It’s not just retailers who are struggling with technical issues involved in the transition to EMV chip payment cards. Some card-issuing U.S. banks are said to be having trouble too — and cybercriminals are taking advantage by automating the process of turning stolen numbers from...
Eighty-five percent of the world’s transactions may still be in cash, but if MasterCard has its say, 100 percent of them will soon be digital — and done using MasterPhone. Sources close to the matter told PYMNTS that the Purchase, NY, card network will soon...
Can a man sitting at a desk in downtown Boston buy a woman at a Starbucks in Kansas City a cup of coffee with just his phone? He might soon be able to thanks to new social media app called Cheers, which debuted in the...
Businesses need to get on board with the Internet of Things or be left behind, according to a new study from Verizon, and the same goes for players in the business-to-business market. The State of the Market: The Internet of Things (IoT) 2015 report estimates...
MasterCard’s digital wallet MasterPass continues to grow as Mobile Commerce Daily announces that retailers Neiman Marcus and Office Depot will now accept payments from the service, which enables those retailers’ consumers to make purchases in-app without having to go through traditional checkout procedures of entering shipping information...
Mobile banking is relatively new to the financial scene, and limited to just developed countries with the infrastructure to safely handle transactions, but Bill Gates thinks that in the next 15 years, 2 billion people worldwide who don’t own banking accounts today will be making...
Google has updated is mobile wallet to allow users to add automatic bank transfers into the digital accounts. The company made the initial announcement via blog post. The company also confirmed that there will not be fees or minimum balance requirements in order to set up the...
“Innovation is not a ‘destination,’ but an ongoing journey to perfection,” says Rahul Mutha, Founder and CEO of Aurus, a global payments solution provider. After a one-on-one chat with MPD CEO Karen Webster at the PYMNTS office last month, Mutha drops by to tell us...
With the release of the All Road card this week, WEX wants to make it easier for drivers to get all their truck stop and convenience store acceptance shopping needs met by a single card. “The new WEX Fleet One All Roads card is geared...
