After eBay splits from PayPal, Ebay CEO John Donahoe now plans to quit eBay’s board but remain on PayPal’s board, Recode reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The world’s most popular web-based Bitcoin wallet service, Blockchain.info, suffered a security lapse during a software update that affected hundreds of users, the service said in a blog post on Monday (Dec. 8). Get the Full Story Complete the form to unlock this article and...
Swedish bank ICA will issue MasterCard contactless payment cards to more than 500,000 customers in the first contactless rollout in Sweden, the bank announced on Tuesday (Dec. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
After in-depth discussions regarding the need to speed the ACH process and alternative approaches, NACHA has issued an official Request for Comment for Same Day ACH. Released Tuesday (Dec. 9), the RFC outlines a proposal that would allow ACH payments to be cleared and settled...
Kevin Burke, Visa’s Chief Marketing Officer for its core products, has jumped to Square where he will “head up acquisition channels,” according to a statement Square issued on Tuesday (Dec. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Dynamics, a 200-employee card technology company based near Pittsburgh, has captured a $70 million investment from a group that includes MasterCard, according to a report in the Pittsburgh Tribune-Review. What makes Dynamics interesting, company execs said, are the security enhancements they are creating for payment...
The Electronic Payments Association on Thursday (Dec. 9) formally sought feedback on Same Day ACH. The NACHA plan, though, wouldn’t kick in for almost two years, as it would materialize in three phases starting in September 2016. Get the Full Story Complete the form to...
Don’t like the price on something on Amazon.com? No problem. Just offer Amazon a lower price and see if they go for it. This program, set to be announced Tuesday (Dec. 9) and called “Make An Offer,” limited to “one-of-a-kind” items such as collectibles and...
Maybe the rewards program offered by American Express’s Blue Cash credit card has turned out to be a bit too popular with consumers. It appears the credit card company has taken some new steps to prevent “perk abuse.” Get the Full Story Complete the form...
