News

Blackhawk Expands Mobile Wallet Services
March 05, 2015

Blackhawk prepaid payments network announced yesterday (March 4) it is expanding its mobile wallet digital services by adding features to allow for mobile gift card exchange, among other perks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

The Global State Of Financial Inclusion
March 05, 2015

“If we were building a financial system from scratch today, we’d do it on a digital platform,” Bill Gates once said in an address on behalf of the Alliance for Financial Inclusion. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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PayPal CEO On How It Wins
March 05, 2015

Yesterday (March 4), PayPal President, Dan Schulman, gave his first public speaking engagement since taking the reins. One thing he made very clear: PayPal is taking full advantage of a system “ripe for disruption.” And, Schulman, said, is well-positioned to not just compete, but win....

Company Spotlight
Marketing Payments In A Mobile Age
March 05, 2015

MasterCard CMO Raj Rajamannar has observed major changes in advertising as the practice has moved from digital into mobile. But what’s even more important than mobile, he says, is mobility. On the eve of speaking before the Mobile Media Summit @ Mobile World Congress, Rajamannar...

Federal Reserve Says Consumer Spending Strong
March 05, 2015

While the Federal Reserve’s latest survey indicates that consumer spending for the year is off to a solid start, the harsh weather conditions in the northeast and the spat on the West Coast ports that slowed down shipments put a dent in the start of...

Mobile
Half Of Smartphones Will Have M-Wallets Before 2016
March 05, 2015

NFC chipmaker NXP Semiconductors said it expects mobile wallets to be in half of new smartphones by the start of 2016 — and China will be the leading market, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy...

California Eyeing Bitcoin Business Licenses
March 05, 2015

California’s legislature is considering a license for Bitcoin exchanges that would require maintaining bank-style reserves against possible losses, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Mobile
UK Banks Face Authentication Security Flaw
March 05, 2015

Several large U.K. banks may be at risk because of a security hole in their two-factor authentication systems, and regulators aren’t acting to deal with the problem, a security research company has revealed. Get the Full Story Complete the form to unlock this article and...

Will CFPB’s Director Be Replaced By A Commission?
March 05, 2015

Organizations representing banks and credit unions have expressed support for a revived effort to replace the director of the Consumer Financial Protection Bureau with a five-member commission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...