Welcome to PYMNTS.com’s 2013 CEO Series: a quick and concise glimpse into the minds of the leaders of the payments industry and how they view innovation, change and growth. We’ll ask each top exec the same six questions about the payments industry to gauge who...
Mrch 7, 2013 We tend to view mobile payments as a trend for developed economies. Debates such as NFC vs. QR code focus on changing user behavior from one payment method to another, and value-add debates center around retail, marketing and spend. But for billions...
Welcome to Day One of PYMNTS.com’s Mobile World Congress 2013 Recap: a comprehensive look at all the most important payments announcements and coolest stories from MWC2013 in Barcelona, Spain. We will be live on-site for all four days of the conference and aim to bring...
What does the concept of the “Global Mind” entail? At The Innovation Project 2013, we’re determined to find out. First coined by former Vice President Al Gore around eight years ago, the Global Mind is the result of technology connecting people and information from all...
It’s obvious that the global payments ecosystem is undergoing rapid innovation. What’s less apparent is what’s causing such change. To discuss some of the key factors that drive the global payments system, Market Platform Dynamics CEO Karen Webster spoke with Matt Friend, managing director at...
United States authorities have charged three men with the creation and distribution of the Gozi computer virus, which compromised millions of computers and caused tens of millions of dollars in damage. The virus infected around 40,000 computers in the U.S. – including some belonging to...
The Royal National Institute of Blind People threatened Visa with legal action for failing to provide on-site ATMs for blind users at the Paralympics. Visa signed a $100 million contract with the Paralympics to install eight ATMs for blind users, reports Finextra. Read the full...
Analytics firm Flurry has released a study claiming smartphones as the fastest-adopted consumer technology ever, reports Fast Company. The study reports that smartphone use is being adopted twice as fast as the Internet boom and twice as fast as PC use grew in the 1980s....
Roughly 60 percent of the $100 billion spent annually on gift cards is loaded onto closed-loop products, according to Dan Kimerling. Kimerling is chief operating officer at Giftly, a two-year-old startup that wants to replace those closed-loop cards by moving gifting to the existing payment...