Shares of online auction giant eBay dropped almost 3 percent on the day Apple unveiled its new Apple Pay mobile payment system, USA Today reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Keeping fraud, policy misuse and waste in check when it comes to corporate card programs can be quite the grueling and costly task. In fact, on average, companies attribute 3-5 percent of their annual spend to fraud, waste, and misuse, says Manish Singh, Vice President...
Payments processor TransFirst, which filed for an initial public offering in July, may be an acquisition target instead. Potential buyers include CVC Capital Partners and Total System Services, better known as TSYS, Bloomberg reported. Get the Full Story Complete the form to unlock this article...
One of the logos that wasn’t splashed across the screen during the launch of Apple Pay was PayPal. Bill Ready, CEO of PayPal’s Braintree unit, sat down with MPD CEO Karen Webster to answer some tough questions about whether or not PayPal sees Apple as...
Alibaba will have a record-breaking IPO next week, but it’s Amazon that owns the future of China’s $400 billion online shopping industry, argues Peter Fuhrman, CEO of investment bank China First Capital. Get the Full Story Complete the form to unlock this article and enjoy...
Walmart and Best Buy have both said that they will not initially accept Apple Pay transactions, the Wall Street Journal reported on Wednesday (Sept. 10). Due to contractual obligations with a competing mobile wallet, MCX (which Walmart founded and still dominates), neither retailer may have...
Say what you will about Apple, but when it throws one of its product rollout parties, almost everyone wants to play. With Apple’s first official step into mobile payments Tuesday (Sept. 9) and the unveiling of Apple Pay, few in payments wanted to be excluded....
We all know that for mobile payments to ignite, consumers and merchants have to see the value. But what MPD Managing Director, John Caron saw yesterday didn’t blow him away. If it’s all about payments, then he’s not convinced it’s enough to get anyone to...
With Apple out of the way, the other big “A” story in September 2014 is Alibaba and the massive IPO it is launching within the next few weeks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
