News

News
How One Global Payments Network Addresses the Complexity of Cross-Border Payments
October 22, 2014

Cross-border is one of the fastest growing segments in payments, and like many other areas of the industry, it’s changed with the coming of new technology and new capabilities. Global financial services companies have seen international trade start off with 12 key countries to now...

News
Investors Avoid Answering Where Wonga Went Wrong
October 22, 2014

For the second time, Accel Partners and Balderton Capital have stayed silent about what went wrong with the the payday loans company Wonga, according to an article by techcrunch.com on Monday (Oct. 20). This time, however, the cone of silence was made publicly on stage among a panel of...

Mobile Commerce
Uber A Burger? The New Ways To Monetize Food.
October 22, 2014

It is unsurprising in a concrete jungle par excellence like Manhattan there are people who have simply become so rich, so powerful and Mastered the Universe so totally, that quite frankly they have forgotten how to operate a grill.  Luckily Greenwich Village offered a link...

Investment Tracker, October 22
October 22, 2014

Click here to see this week’s graph 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 our daily newsletter, PYMNTS Today. By completing this form, you agree...

Discover CEO “Expects” To Join Apple Pay
October 22, 2014

Discover CEO David Nelms declared late Tuesday (Oct. 21) that his brand–the largest of the card brands to not join Apple Pay–will indeed soon be an Apple Pay partner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
After Huge Payment Glitch, Govt Cracks Down On Bank Of England
October 22, 2014

British banking authorities are pressuring the Bank of England to offer far more details about its ten-hour breakdown on Monday (Oct. 20) of the UK’s high value payments system, CHAPS, Finextra is reporting. Get the Full Story Complete the form to unlock this article and...

News
Chase Aftermath Boosts Bank Defenses
October 22, 2014

As the industry tries and reacts to the massive cyber attack inflicted on JPMorgan Chase, federal and state authorities are pushing banks and brokerage firms to close some gaping holes in their defenses, the New York Times is reporting. Get the Full Story Complete the...

In Depth
Omnichannel: Buzzword Or What’s Next In Retail
October 22, 2014

The problem about talking about “what’s next” in payment and retail is the moment that “next” begins can be a little subjective. Omnichannel is a prime example of the problem—for years now it has been primed and promoted as the next big thing, the way to...

Apple Pay
Apple’s Compliance Cakewalk
October 22, 2014

Apple Pay’s decision to use tokens has some fringe benefits beyond allowing retailers to get money without storing payment credentials. Like many token efforts, because Apple Pay is not storing the payment credentials, the Wall Street Journal points out, it can avoid a lot of...