Consider how hard it is today to confirm a buyer or borrower’s identity. Now, imagine tackling the same task in a country with no uniform birth records. That’s the challenge ahead for India’s financial system as it looks to bring more consumers online. In Part...
Omnichannel commerce and big data have opened up a world of possibilities for the payments industry. The bad news is that these same doors have been left ajar for fraudsters, too. The result is many payments industry businesses lack adequate solutions to keep fraud in...
Sweden-based online payments provider Klarna has announced that it has acquired its Germany-based rival Sofort as part of a $150 million deal, Finextra reported on December 18. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
PayPal announced on Tuesday that it has purchased San Francisco-based mobile application developer StackMob as part of of a move that bolsters its mobile and in-store presence, The Wall Street Journal reports. The terms of the deal were not disclosed. Get the Full Story Complete...
TJX, the owner of discount retail chains T.J. Maxx, Marshalls and Home Goods, is benefiting from cost-conscious consumers who are gravitating toward its stores, Bloomberg Businessweek reported on December 16. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Epay, a global prepaid product provider, has made available digital gift codes through PayPal’s new digital gift card store, the company announced in a December 17 press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
On December 17, prepaid payment service provider Blackhawk Network announced a partnership with Coinstar to offer gift cards at select locations in the kiosk operator’s network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
La Caixa, a Spanish bank, has partnered with a number of the country’s telecommunications providers as part of a mobile NFC payments roll-out taking place over the next two months, Finextra reported on December 17. Get the Full Story Complete the form to unlock this...
Like the vast majority of U.S. consumers, Asian-American shoppers split their purchases between value-oriented and premium items, visit a diverse selection of shops and seek out deals – both online and offline – when possible. Get the Full Story Complete the form to unlock this...