PYMNTS Features

Former Tesco Head Invests $5M in Purple WiFi
January 15, 2015

As payments become increasingly electronic, and with advertising increasingly driven by social media footprint, having a low-cost public WiFi system presents both as a must for efficient payment processing as well as data gathering on consumer shopping habits. Looking to capitalize on the growing e-commerce industry...

Wells Fargo Q4 Earnings On Point
January 15, 2015

Diversification was a popular buzzword from CEOs of two of the four largest U.S. banking companies when reporting on fourth-quarter earnings. While it didn’t gain the same media attention, including the criticism, as its larger competition — JPMorgan and Chase — Wells Fargo posted strong...

B2B Payments
SWIFT Extends Sanctions Screening Service To Cover All Financial Messaging
January 15, 2015

Global financial-messaging network SWIFT has extended its Sanctions Screening service to support all messages used in financial transactions, regardless of format or financial network, according to Cash & Treasury Management File. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Apple Pay
Apple Watch Will Use A Four-Digit PIN For Payments
January 15, 2015

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...

Cybersecurity
Airport Parking Companies: We Were Breached
January 15, 2015

Two online airport parking services have confirmed that they suffered payment card data breaches in December, Krebs on Security 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 —...

News
Americans Still Love Cash — And Plenty Of It
January 15, 2015

Despite the hopes of banks, mobile payments innovators and credit-card brands, Americans aren’t getting any closer to being “cashless,” Businessweek reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Is Your Top-Downloaded App Actually Getting Used?
January 14, 2015

Tracking user engagement and behavior is crucial to improving business performance. But when a company releases its own app, what good is a million downloads if the app isn’t being used? Mobile app data provider App Annie now has a way to tell which apps...

Social Commerce Retail Sales Up 26 Percent
January 14, 2015

While retailers fight the crowded social media space to get their voice heard by consumers, a new report says social media is playing a larger role in retailers e-commerce strategies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

News
Amazon Veteran Reveals Company’s Pricing Tricks
January 14, 2015

Amazon boasts its business model as offering online shoppers the lowest price they can find. But an Amazon veteran has launched a new startup that shows that Amazon’s pricing strategies don’t always result in the cheapest products. Get the Full Story Complete the form to...