On Tuesday (Dec. 8), millions of Korean commuters began using their Android phones to pay for their subway ride using Samsung Pay, Samsung Electronics announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Merchants Payments Coalition has issued a press release outlining reforms in credit card fees paid by merchants throughout the European Union to process credit card payments, and suggesting that this move may spur similar reforms here in the U.S. Get the Full Story Complete the...
Goldman Sachs is seeking to boost its presence in virtual currency, among other areas of payments technology. Financial Times reported on Wednesday (Dec. 9) that the Wall Street behemoth had “applied to patent a virtual currency settlement system” known as SETLcoin. The patent filing is part...
Bank profits have enjoyed some fat years, and now it is time to get ready for some lean years, analysts say. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Federal Trade Commission announced Tuesday (Dec. 8) the appointment of an Internet privacy and security expert as its new chief technologist. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
GoEuro, a European travel company that facilitates easy and fast bookings on public rail and road transport networks, announced a $45 million Series B investment round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
It has been a busy year for BBVA Bancomer. 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. By completing this form,...
It’s common for startups to pivot from their original missions when it’s clear that the market is presenting them different opportunities. What’s not common is for the founding CEO of an established startup to elect to leave just as his company has established a foothold...
During a recent earnings call with investors, Macy’s CEO Terry J. Lundgren hinted at the possible repurposing of retail space in key stores — including its flagship 34th street location — in an attempt to attract more millennials into their retail spaces, according to Racked....
