Visa is already looking beyond Apple Pay. The world’s largest payment-card brand announced on Thursday (Jan. 29) that it beat analysts’ expectations, isn’t planning layoffs and will do a 4-for-1 stock split in March. But Visa is also pushing the tokenization that lies at the...
To offset the effect of the sinking ruble, Russian consumers have been buying — and business is good. 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...
Even though global consumer confidence has been on an upswing since late 2012, Nielsen reported on Jan. 28 that the global consumer index — the indicator that projects consumer spending — dipped slightly to 96 in Q4 of 2014 from the quarter prior, though this...
It appears that PayPal is no kind of pal to a lot of users in China. 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...
Bitcoin’s economics are inherently flawed and it isn’t mature enough for mass adoption, according to Greg Baxter, Citi’s head of digital strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Barely 24 hours after Apple announced the biggest quarterly profit in history, smartphone rival Samsung Electronics reported that its own quarterly earnings fell 27 percent in Q4, and it now sells just about as many smartphones as Apple. Get the Full Story Complete the form...
A war of words between the Chinese commerce ministry and Alibaba may now be cooling down after several days of heated rhetoric that has seen accusations, threats and personal attacks, after a government report last week criticized Alibaba’s Taobao, China’s largest online marketplace, for the...
Ant Financial Services Group is rolling out its new credit-scoring service Sesame Credit, which combines “big data” technology and customer behavior analytics to help make credit more available to millions of Chinese consumers. While the name Ant Financial Services Group may not immediately ring bells for...
Cloud platform mobile payments and retail engagement solutions provider Mozido recently announced in a release that it has named Ron Hynes, former executive VP of global prepaid solutions at MasterCard Worldwide, as President Global Markets.
