MasterCard’s European woes over interchange just keep on coming as WM Morrison Supermarkets Plc is leading a group of U.K. retailers that are hoping to add more than a $1 billion in damages from MasterCard Inc. in their antitrust suit over payment fees, reports Bloomberg....
Home rental firm Airbnb is now accepting Alipay, the huge Chinese Internet payment offering, on its site, reports ReCode. 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...
When versions of iOS 8.1 were released Monday (Sept. 29), they included hidden settings for Apple Pay, according to a report in MacRumors. Given that Apple Pay has been announced, the existence of the settings is not surprising. It’s also not surprising that the settings...
There’s more reported fallout from the databreach at sandwich-chain Jimmy John’s, with some 100 new restaurant victims identified and a confirmation from the chain that “an unauthorized person gained access to a user name and password that Signature Systems used to remotely access POS systems.”...
In its first major deal after its record-breaking $25 billion IPO this month, Alibaba Group Holding has dropped almost a half-billion-dollars to buy a chunk of a Beijing firm that delivers technology services to hotels. Get the Full Story Complete the form to unlock this article...
From its beginning back in May 2011, NFC-using Google Wallet has struggled to get customers, having to overcome a shortage of retailers supporting it and an even smaller list of phones supporting it. The Guardian decided to try and quantify how many are using it...
As part of an effort to push its mobile payment app as deeply into retail as possible, China-based Tencent Holdings has increased the size of its minority ownership of a shopping mall and logistics developer. Get the Full Story Complete the form to unlock this...
An aggressive technique to encourage consumers to make their car payments on time is riding a popularity wave among lenders. The technique is to install something called a starter interrupt device, which remotely prevents the car from functioning. Get the Full Story Complete the form...
FiveStars, a 3-year-old loyalty reward firm focused on small businesses, has raised $26 million. “Menlo Ventures led the Series B investment, joined by the company’s earlier backers Lightspeed Venture Partners, DCM and Rogers Communications,” the Wall Street Journal reported. Get the Full Story Complete the...
