News

Merchant Innovation
John Lewis Partnership Adds to Growing Ranks Of Corporate Google Apps Users
April 03, 2014

The John Lewis Partnership, the operator of John Lewis department stores and Waitrose supermarkets, is the latest corporate deployer of Google Apps. “We rolled out Google Apps for the Retail Support platform to 30,000 employees in just six weeks, enabling them to access and manage...

News
Visa Debit EMV Will Run Over NYCE Network
April 03, 2014

EMV adoption has taken another giant step toward advancement with the announcement that a licensing agreement to make the Visa EMV debit available to all NYCE network participants. “NYCE’s participation in Visa’s common debit solution marks an important milestone in the industry’s efforts to adopt...

Mobile Commerce
PayPal Partners With Placed To Develop Targeted Brick-And-Mortar Strategy
April 03, 2014

PayPal has partnered up with mobile location firm Placed so that they can trace real-world consumer visits to every place customers are spending money. In an attempt to understanding customer preferences and habits better, the program has signed up 125,00 volunteers who, in return for...

Europe
Weve To Launch mPay Service
April 03, 2014

British mCommerce company Weve will officially be stepping in to the mPay ring over the next year. According to statements made by company CEO David Sear, the new service will allow consumers to pay for good and services by tapping their phones. He further noted...

News
Wells Fargo To Issue And Service Cards For Dillards
April 03, 2014

Wells Fargo continued in its recent credit card push earlier this week, by inking a deal with Dillard’s to issue and service credit cards for the department store retailer. Wells Fargo will take over for GE consumer finance unit sometime during Q4 2014.  The financial...

Europe
LinkedIn Co-Founder Searching For Break-Out European Start-Up
April 03, 2014

LinkedIn Co-Founder Konstantin Guericke knows something about finding talent, since he co-founded the Internets most well known place to look for it – LinkedIn.  The German-born Silcon Valley giant is now returning to the continent of his birth to embark on a different, and much...

Europe
$2.44 Billion Valuation For Just East IPO
April 03, 2014

Just East, which operates mobile app and websites to allow users to order food from local restaurants online, priced its initial public offering at 260 pence a share, giving it a market capitalization of $2.44 billion (£1.47 billion). The offer is expected to raise gross...

Alternative Finances
What MasterCard Sees in Mobile
April 03, 2014

Chief Emerging Products Officer for MasterCard, Ed McLaughlin, and Market Platform Dynamics CEO Karen Webster sat down recently to discuss the “state of mobile commerce” and the forces that are driving both change and innovation as part of The PYMNTS.com Mobile Commerce Insider Series digital...

Alternative Finances
Why NetSpend is Winning at Prepaid
April 03, 2014

About a year has passed since TSYS first announced plans to acquire NetSpend. Now in TSYS’s ownership, the prepaid card provider’s main challenge has remained steady: re-educating consumers so they understand there are electronic-payment alternatives to traditional banking. In a recent podcast interview with Karen...