In 2012, the cost of retail crime in the UK amounted to £1.6 billion, an increase in 15.6 compared to the previous year. The £1.6 billion figure covers retail crime of all types and includes the value of goods stolen and damage done plus the...
Turkish financial institution Isbank has upped its game. In the same week it has announced the launch of two innovative mobile banking products : cardless withdrawals via a mobile phone, and QR code payments at the point of sale. Get the Full Story Complete the...
Three men in Springfield, Massachusetts were thwarted in their attempt to rob a Chinese restaurant when they could not figure out how to open the cash register, according to police. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Mobile bill payment app Pageonce has announced that it now averages $1 million per day in mobile bill payments processed, according to TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Consumer Financial Protection Bureau has agreed to temporarily delay the implementation of its international remittance transfer rule. 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...
Gilt Executive Vice President Jason Goldberger is leaving the company to take a senior position with Target’s eCommerce division, reports AllThingsD. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
PayNearMe has launched a new service allowing businesses to accept cash for online payments. The service, titled PayNearMe Express, is aimed at businesses such as rental, lending, collections, education and insurance, according to The Paypers. Get the Full Story Complete the form to unlock this...
Ribbit Capital, a new Silicon Valley fund created to invest in payments companies, has announced it has a $100 million fund, according to All Things D. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
You probably know that a U.S. shift to EMV payments is coming. You’re likely familiar with EMV’s predominance outside the U.S. You may even know the biggest deadlines, such noticeably April 2013 and October 2015. Get the Full Story Complete the form to unlock this...