What do giant jars of mayonnaise, value shoppers and EMV-compliant cards have in common? Starting in 2015 they will all be things one can find at a BJ’s wholesale club. The Massachusetts-based bulk store has inked an agreement with Alliance Data Systems Corporation and MasterCard...
The English have spoken and it seems that they have spoken out in favor using biometric indentification as a primary identifier when it comes to securing banking services. This insight comes from a Intelligent Environments survey that indicates almost 80 percent of British banking users...
Hudson’s Bay and its Lord & Taylor sister chain are the latest retailers to embrace beacon, following Walgreens, among many others. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Hony Capital, one of China’s largest private equity funds, has invested $50 million in cloud and mobile commerce enabling firm Deem, which recently under went recapitalization financing led by Point Guard Ventures along with various mutual funds. Deem connects a network of over 17,000 buyers and...
Sunstone Capital’s Max Niederhofer thinks Beacons are the next big thing in computers—and he isn’t afraid to put his venture capital dollars behind his beliefs. “We think this is a rapidly growing, potentially very large market with high margins, in which you can build...
It’s not who you think. Of the 13M internet users in South Africa, the majority go online via their mobile devices. PYMNTS got the scoop from MasterCard’s Head of Emerging Payments for the Middle East and Africa, Aaron Oliver, to understand what makes the South...
According to a recent study by the UK Payments Council, a new UK payments service has caused the nation to become the leader in mobile payments around the world. P2P Paym service, launched in April of this year, is believed to be the cause of...
Road signs could soon warn, “no shopping while driving” as mobile messaging app WeChat launches an in-app mobile shopping store with Yoox.com for its 400 million users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Retail associates are trained to be helpful, cooperative and flexible to try and bring in sales. Payment security folk might want to remind them “Not when it comes to payment.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
