Alipay, the Alibaba Group unit that is China’s largest electronic payments service, is now rolling out biometric authentication with its service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A holiday shopping survey from the National Retail Federation released Thursday (Oct. 16) found that consumers plan on doing 44 percent plan of shopping online. That is the highest percentage of online shopping that the annual survey—now in its 13th year—has ever seen. Get the...
As Walmart is conceding lower expected revenues this year, along with what appears to be a challenging holiday shopping season, it is moving to boost investment in E-Commerce and pull back from opening new physical stores. Get the Full Story Complete the form to unlock...
From his lips to your ears. It’s official. Tim Cook, Apple CEO, said that Apple Pay with be released on Monday (Oct. 20) along with the iOS 8.1 update. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
So here’s the good news: Famed venture capitalist Marc Andreessen thinks Apple, as a tech company, will do “extraordinarily well” over the long term and is gaining strength. But in an interview with Bloomberg West, that’s sort of where the kudos stopped. Get the Full...
The rollout of Ventra contactless transit payment cards in the Windy City market wasn’t a smooth one in 2013, but details from the Chicago Transit Authority released Wednesday (Oct. 14) reveal plans that will introduce a new mobile ticket smartphone app into the market. Get the...
Faced with research that shows many U.S. customers consider a strong rewards program more important than interest rates when choosing which credit card to use, Chase has launched a new site aiming to make its rewards more personalized, according to Finextra. Get the Full Story...
PayPal’s third-quarter earnings reported Wednesday (Oct. 15) climbed 20 percent to $1.95 billion, gaining 4.4 million new active registered accounts to end the quarter at 157 million active registered accounts (14 percent growth from last year). PayPal’s mobile payment volume grew 72 percent to $12 billion while its net...
Despite the rise of global fashion chains and online shopping, department stores are starting to enjoy a renaissance after finding ways to attract a new generation of customers, according to Business Insider. Get the Full Story Complete the form to unlock this article and enjoy...
