Effective on January 15, MasterCard has appointed Michael Fiore as group executive of Global Prepaid Solutions, according to a company release. Fiore will lead the ongoing development and execution of the company’s global prepaid strategies in his new role.
Two of the top challenges that financial institutions must face today include needs-based and multi-channel payments. Digital business is blurring the boundaries between industries, but one big question remains: will traditional payments be one of them? In a recently debuted video, Gartner along with Alaric,...
In development since September, Twitter’s “Buy Now” feature is part of this third phase of social media’s integration into the economy of mobile commerce, and for now the company is starting small by limiting it to just movie or concert tickets. Get the Full Story...
TouchID isn’t new – in fact it was first launched in September of 2013 as “an innovative way to simply and securely unlock your phone with just the touch of a finger.” A year later, it was part of the magic of Apple Pay. And...
Apple Pay has gone live at yet another regional grocery group. The 217 Lucky, Save Mart and FoodMaxx supermarkets in Northern California and Nevada now all officially support Apple’s mobile payment system, their corporate parent announced on Thursday (Jan. 15). Get the Full Story Complete...
The conventional wisdom that falling oil prices are a catalyst for increased consumer spending took a major hit yesterday (January 14) with the release of the U.S, retail sales number by the Commerce Department. The figures released indicate that retail sales suffered their largest decline...
In a push to get customer dollars deposited on their pre-paid product, T-Mobile CEO John Legere used Twitter to announce that customers who elect to have their income tax refund directly deposited to their T-Mobile Visa Prepaid Card will get a $20 credit. The Mobile Money tax...
It has not been a great 24 – 48 hours for bitcoin. Depending on which pricing index one favors, the price of bitcoin has dropped 36 percent in the last two days and 20 – 24 percent in the last 24 hours or so. According...
Apple Watch will use a four-digit passcode that users must type before making Apple Pay payments, CSO Australia reported on Wednesday (Jan. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
