transaction-centric to becoming a relationship-centric platform for its global customers. MoneyGram CEO Alex Holmes told Karen Webster what this means for the future of MoneyGram and the customers...
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First Bankcard, a division of First National Bank of Omaha, announced on Tuesday (Oct. 4) the release of three new credit card benefits designed to support the business needs of small business and middle-market business customers. The new benefits include Cell Phone Protection, Mastercard Easy Savings and...
PayPal seems fidgety as the company announces promotions and changes among its executives. William J. Ready, who has headed Braintree and Venmo, will be promoted to Operating Chief. PayPal is anxious to become accepted universally as a method of payment and has recently signed deals...
Going after affluent consumers may seem like a no-brainer, but as the definition of luxury evolves, a new approach may be needed. For Mastercard, that means going “fewer, better, louder” when it comes to offerings for affluent customers. Juan Pablo Vivas, Mastercard’s SVP of Global...
Monzo announced on Friday (Sept. 30) that users can now send money to friends and family via their voice. 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...
KCB Group, Kenya’s largest bank based on assets, is reportedly in talks with Facebook, Apple and Alibaba Group about working together on digital payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Gemalto, the digital security company, announced on Thursday (Sept. 29) it has been awarded a contract by BankAxept, the national payment scheme of Norway, to enable all local banks to interconnect through a single credentials management hub for streamlined and secure management of mobile payments...
