Visa and MasterCard have won a reprieve from Russia’s demand that the card brands pay more than $1 billion each to continue operating in the country, Russia Beyond the Headlines reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Alibaba’s biggest rival in China, Tencent, has just led a $350 million funding round for a startup called Koudai Gouwu that could challenge Alibaba where it’s weakest: mobile shopping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Apple has signed up more than 500 banks for Apple Pay, but some bank executives whose institutions are on board with the new payments system are feeling defensive, according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy...
Flint Mobile, a startup built around letting users snap photos of a credit card to make payments, has raised another $9.4 million in funding and announced an online version of its service, according to TechCrunch. Get the Full Story Complete the form to unlock this...
Alibaba is hoping for a boost for its e-commerce-oriented mobile-phone OS from a new partnership with Chinese handset maker Meizu, according to ITNews.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Shortly after BitFury Capital announced an undisclosed investment in digital currency merchant processor GoCoin, GoCoin CEO Steve Beauregard said that his Bitcoin operation will make B2B payments recruiting a top priority. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Central Bank in Ecuador is trying to launch a national mobile payment scheme that is designed to handle B2B transactions (along with P2P, top-up, cash in and out, in-store purchases and electronic receipts), deliver a very low rate (a $50 charge costs four cents,...
Talking revenue or net income in the billions isn’t something shocking for Apple, but hitting that billionth mark for sales of its iOS devices is, which apple is expected to do this quarter, according to a Seeking Alpha report released Wednesday (Oct. 22). Get the...
The results of a national survey released Tuesday (Oct. 21) reveal that a majority of Americans are comfortable sharing personal information, particularly when there’s rewards information to gain from sharing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
