The new mobile app from Costco, available on iOS and Android devices, bridges online and offline commerce by combining features from both shopping experiences, Internet Retailer notes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
NFC-centric startup ViVOtech is denying rumors that a shutdown of its business operations is imminent, but at the same time does acknowledge that it is looking to restructure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Global Payments Inc. says the security breach it suffered earlier this year cost the company $84.4 million. Costs associated with that breach cut quarterly profits by 90 percent over the year, from 72 cents a share to six cents, its latest earnings statement shows. Get...
Bank of America Merrill Lynch’s commercial card solutions are now available to businesses in seven additional countries, according toFinextra. Argentina, the Czech Republic, Finland, Poland, Denmark, Norway and Sweden have been added to BOA’s commercial card roster, the report says. And the company will also soon...
Retail gift card usage is slowing down overall, but lately merchants are seeing more reasons to get behind the payment method, notes Stores Magazine’s Lauri Giesen. For example, gift cards can boost consumer loyalty and total spend. First Data’s Mike Hursta says 71 percent of consumers...
ING Bank Slaski, the Dutch company’s Polish subsidiary, will conduct a 12-month trial of NFC payment technology in Poland, NFC World reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Standard Bank is issuing the MasterCard Muvo debit card to its customers, giving those customers an alternative to cash payments for transit fares. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
NFC payments will soon be arriving in Cambodia, the Phnom Penh Post reports. 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 newsletter, PYMNTS Today....
Giftcards.com hired Jay Scannell, former chief operting officer for SkyMall, to be its own COO. 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 newsletter,...