Unveiling a series of proposed new virtual currency regulations for New York state—which will likely be copied by other states and potentially federal regulators as well—Benjamin M. Lawsky, the superintendent of the New York State Department Of Financial Services, said that virtual currency startups need...
Ecommerce spending for 2014’s holiday period in the U.S. is up 15 percent from 2013 so far, with $42.5 billion in spending from desktop computers through Dec. 15, according to comScore. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
When breach notification letters become as common as holiday cards and promotional flyers from the local grocer, they tend to lose any impact. That’s the concern being raised following poll results released Wednesday (Dec. 17) from the Wall Street Journal and NBC News that showed...
A PayPal executive has jumped shop to Facebook but, like almost all job changes, it’s not necessarily what it looks like. What might seem like an early exodus due to panic before the eBay/PayPal split planned for next year might be something much more innocuous....
Apple Pay launched for the U.S. market but it’s been clear the company wants to have a global presence. That global launch may already been in the works as Apple has an Apple Pay team in London to help it expand the mobile wallet’s reach across...
GoBank has put the connivence factor of mobile banking back in its product and removed the burdensome starter kit initially needed to activate the service, BankInnovation.net reported. GoBank — the mobile-first bank account from the prepaid company Green Dot Bank — initially started selling starter...
Facebook may be looking to get into group-based selling on the social network site, engadget.com reported. 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...
When U.S. basketball team Orlando Magic hosts Utah Jazz Friday, Dec. 19, fans will be standing in the first NBA arena to offer Apple Pay Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The laws make it hard for payments players to innovate – but it doesn’t have to be that way. 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...
