Los Angeles-based TopFloor, which operates through a video-driven eCommerce platform, has made its public launch, reports Tech Crunch. 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 to...
Andrea Enria, head of the European Banking Authority (EBA), has raised concerns regarding the banking union proposed by the European Commission, which would see the European Central Bank supervising banks in the euro zone. Enria echoed the views of European banks not on the euro...
Spanish bank Santander has broken off its deal to buy 316 branches from the Royal Bank of Scotland. The bank is blaming the collapse of the deal on IT integration issues. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Orange Poland will be offering its customers a mobile contactless payment solution in November 2012. The service, offered in partnership with mBank and MasterCard Europe will be the first in Poland. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
VeriFone Systems announced an international expansion of the SAIL mobile payments platform with an agreement with Israel’s largest card issuer and acquirer, Isracard Ltd., to distribute SAIL encrypted card readers for iOS and Android devices and to bring smartphone based mobile payments to merchants in...
A recent report commissioned by MasterCard reveals that European consumers fear they will be the ones paying for the cost of reducing interchange fees. The study was conducted by Hall and Partners and surveyed 21,000 people in 21 European countries. Of those surveyed, 44% believe...
A research report sponsored by NetSuite Inc., the industry’s leading provider of cloud-based financials/ERP software, revealed that the UK high street is expecting £11 billion in growth from m-commerce in the year ahead. The report is based on economic models provided by the Centre for...
A study by the Istituto per gli Studi sulla Pubblica Opinione (ISPO) has revealed that Italians are big users of electronic money and are now ready for mobile payments. The study surveyed the national adult population and uncovered that 62% use payment cards – with...
The electronic payment system is a technical marvel. Whether you swipe, stick, type a pin, or sign it takes seconds for interconnected computer systems to verify that it’s you, make sure you are good for the money, credit the seller, and debit you. With direct...