Ripple Labs and Earthport have agreed to plug Ripple’s real-time settlement protocol into Earthport’s payments hub. This will allow Earthport’s customers to be able to use Ripple’s friction-free cross-border payments technology while operating within strict regulatory boundaries, according to a Finextra story. Get the Full...
Brazil is seeing such huge lending interest rates—bank loans hitting 100 percent interest while credit cards charge more than 240 percent annually—that an unusual player is emerging as a preferred option: pawnshops, which are charging about 19 percent. Get the Full Story Complete the form...
Most shoppers with mobile devices prefer to look up information on their phones or tablets while shopping instead of talking to store employees, according to a new survey by the Consumer Electronics Association. Get the Full Story Complete the form to unlock this article and...
While on a recent visit to the W Hollywood Hotel, Steve Wozniak, Apple’s co-founder gave an impromptu product demonstration on a keyless entry system that permits guests to use their smartphone devices as room keys. Get the Full Story Complete the form to unlock this...
Barclays has found a whole new use for beacon technology to personalize and improve customer experience. 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...
Fashion eyeglass designer Luxottica will be making “smart glasses” in partnership with chipmaker Intel, the two companies announced on Wednesday (Dec. 3) at the International Luxury Conference in Miami. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
While retailers consider a sale a sale, and would rather their customers buy online from them then not buy at all, online sales ding their margins. The Wall Street Journal recently reported that while most would think online sales would be more lucrative, because websites...
As the rise of e-commerce and mobile payments continues to threaten the champion status of cash, the market has threatened to leave behind the un- and under-banked population. ALTPAY wants to scoop up those consumers with a new mobile payment application that can be used...
The Federal Reserve’s Regulation D — which limits the number of monthly transactions customers can make with their savings accounts, including automatic payments — is getting a hard look from Congress, American Banker reported. Get the Full Story Complete the form to unlock this article...
