MasterCard has recently partnered with T-Mobile and Orange in Poland to launch contactless mobile payments in the country. T-Mobile and MasterCard announced they will offer customers mobile payments based on NFC technology from 29 October 2012 in Poland. The offer will be launched with four...
£3.5bn of Christmas retail sales will be purchased on or influenced by smartphones, according to business advisory firm Deloitte. The influence of smartphones far outweighs the value of direct sales made through them, with consumers using their device to research prices, store Christmas shopping lists,...
A British public body has created a competition to foster innovation in the field of mobile commerce and payments security. The Technology Strategy Board is a business-led executive non-departmental public body, established by the Government. Its role is to promote and support research into, and...
As TSYS’ new Director of Innovation, Chris Colson must answer some difficult questions: how can payments be innovated to the benefit of not just TSYS, but to consumers and society as a whole as well? How can TSYS’ mantra of “people-centered payments” impact the industry...
Financial inclusivity is an enormously important issue both in the U.S. and abroad, with the World Bank estimating that a stunning 2.5 billion adults lack access to traditional financial services. At MasterCard’s Cashless Conversation on November 13, leaders from the financial, non-profit and academic worlds...
Another Black Friday is in the books and IBM has the latest online retail performance data. The data shows that 2012 marked a banner year on a number of fronts with mobile traffic growing by more than 67% and Thanksgiving turning out to be a...
PayPal has claimed that the attacked levied against it by Anonymous have cost the company more than $5 million in damages, according to Finextra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
A Chase branch in Chicago has launched a new generation of ATMS, called “self-service banking kiosks,” that allows users to withdraw exact change in the denominations they choose. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A new report by The Copenhagen Institute for Future Studies and Ericsson ConsumerLab reveals that consumers want the ability to look at products in-store, but then compare prices and ultimately make their purchases online. Get the Full Story Complete the form to unlock this article...