Last week there was a flurry of articles about cMoney. Here was yet again an incredible new mobile payments platform that will revolutionize the world. It had knocked the socks off of investors who had supposedly given it $100 million. And the press wrote breathily...
The virtual economy is exploding on Facebook as more and more consumers play social games like Farmville and Mafia Wars. Game developers make money largely by selling things that help people play the game like a bullet proof vest or a hand grenade for Mafia...
Friday Factoid for November 8, 2013 eCommerce’s $1B Holiday, Apple’s Payments Advantage And Other Friday Factoids By PYMNTS.com Editorial Staff (@pymnts) There’s so much data influencing the industry today that it can be hard to stay on top of everything. PYMNTS.com’s Friday Factoids...
Friday Factoids for November 22, 2013 Self-Gifting Consumers, Unaddressed Chargebacks And Other Friday Factoids There’s so much data influencing the industry today that it can be hard to stay on top of everything. PYMNTS.com’s Friday Factoids are the perfect solution for innovators, entrepreneurs...
The traditional card networks are great at what they do and they’ve only gotten better over time. Transactions occur lickety-split over their networks. They provide valuable services to merchants and cardholders directly or through their bank partners. They have healthy market capitalizations—almost $180 billion for...
Demystifying Substantiation For FSA/HRA TransactionsAnyone who has been involved with administering flexible spending accounts or health reimbursement arrangements would agree that there is confusing terminology throughout. This article will provide a glossary of terms that, if used consistently, will make communicating more efficient. Why Has...
MasterCard Advisors’ SpendingPulse, a macro- economic report tracking national retail and service sales, provided summary results for the first half of the month, through November 14, 2009. Retail sales were generally stable leading up to the holiday season, although some apparel sectors were showing mild...
Additional Resources Federal Reserve Board’s Payment System Website Payment Card Industry Standards The Nilson Report
To kick off the launch of PYMNTS.com, the “Oracle from Omaha” weighs in on what’s next in the payment industry and the economy at large. Business Wire CEO Cathy Baron Tamraz sits down with Mr. Buffett in an exclusive interview. Read the transcript here