PYMNTS Features

Digital Coupon Users Outspend the National Average by 114 Percent
June 02, 2015

Consumers who use digital coupons spend more than the average shopper – a lot more, says a recent study by Coupons.com and market researcher GfK. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Payments Executives Pay Tribute To Amex’s Ed Gilligan
June 02, 2015

The payments community was saddened by the tragic news last week that American Express President, Ed Gilligan died unexpectedly after becoming ill on a flight home. Gilligan had been with the company for decades, having started his career there as an intern 35 years ago, and...

Office Depot Launches Apple Watch App
June 02, 2015

Shopping for office supplies just got a little easier for Office Depot and OfficeMax customers. Office Depot Inc., the parent company of the global retailers offering office products and services, announced yesterday (June 1) the launch of its app designed specifically for the Apple Watch....

Citigroup Announces New Co-Head of Retail, Douglas Trauber
June 02, 2015

Douglas Trauber is joining Citigroup as Global Co-Head of Retail within the Investment Banking group next August to oversee coverage for Citi’s Retail banking team. He will work hand in hand with Co-Head of Retail, Richard Moriarty. The appointment was announced in a June 1...

AT&T Phases Out its Subsidies and Contracts in Apple Stores
June 02, 2015

Apple Stores and Best Buy alike eventually plan to drop AT&T iPhone subsidies in favor of installment plans, according to a Monday, June 1 story from CNET, which cited an unidentified spokeswoman. In other words, customers looking for an AT&T iPhone have to sign up for an...

Money Laundering Probe May End Citigroup’s Banamex USA Unit
June 02, 2015

Citigroup may wind down its Banamex USA operations as a part of a settlement with U.S. regulators amid allegations that the California-based unit has been beset by weak money laundering controls. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

How Payments Execs Want To Recast The Value Chain
June 02, 2015

As the payments industry becomes more sophisticated, payments executives say they’re more interested in disrupting the payments value chain, including cutting out the number of middlemen involved in the payments process, according to results from a new report from ACI Worldwide and Ovum. Get the...

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NFC Market at Almost 12 Billion Units in 2015
June 02, 2015

NFC technology is discreetly spreading across the world like wildfire. A recent report published by Semico Research is revealing that NFC growth in mobile devices, wearables and cars will fuel a 15 percent CAGR from 2014 to 2020. Get the Full Story Complete the form...

Blockchain Wallet Security Flaw Misroutes $8K Worth Of Bitcoins
June 02, 2015

Blockchain, the bitcoin wallet company, recently discovered it had sent $8,000 worth of bitcoins to a wrong address, which was a result of what the company called a security bug in its Android wallets. Get the Full Story Complete the form to unlock this article...