The rollout of Ventra contactless transit payment cards in the Windy City market wasn’t a smooth one in 2013, but details from the Chicago Transit Authority released Wednesday (Oct. 14) reveal plans that will introduce a new mobile ticket smartphone app into the market. Get the...
PayPal’s third-quarter earnings reported Wednesday (Oct. 15) climbed 20 percent to $1.95 billion, gaining 4.4 million new active registered accounts to end the quarter at 157 million active registered accounts (14 percent growth from last year). PayPal’s mobile payment volume grew 72 percent to $12 billion while its net...
Financial services providers in New York will need a BitLicense — but that won’t include software developers, bitcoin miners, and individual cryptocurrency users, the Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
There’s one way to be certain that POS data can’t get stolen – don’t have data at the POS in the first place. That’s the innovation that Intel launched Wednesday (Oct. 15). Intel Data Protection Technology For Transactions creates an encrypted tunnel thru which cardholder...
American Express on Wednesday (Oct. 16) reported third-quarter net income of $1.5 billion, up 8 percent from $1.4 billion a year ago. The card brand also reported that diluted earnings per share was $1.40, up 12 percent from $1.25 a year ago. Get the Full...
Apple Pay training documents are now again pointing to Monday (Oct. 20) as the date when Apple wants retailers to start offering shoppers Apple Pay, according to a MacRumors story. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
iPhone 6 owners will be able to command Siri to activate Apple Pay. According to Bank Innovation’s Ian Kar by commanding Siri to open a particular card, Apple’s passbook automatically opened, signaling the that Apple’s digital assistant and payments platforms are tied. Get the Full Story...
Mark Twain famously said “rumors of my death have been greatly exaggerated,” and though the statement is actually a slight misquote of a correction Twain once sent to a newspaper for his incorrectly run obituary, it is a sentiment that Square can likely relate to...
As VeriFone looks out over the next decade in payments, it sees a world where terminals are as relevant as they are right now – with one big difference. Vin D’Agostino, VeriFone’s SVP of Global Commerce Enablement, tells MPD CEO Karen Webster that what’s different...
