Just a week after the much balleyhooed launch of Apple Pay, Apple quietly filed its annual report on Monday (Oct. 27) — and not everything is looking quite as healthy as the new mobile payment system, according to VentureBeat. Get the Full Story Complete the...
Apple has a loyalty program linked to Apple Pay that could launch sooner than expected, according to Payment Week. 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...
If you’re going to go mobile payments, then really do it. That seems to be the approach of Wells Fargo, which is paying credit card customers $20 to sign up for Apple Pay. Debit and prepaid customers will only get $10 to sign up and...
The FDIC is keeping a close eye on nonbank financial companies, including technology startups, and how they’re affecting banks, American Banker reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Consumer Financial Protection Bureau (CFPB) is looking hard at banks’ policies on opening consumer checking accounts, including the third-party databases they use, American Banker reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
More than 5,000 corporate buyers are using Tradegood.com as a portal for buying products ranging from apparel and consumer electronics to home furnishings and health care supplies from more than 100,000 suppliers, according to a report in Internet Retailer. Get the Full Story Complete the form to...
Although it’s widely known that Apple Passbook is an area that very few shoppers have bothered with yet, what is less clear is why and whether Apple Pay’s repeated use of Passbook is going to motivate shoppers to try it directly. A report from Flagship...
U.S. e-commerce sales are on track to beat last year’s numbers by $61.4 billion — a figure that eMarketer reported will continually increase as mobile commerce draws in a larger e-commerce audience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Here’s a cyberthief twist. Thieves are routing bogus transactions through Brazil and are riding under the cover of EMV. The twist? “They were all submitted through Visa and MasterCard‘s networks as chip-enabled transactions, even though the banks that issued the cards in question haven’t even...
