China appears embedded in a competitive battle between state-run banks and such large Internet companies as Alibaba over control of the nation’s mobile-payments market. Regulators there appear to be moving in the banks’ favor. Not so, apparently, is the case in New Zealand, where new...
The payments and banking industries are making progress in getting more U.S. consumers to use their mobile devices to access bank and card-account information, a new Federal Reserve Board of Governors report released March 25 shows. Get the Full Story Complete the form to unlock...
Over the past week, the IRS deemed bitcoins taxable property, giving critics even more ammo to blast what Warren Buffet has dubbed “a mirage” and a man that Andreessen sort of slighted this week for his criticism of the cryptocurrency. That said, a small gun...
NACHA’s April 6 – 9 PAYMENTS 2014 will feature more than 130 educational sessions and plenty of networking opportunities specifically geared toward payments executives and professionals. Find out more here and make plans to attend. Get the Full Story Complete the form to unlock this...
Merchant Warehouse on March 24 announced the acquisition of Opticard, a company that will help it provide customers a deeper set of mobile coupons, gift cards and loyalty cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
UK cash-to-bitcoin transfers through ZipZap have been put on pause. 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...
Three companies took home the Best Innovation via ACH awards last week in recognition of the unique ways each is leveraging the ACH Network.
Near Field Communication growth received a shot in the arm when Google last fall introduced Host Card Emulation (HCE) in its latest mobile operating system. In doing so, it made NFC possible without the need for a secure element. Though HCE offers cost and time-to-market...
Since late January 2014, eBay’s board of directors and activist investor Carl Icahn have been fighting over the future of PayPal, eBay Inc.’s payment subsidiary. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...