After spending years seeing its signature debit products summarily trounced by rivals Visa and MasterCard, Discover is raising the level of its game by dropping its prices. Specifically, Discover has struck a deal with the American Bankers Association that will provide the trade group’s approximately...
How Innovative Is Payments? No one really knows how to consistently define or measure innovation. Hear me out. Tuesday (Sept. 9) is finally the day that Apple, a company that has topped just about every chart imaginable that measures innovation over the last three decades...
Store Financial announced that it has teamed up with Home Safe Card to launch a prepaid card that encourages a safe ride home for students, families, and business travelers, according to a company release. The University of Tampa is piloting the program, with Store Financial...
PYMNTS.com Bitcoin Price and Volatility index. Follow 303 Cryptocurrencies here: http://coinmarketcap.com/ . Bitcoin Tracker | Week 39 School’s back in session and bitcoin is on the syllabus for students at MIT, NYU Law and Switzerland’s University of Zurich. Students can even pay for notebooks and...
Canada’s government is pushing Visa, MasterCard and banks to accept lower interchange fees paid by Canadian retailers, which the government claims are currently among the highest in the world, Bloomberg reported on Thursday (Sept. 4). Officials from Visa and MasterCard have held talks with government...
Apple plans to include the ability to do contactless payments in its rumored iWatch, the Wall Street Journal reported on Thursday (Sept. 4), citing unnamed sources. The smartwatch, like the new model of the iPhone that is expected to be announced next Tuesday (Sept. 9),...
PYMNTS Innovation Investment Tracker Here we are two months into Q3 and there are some interesting trends to observe in the FinTech investments space. Banking and security rule So do investments in retail payments Summer was defined by some pretty big acquisitions on both the...
PayPal is extending the software behind its PayPal Here payment-card-reading device so that the system will also work with brick-and-mortar stores’ existing countertop payment-card readers, TechCrunch reported on Thursday (Sept. 4). The extension takes the form of a software development kit (SDK) and it is being...