Apple CEO Tim Cook said that more than one-million payment cards were activated within Apple Pay within 72 hours of its launch a week ago. Cook also dismissed the CVS and Rite Aid decision to back down to MCX and stop accepting Apple Pay as...
What is behind the death of so many seemingly well-thought-out digital health startups? According to one prominent VC in that space, the answer is a lack of understanding of payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Alibaba’s executive chairman, Jack Ma, said late Monday (Oct. 27) that Alibaba would like to partner with Apple on financial payments, but offered no details on what such a deal might look like. Get the Full Story Complete the form to unlock this article and...
Wall Street is starting to notice the many benefactors of payments changed fueled by Apple Pay and at the top of that list is now VeriFone, reports Barron’s. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
As banks host accelerators, incubators and hackathons to collect fresh thinking from startups, Wells Fargo has developed a Digital Innovation Lab to do its own testing on promising technologies — and a major theme of its work is authentication, according to American Banker. Get the...
The U.S. Postal Service is already delivering groceries for Amazon in San Francisco, and has now received an OK to extend the experiment for two years, Internet Retailer reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Nike and Apple may be working on a new, more stylish fitness wearable device, although neither company has announced anything, according to The Drum. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
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Apple in general—and the iPhone in particular—is having an outsized impact on the U.S. and global economies, according to a provocative piece in The New York Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
