The conventional wisdom that falling oil prices are a catalyst for increased consumer spending took a major hit yesterday (January 14) with the release of the U.S, retail sales number by the Commerce Department. The figures released indicate that retail sales suffered their largest decline...
In a push to get customer dollars deposited on their pre-paid product, T-Mobile CEO John Legere used Twitter to announce that customers who elect to have their income tax refund directly deposited to their T-Mobile Visa Prepaid Card will get a $20 credit. The Mobile Money tax...
It has not been a great 24 – 48 hours for bitcoin. Depending on which pricing index one favors, the price of bitcoin has dropped 36 percent in the last two days and 20 – 24 percent in the last 24 hours or so. According...
Apple Watch will use a four-digit passcode that users must type before making Apple Pay payments, CSO Australia reported on Wednesday (Jan. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Despite the hopes of banks, mobile payments innovators and credit-card brands, Americans aren’t getting any closer to being “cashless,” Businessweek reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The entrance of Uber into the ridesharing market disrupted more than just the taxicab industry, it has shaken the financial ecosystem that was supported by those who owned and loaned money for the once-coveted taxi medallion business. It’s a trend seen over and over again in the...
Click here to see this week’s breakdown of investments 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,...
Over the past 40 years, innovators of all shapes and sizes have used ACH to enable an array of payments opportunities. According to Jan Estep, President and CEO of NACHA, the ACH network has been in a state of continuous change to meet the needs...
Who said that the mPOS market was all locked up? 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...
