Reports surfaced yesterday (March 3) indicating that MasterCard is considering a bid for U.K. payments provider VocaLink in what could be as much as a $1.4 billion takeover, according to unnamed sources cited by Financial Times. Get the Full Story Complete the form to unlock this article...
Investment valuation is a tricky thing — mercurial and temperamental, depending on who is doing the valuing. In recent weeks, tech stocks, most notably those of startups, have been volatile. And in some cases, large funds have been taking down their estimates of just how...
Mobile wallets and contactless payments are perhaps more accessible than ever before – with more merchants and companies pushing mobile payment acceptance and support as a priority. But the results from the 2015 U.S. Consumer Payment Choice Study, conducted by TSYS, shows that debit cards...
Within just two days of Apple Pay finally launching in China back on Feb. 18, Chinese shoppers reportedly activated 3 million payment cards within the mobile wallet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
I, Shopper, take thee, Online Retailer, to be my faithful partner in commerce. To have and to hold from this day forward — for better, for worse; for richer, for poorer; in sickness and in health — to love and to cherish, till death us do...
The long-anticipated sale process of American Express’ Costco cobrand card portfolio to Citibank has officially kicked off. 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...
Bad loans – they’re everywhere! 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 newsletter, PYMNTS Today. By completing this form, you agree to receive...
Contactless spending in the United Kingdom tripled last year to hit £7.75 billion ($10.76 billion) in transaction volume, marking a sharp spike from the £2.32 billion ($3.22 billion) spent in 2014. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In terms of P2P payments, Venmo’s numbers have been on the rise — setting a record $1 billion transfers in January. But now, Venmo seems to be changing how it offers its services to developers. Get the Full Story Complete the form to unlock this...
