Andrew Mason’s reign as chief executive officer of Groupon could be about to come to an end. 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...
January 2013 will see the Swedish bank separate its digital banking services from its main business. This step is a natural consequence of changed customer behavior and needs, as fewer customers use branch offices and instead want complete banking services available over digital channels. Get...
Nearly 80 percent of all U.S. currency comes in $100 bill denominations. 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...
Design consultancy Fjord has unveiled its work for Turkish bank Garanti. Fjord has designed a new mobile banking service for the bank to be used on iPhones, iPads and Android devices. The mobile solution is part of the bank’s goal for a Turkish cashless society...
After a two-year trial, cashless car parking will be introduced across Nothern Ireland. The parking solution allows users to pay through their credit or debit card and extend their stay over the phone. Get the Full Story Complete the form to unlock this article and...
The European Commission has agreed Spain’s plans to restructure four of its crippled banks. The go-ahead from the EU will allow the Spanish government to draw 37bn euros from a Eurozone bailout fund. The four banks affected are: Bankia, Banco de Valencia, NCG and Catalunya...
MasterCard has teamed with South Africa’s Absa to launch a contactless debit and credit card with a built-in LCD display and a touch-sensitive button for enhanced control and security. The MasterCard Display card technology ensures the card looks and functions almost exactly like a regular...
RBS has been confirmed as the first financial institution in the UK to launch Visa’s V.me digital wallet. The wallet will be available for RBS and Natwest customers and is currently undergoing a trial before it goes live in the spring of 2013. Get the...
ABI Research has revealed that in In 3Q-2012, the 54 countries and 1.08 billion people in the African continent have accumulated 821 million subscriptions, up 16.9% year-on-year, resulting in a mobile subscription penetration of 76.4%. The first quarter of 2013 is predicted to see an...