Working with Visa, U.S. Bank is bringing a wide range of card-based—as well as cardless—corporate payment offerings to European customers. That includes a new program to offer its corporate purchasing cards in Europe. The bank will be the first in the continent to offer Visa...
Apple Pay is driving NFC volume up and pulling Apple’s NFC rivals along with it, according to preliminary reports. In a speech this week, a Walgreens executive–Deepika Pandey, group vice president, digital marketing & customer experience—said that her chain has seen in-store NFC payments double...
After several days of defensive interviews about merchant restrictions and an E-mail data breach, the CEO of MCX is finally talking up advantages for shoppers to try the CurrentC system to be rolled out next year. Get the Full Story Complete the form to unlock...
Several close aides to Russian President Vladimir Putin are now the target of a U.S. Justice Department probe into an elaborate money-laundering scheme involving the U.S. financial system, the Wall Street Journal is reporting. Get the Full Story Complete the form to unlock this article...
PayPal unit Braintree will be letting European merchants sign up using only an E-mail address, URL and short company description, TechCrunch reported, adding that the company is also promising to waive any commissions for the first $50,000 worth of transactions in Europe. Get the Full...
Taking a page from McDonald’s legendary XX billions of hamburgers served signs, Square founder Jack Dorsey tweeted on Wednesday (Nov. 5) that a Sacramento merchant has recently accepted Square’s one-billionth swipe through Square. Get the Full Story Complete the form to unlock this article and...
Amazon has been testing package delivery by taxi, in another effort to figure out how to make same-day delivery workable, the Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A former FDIC head has accused the U.S. Justice Department’s Operation Choke Point of being “a serious abuse of government power” that harms the U.S. economy and especially hurts unbanked Americans who use payday loan services, American Banker reported. Get the Full Story Complete the...
Russia may ban circulation of the U.S. dollar in the country, the Azeri-Press Agency reported on Wednesday (Nov. 5). 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...
