“There are a million good ideas out there,” says Marc Gardner, President and CEO of North American Bancard, a mobile commerce platform that powers PayAnywhere. Gardner gave PYMNTS a tutorial on how to turn “a million good ideas” in payments into an innovation homerun –...
During the second quarter, consumer confidence globally climbed a point, to the highest it has been since the first quarter seven years ago. The confidence, however, doesn’t appear to be playing into payments players’ favor, however. Visa, for example, says its numbers don’t show yet...
Starting this month and running through November, the World Bank is launching global consultations on its proposed reforms for the national procurement of goods and services. The potential reforms are for projects funded by the World Bank and, so far, the response has been largely...
Not everything worth investing in happens in Silicon Valley! At least last month, in the B2B space, Atlas Venture in Cambridge, Mass, lead the charge by taking part in three major funding rounds at Button, Captricity and Freshbooks. Their large investment in Freshbooks continues to...
Treasury Department oversight of non-bank money-remittance businesses would be more streamlined by reducing duplication of regulatory reviews with states under a bill now awaiting President Obama’s signature. The bill also could save remittance companies millions by not have to go through duplicative state and federal...
The countdown to EMV continues to run down, as of the publication of this article there will be (August 5) there are less than 500 days until EMV adoption will be required, and it is looking increasingly likely that credit unions will be missing the...
In a statement released Monday (August 4), restaurant chain P.F. Chang CEO Rich Federico confirmed that the data breach reported in early June 2014 affected 33 locations at the chain nationwide. The cyber attack hit the Chinese bistro’s payment card processing systems and cybercriminals were...
Apple has been rumored to be close to supporting NFC for more than four years, with Apple never doing it. That ambivalence is critically important, as the aggressive pilot-happy demographic that loves the iPhone is exactly the audience that NFC needs to woo. As long...
Walmart.com is embracing the three key E-Commerce shuns–customizations, localizations and mobilizations—as it tries to push it’s strongest advantage against Amazon: more than 11,000 physical stores staffed by some 2.2 million associates. Given that it is an advantage that Amazon can’t touch, why not flex those...
