European General Court Rules Against MasterCard On Interchange
May 25, 2012

The European General Court decided against MasterCard on part of its interchange fee policy yesterday, confirming a ruling against the company from 2007. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Groupon Seeks To Build Its Own Swipe Reader, Report Says
May 25, 2012

Groupon may be preparing to build and ship its own mobile payment swipe reader, in an effort to compete with companies like Square and PayPal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Smartpay Launches Cashless Financial System in Zimbabwe
May 24, 2012

Smartpayment Solutions is increasing the financial power of its payment cards, enabling a variety of new cashless services in Zimbabwe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Google Adds Subscription Billing Service to App Store
May 24, 2012

Google has tacked on the option to sign up for a subscription to its current suite of app store payments options, TechCrunch says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Bank of America Claims 10 Million Mobile Banking Customers
May 24, 2012

Bank of America serves 10 million customers with mobile banking technology, according to Finextra. That number is up by three million users over the past year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Best Buy CEO: Online Sales Growth “Far Outstripping” Brick-and-Mortar
May 24, 2012

Mike Mikan, interim CEO at Best Buy, says that the year-over-year growth of online sales is “far outstripping traditional retail sales,” according to Internet Retailer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CFPB Proposes New Rule For Regulating Risky Nonbanks
May 24, 2012

The Consumer Financial Protection Bureau published its proposal for a new rule that would guide its regulation of nonbank entities “that may have engaged in activities that pose risks to consumers.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Bank of America, JPMorgan, Wells Fargo Launch New P2P Service
May 24, 2012

Bank of America, JPMorgan, and Wells Fargo have initiated the national launch of clearXchange, a platform that facilitates mobile and online P2P money transfers using just an email address or phone number. Get the Full Story Complete the form to unlock this article and enjoy...

MasterCard, Telefonica Expand Wanda Mobile Money to Argentina
May 24, 2012

The mobile money partnership between Telefonica and MasterCard, called Wanda, has been expanded to include consumers in Argentina. 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...