The Federal Reserve is boosting its oversight of large U.S. financial institutions, with an eye toward tracking the trillions of dollars crossing the payments system, The Wall Street Journal reported Wednesday (Aug. 26). Get the Full Story Complete the form to unlock this article and...
According to data from MasterCard and Barclaycard, contactless spending in the U.K. experienced a massive boost over the past 12 months.
The now-defunct mobile payment service Softcard hasn’t made the headlines in a while, but its name showed up again yesterday (Aug. 27) when Gemalto, a mobile chip and smart card maker, reported its mobile revenue figures, Reuters reported. Get the Full Story Complete the form to...
Proxama, the international mobile company that is centered on proximity marketing and payment solutions, is teaming up with Sygnity, the mobile ePayment solutions provider, in a strategic partnership and international reseller deal. Get the Full Story Complete the form to unlock this article and enjoy...
The mPOS company SumUp, which focuses on Europe, said Thursday (Aug. 27) that it has received a €10 million investment from backers that include BBVA Ventures and Groupon. Additionally, existing investors, including American Express and others, participated in the funding round, the company said in...
Samsung Pay has arrived in the United States — though currently only on a trial basis. 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...
Merchant Customer Exchange (MCX), which is the enterprise behind CurrentC, the as yet widely launched payments platform, said on Wednesday (Aug. 26) that it has debuted a strategic partnership with Inmar, Inc. Get the Full Story Complete the form to unlock this article and enjoy...
Facebook Unveils “M” – its new virtual assistant in a direct move against Apple’s ubiquitous Siri. One difference: M is powered by real live people. Will M make mincemeat out of other virtual helpers?
Customers of online retailer zulily can now add Apple Pay to their list of available payment methods when shopping.