Payment Methods

Fed Names Two New Bank Executives
July 07, 2015

The Federal Reserve Bank of New York’s Board Of Directors yesterday (July 6) named two new executives to its leadership teams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Merchant Innovation
MasterCard Pulls All-Nighter To “Take Initiative”
July 07, 2015

What do you get when you take 400 MasterCard employees and split them into 85 teams across seven tech hubs? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Lloyds Testing ‘Tap To Bank’ Tech
July 07, 2015

Lloyds Bank is testing out how the use of NFC and contactless technology can improve the registration process for those setting up mobile banking, instead of the traditional phone call. The authentication process takes less than 20 seconds to complete and reduces failure attempts, Lloyds...

Europe
Barclays Uses Zapp To Beat Apple Pay
July 07, 2015

The big banks of the U.K. are preparing to step up their digital payment efforts as they attempt to fend off the bite Apple is fixing to take out of their customer base starting July 20. Get the Full Story Complete the form to unlock...

Payment Alliance International Turns ATMs Into Donation Devices
July 07, 2015

Consumers will now be able to make tax-deductible charitable donations to national and local organizations at ATMs. Payment Alliance International (PAI), an electronic payment processing solutions, announced yesterday (July 6) the release of the Digital Donations program, a new ATM fundraising capability powered by Digital...

PayPal Halted In Greece As Bitcoin Surges
July 06, 2015

The Greek crisis has come to PayPal. 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 Today. By completing this form, you agree...

Ant Financial Gets Private Placement From Chinese Government
July 06, 2015

Ant Financial, the Chinese Alibaba-affiliated online payments service provider, has gotten backing from the Chinese government via private placement with the National Social Security Fund (NSSF). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
Speed Pay Lets Mobile Wallet Users Get Cash
July 06, 2015

Indian state-run operator BSNL launched Speed Pay on Friday (July 3), a mobile wallet service which allows its users to transfer money, pay for services and withdraw even if the user does not have a bank account, The Economic Times reports. Get the Full Story Complete...

Apple Pay To Launch In The UK July 14
July 06, 2015

In a little under a week, Apple Pay will go live in the United Kingdom. According to sources cited at several retailers around the U.K., an internal memo from the Waitrose supermarket and an employee confirmation for 9to5Mac, Apple will be ready to launch its mobile...