From his lips to your ears. It’s official. Tim Cook, Apple CEO, said that Apple Pay with be released on Monday (Oct. 20) along with the iOS 8.1 update. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
So here’s the good news: Famed venture capitalist Marc Andreessen thinks Apple, as a tech company, will do “extraordinarily well” over the long term and is gaining strength. But in an interview with Bloomberg West, that’s sort of where the kudos stopped. Get the Full...
For some, EMV-enabled payment cards are about more than just security. For some, EMV is deemed essential for banks with reloadable prepaid products to both cut costs and boost convenience for international travellers, says Pamela Kohl, Executive VP of Products and Channels, Banco do Brasil...
The rollout of Ventra contactless transit payment cards in the Windy City market wasn’t a smooth one in 2013, but details from the Chicago Transit Authority released Wednesday (Oct. 14) reveal plans that will introduce a new mobile ticket smartphone app into the market. Get the...
PayPal’s third-quarter earnings reported Wednesday (Oct. 15) climbed 20 percent to $1.95 billion, gaining 4.4 million new active registered accounts to end the quarter at 157 million active registered accounts (14 percent growth from last year). PayPal’s mobile payment volume grew 72 percent to $12 billion while its net...
Financial services providers in New York will need a BitLicense — but that won’t include software developers, bitcoin miners, and individual cryptocurrency users, the Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
There’s one way to be certain that POS data can’t get stolen – don’t have data at the POS in the first place. That’s the innovation that Intel launched Wednesday (Oct. 15). Intel Data Protection Technology For Transactions creates an encrypted tunnel thru which cardholder...
American Express on Wednesday (Oct. 16) reported third-quarter net income of $1.5 billion, up 8 percent from $1.4 billion a year ago. The card brand also reported that diluted earnings per share was $1.40, up 12 percent from $1.25 a year ago. Get the Full...
Apple Pay training documents are now again pointing to Monday (Oct. 20) as the date when Apple wants retailers to start offering shoppers Apple Pay, according to a MacRumors story. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
