Square Cash announced a new cash request feature this week that only requires the use of an email. Those who are trying to receive money from someone send an email via the Square Cash app, the company said in a Feb. 13 press release. “Square...
Next week, a startup called Pave will be launching a new group of New York “Rising Stars,” who will be able to take advantage of the company’s unusual investment program designed to help individuals, including recent college graduates, get their careers off the ground. (Jump...
Helping Millennials manage their money more effectively is the central purpose of Level Money, a mobile app created by Jake Fuentes and Frank Yeary. Fuentes spoke with PYMNTS.com earlier this year, and now the company is preparing for The Innovation Project 2014 next month. Fuentes spoke...
MasterCard today took a strong move to push out mobile-wallet technology faster globally, including its own MasterPass digital service, with the announced planned acquisition of long-time partner C-SAM, whose platform supports not just payments but also customer-specific offers, loyalty incentives, banking, bill-pay options and nonfinancial...
Today, the nattering nabobs of bitcoin negativity are smugly pointing to mounting evidence that Bitcoin is just one big bubble on its way to becoming something pretty itsy-bitsy. With prices flopping between $1,100, $500, $900, and then below $100, all in the space of a...
In an era when consumers and businesses are generating unprecedented amounts of information, one company – Wisely – is aiming to leverage that data to help consumers and merchants make more informed spending decisions. Co-founder and CEO Mike Vichich spoke with PYMNTS.com in a podcast interview in...
Consumer sentiment regarding mobile payments has improved “drastically,” as social media conversations have moved to discussions over which options should be used and which are most secure, according to a new MasterCard report. In its second annual global Mobile Payments Study, conducted with PRIME Research,...
Why did consumers willingly dump their feature phones and blackberries for the iPhone yet they still write checks and pay with cash? Charles Duhigg, in “The Power of Habit,” makes the following assertion: Habits are formed in response to different triggers – cues – that...
At the risk of stepping into a hornet’s nest, I’m following up my first commentary on JPMorgan Chase & Co.’s commercial prepaid exit with another related article. This time it is prompted by Fitch’s recent analysis of the general purpose reloadable (GPR) prepaid market and the implications...