China’s two biggest online services already have large payments operations — and now both have permission to be bankers, too. On Monday (Sept. 29), Alibaba Group’s Alipay affiliate won permission from the China Banking Regulatory Commission to set up a privately owned bank, according to...
There’s no doubt that Apple Pay has a lot going for it. It’s the payment method birthed by a beloved consumer brand and technology giant, it has the backing of the biggest payments players on the planet and it has those same players using their...
Although a new TV commercial campaign called “What’s In Your GUI?” is unlikely, Capital One has set its sights on user interfaces and has purchased Adaptive Path, a San Francisco design firm. Get the Full Story Complete the form to unlock this article and enjoy...
Visa CEO Charlie Scharf is trying to change the payments conversation, from reaching out to retailers—some of whom, he freely admits, “hate” Visa—to embracing mobile and cyber currency strategies, according to an extensive BusinessWeek profile published Thursday (Oct. 2). Get the Full Story Complete the...
PayPal once was the king of perception among younger shoppers, consumers who sought sites specifically that accepted PayPal, which was also more readily available to teens who would be unable to get credit cards on their own. But Apple Pay has sucked much of the...
Digital River, a commerce-as-a-service vendor, on Wednesday (Oct. 1) said that it would support Apple Pay on its mPOS line. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Bill Gates thinks Apple Pay is a powerful move forward for the payments space and anticipates it will set in motion a wide range of positive developments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Groupon is moving to modernize the grocery business, with a new mobile app—called Snap—that gives customers money back after they upload photos of their receipts. But while Groupon is trying to modernize grocery with its rollout Thursday (Oct. 2), inertia is forcing some of the...
A Detroit-based firm called Locqus is launching a mobile app designed to support small businesses—along the lines of “plumbers, handymen and landscaping companies”—to coordinate jobs and payments with customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
