Payment gateway provider and EMV migration specialist Creditcall, which has more than 15 years of EMV experience and one million EMV Kernals deployed worldwide, recently announced its collaboration with NXP Semiconductors N.V., supplier of contact and contactless interfaces.
Are banks ready to hone in on mobile offers delivered via beacons? Beacon network Mobiquity is hoping that’s the case, Mobile Commerce Daily reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Wendy’s is looking to payments as a way to pull customers in and keep them returning. The fast-food chain is installing a standardized point-of-sale system in more than 2,600 locations to use as a mobile marketing platform, Mobile Commerce Daily reported. Get the Full Story...
Once transaction processing for Visa and MasterCard has been transferred to the new Russian National Payment Card System in April, the cards will again function in Crimea, a Russian government official said on Friday (Feb. 6). Get the Full Story Complete the form to unlock...
U.S. consumer borrowing rose by $14.8 billion in December, including a big rebound in credit-card debt during the holidays after a drop in November, according to a monthly report from the Federal Reserve released Friday (Feb. 6). Get the Full Story Complete the form to...
Just hours after Anthem, the second-largest U.S. health insurer, announced it had suffered a massive security breach, the largest Lloyd’s of London insurer said cyber attacks are now too big for private insurance companies to handle, according to the Financial Times. Get the Full Story...
Cash-back shopping service BigCrumbs.com will be offline for as long as three weeks after discovering that some of its members’ accounts had been compromised — even though the site itself doesn’t appear to have been breached, ECommerceBytes reported. Get the Full Story Complete the form...
Dubbed a “Neflix for Clothing,” personalized women’s clothing rental company Le Tote has reportedly raised $8.8 million in Series A funding from various venture capital firms, according to TechCrunch. The fundraising round was led by Azure Capital Partners with backing by Lerer Hippeau Ventures, Simon Venture Group,...
Ant Financial, an affiliate of the Alibaba Group, announced Feb. 5 that it will take a 25 percent stake in Indian mobile payments company One97, according to TechCrunch. This move appears to line up with Jack Ma’s vision of getting Alibaba more involved in India, which...
