The global mobile payment transaction forecast is expected to reach $4.6 trillion in 2019, compared to $1.8 trillion in 2014, according to a recent study. The percentage of consumers using mobile payments apps rose from 8 percent to 40 percent from 2013-14. Will 2015 prove...
Walmart’s top payments executive told a conference last week that letting banks issue EMV credit cards without PINs makes a mockery of EMV security, CNN Money reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Despite Japanese regulators’ criticism of bitcoin — and the potential looming ban of the cryptocurrency — the country’s largest eCommerce company, Rakuten has officially sealed the deal to help bitcoin acceptance evolve across its marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Paydiant has officially dotted the “i” and crossed the “t” to become part of the PayPal enterprise. 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...
At its very core, 5th Dimension Logistics is a payment gateway and transaction hub. But what makes the company unique, says its President and CEO Matanda Doss, is that once a transaction is processed and completed, that sparks an entirely new chain of events that...
Bitcoin’s blockchain technology may have found a new application: cutting the time and cost required by cross-border wire-transfer payments. Align Commerce has launched a public beta test of a system to let either businesses or individuals pay invoices globally, the company announced on Thursday (April...
Most reports about mobile payments and mobile transactions often provide pockets of information — only giving a piece of information here and a piece there to help the payments ecosystem understand how consumers are using mobile devices. Get the Full Story Complete the form to...
MasterCard’s small business cardholders in the U.S. can now save on more than 20 million products offered on global e-commerce site Rakuten.com, according to a company release. The agreement is through MasterCard’s Easy Savings Program, which provides MasterCard small business cardholders from participating business card...
Big data isn’t always better data. In fact, TSYS’s Sr. Director of Analytics, Todd Doherty, says that focus on big data has just led to “obese data” as technology and tools make more of it available to business users. The cure for obese data, Doherty...
