Retail banks are increasingly falling behind by tech-savvy competitors – such as the FinTech alternatives entering the market — which could cause serious threats to the future of traditional banks, suggests a new report by Oracle’s financial services unit. Get the Full Story Complete the form to...
While Trader Joe’s isn’t on Apple’s official list of stores that accept Apple Pay, a recent report from Apple Insider — which shows an Apple Pay logo on a Trader Joe’s POS — indicates that the grocery chain is likely close to being added soon....
While Alibaba hasn’t launched its “smile to pay” mobile payments service — which effectively turns a selfie into a payment authentication tool — the startup behind the facial recognition technology that would power that service has raised $25 million. Get the Full Story Complete the form...
For PayPal, everything old is new again. And soon tradable on the stock market under its old symbol. 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...
Alibaba is on the fast track to expand its footprint, and a strategic investment announced yesterday (May 14) showed — logistically speaking — just how the eCommerce company plans to do so. Get the Full Story Complete the form to unlock this article and enjoy...
Apple Pay has made another retail relationship. 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...
American Express announced that Card Members enrolled in the Membership Rewards program will soon be able to use Membership Rewards points for dine-in purchases at participating Chili’s Grill & Bar restaurants nationwide. The rollout will begin with company-owned restaurants on May 18, with the remaining...
Axis, India’s third largest private bank, recently released a mobile payments service called Ping Pay that lets customers send money using social media, including Facebook, Twitter, WhatsApp, and more “old school” outlets including phone numbers and emails. Get the Full Story Complete the form to unlock this...
Every major retailer wants to break into China’s growing commerce market, and yesterday (May 13) Walmart took a big step toward helping the retailer secure more of the country’s mobile payments share. Get the Full Story Complete the form to unlock this article and enjoy...