A fast-spreading mobile banking Trojan malware has crippled over 100,000 mobile banking users in South Korea, according to reports. 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...
While there are many mistakes a company can make in naming a product, some branding disasters are just sheer bad luck. Such is the problem the ISIS mobile wallet faces today as it now shares a name with a Islamist insurgent group currently leading a...
With businesses large and small rushing to jump onto the Beacon bandwagon, it can be hard to keep track of who, where, why and how's of the Beacon revolution. Luckily PYMNTS is keeping track of all of that for you. Check out the latest updates...
Moven wants to make it easier for users to manage their spending with their smartphones by offering app-based money management tools. Investors are taking notice, the company just closed a Series A funding round led by SBT Venture Capital that leaves the startup $8M richer....
Japan-based payments network JCB is to begin testing a contactless payments service in Tokyo this month, ahead of a commercial rollout in 2015. The EMV-standard technology will be available in plastic cards, mobiles and wearable devices. Get the Full Story Complete the form to unlock this article...
Russian Standard Bank, Mobile TeleSystems and MasterCard international payment system have presented NFC SIM cards, which allow making one-touch payments for purchases and services using Mobile MasterCard PayPass® technology in 700k locations in 51 countries. The use of Russian Standard Bank NFC MasterCard card requires...
A recent innovation launched by Telecom Italia will likely help cut down on the underground cash economy. According to Finextra, Telecom Italia will distribute mPOS chip card readers from payleven to small business customers. Get the Full Story Complete the form to unlock this article...
Proving that there is more than one tech giant on the Chinese stage, Tencent Holdings Ltd., has announced that it will purchase roughly 20 percent of 58.com Inc., for approximately $736 million. 58.com is China’s answer to Craigslist. Get the Full Story Complete the form to...
A product of German Incubator—Rocket Internet— mobile food delivery app Foodpanda has often been accused of being behind the times in comparison to its competitors GrubHub or JustEat insofar as there was no mobile payment option available through the service. Foodpanda could help one pay...
