China appears embedded in a competitive battle between state-run banks and such large Internet companies as Alibaba over control of the nation’s mobile-payments market. Regulators there appear to be moving in the banks’ favor. Not so, apparently, is the case in New Zealand, where new...
There’s so much data influencing the industry today that it can be hard to stay on top of everything. PYMNTS.com’s Friday Factoids are the perfect solution for innovators, entrepreneurs or observers trying to keep up with all the latest information. Get the Full Story Complete...
Over the past week, the IRS deemed bitcoins taxable property, giving critics even more ammo to blast what Warren Buffet has dubbed “a mirage” and a man that Andreessen sort of slighted this week for his criticism of the cryptocurrency. That said, a small gun...
NACHA’s April 6 – 9 PAYMENTS 2014 will feature more than 130 educational sessions and plenty of networking opportunities specifically geared toward payments executives and professionals. Find out more here and make plans to attend. Get the Full Story Complete the form to unlock this...
Wal-Mart Stores Inc., which made a name for itself in the payments industry almost two decades ago when it led a class-action lawsuit challenging the “honor-all-cards” and debit card interchange policies of Visa and MasterCard, is at it again. Get the Full Story Complete the...
In her commentary column in the March 24 PYMNTS newsletter, Market Platform Dynamics’ CEO Karen Webster asked whether now is the time to hit the pause button on EMV. She’s not alone in sharing that view, as more payments-industry insiders are wondering whether the push for...
Two-year old software company Index, founded by former Google Wallet engineer Jonathan Wall and product lead Marc Freed-Finnegan, is focused on the physical world of commerce. Payments today work just fine, contends CEO Freed-Finnegan, but what about the other possibilities? Get the Full Story Complete...
Three companies took home the Best Innovation via ACH awards last week in recognition of the unique ways each is leveraging the ACH Network.
Bitcoin collecting and use just got a lot more complicated, thanks to a March 25 IRS notice classifying bitcoins as property and not currency. As such, it imposes a huge record-keeping burden on anyone who is dealing in bitcoins. Get the Full Story Complete the...
