In a potentially significant ruling from the Financial Crimes Enforcement Network (FinCEN), Bitcoin platforms are being reclassified as money transmitters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Wireless carriers are likely to see their role in NFC revenue diminish, according to a new report from Juniper Research. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
CurrentC made a lot of headlines this week, but not because they meant to. The PR backlash as a result of the decision on the part of CVS and Rite Aid to disable NFC, and therefore Apple Pay, caused the mainstream media and social media...
Taco Bell and Outback Steakhouse are shifting their businesses to deal with the new smartphone reality. Taco Bell on Tuesday (Oct. 28), for example, rolled out its version of the mobile app to allow customers to order ahead and place a food order for pickup....
Fears are driven by an intersection of a horrible outcome and the perceived probability of it happening to that person. So when Gallup this month surveyed 1,017 U.S. adults in the U.S. and asked what their greatest fears were, having credit card data stolen by...
Apple’s newest iPads come with a universal SIM card that’s designed to let users switch between mobile carriers without physically swapping SIMs. That should prove popular with customers, but it’s not so appealing to U.S. carriers — and in Europe, the virtual SIM is a...
If you’re going to go mobile payments, then really do it. That seems to be the approach of Wells Fargo, which is paying credit card customers $20 to sign up for Apple Pay. Debit and prepaid customers will only get $10 to sign up and...
Facebook CEO Mark Zuckerberg laid out his company’s three, five and 10-year-plans Tuesday (Oct. 28), and none of those plans involved Facebook launching its own payments engine. But that doesn’t rule out Facebook choosing to have a major influence, as Zuckerberg said the massive social operation...
Although it’s widely known that Apple Passbook is an area that very few shoppers have bothered with yet, what is less clear is why and whether Apple Pay’s repeated use of Passbook is going to motivate shoppers to try it directly. A report from Flagship...
