Apple Stores and Best Buy alike eventually plan to drop AT&T iPhone subsidies in favor of installment plans, according to a Monday, June 1 story from CNET, which cited an unidentified spokeswoman. In other words, customers looking for an AT&T iPhone have to sign up for an...
Citigroup may wind down its Banamex USA operations as a part of a settlement with U.S. regulators amid allegations that the California-based unit has been beset by weak money laundering controls. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As the payments industry becomes more sophisticated, payments executives say they’re more interested in disrupting the payments value chain, including cutting out the number of middlemen involved in the payments process, according to results from a new report from ACI Worldwide and Ovum. Get the...
NFC technology is discreetly spreading across the world like wildfire. A recent report published by Semico Research is revealing that NFC growth in mobile devices, wearables and cars will fuel a 15 percent CAGR from 2014 to 2020. Get the Full Story Complete the form...
Blockchain, the bitcoin wallet company, recently discovered it had sent $8,000 worth of bitcoins to a wrong address, which was a result of what the company called a security bug in its Android wallets. Get the Full Story Complete the form to unlock this article...
First, Apple Insider reported rumors in April, and now The Wall Street Journal seems to be in the know as well: Apple is expected to launch a music streaming service to rival Swedish giant Spotify at its developers conference on June 8. Get the Full Story Complete the...
JPMorgan Chase has officially made its way onto the clearXchange payments network, a multi-bank P2P transfer network — a group that Chase helped form four years ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Foursquare, Uber and Button are joining together to incorporate the latter’s button function into an app. That button would in turn be a Foursquare feature, allowing users to call an Uber ride. Get the Full Story Complete the form to unlock this article and enjoy...
Discover is luring new customers by boosting its rewards program for those who apply for a Discover it card by July 31, the company announced in a June 1 press release. The Illinois-based credit card provider has offered to double the cash rewards its new cardmembers would...
