1 September 2016
Category:
Industry News
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Headline News from PaymentsNews.com – August 31, 2016

News: Walmart pay exceeding expectations – The Wise Marketer blog – “More evidence that retailers are winning the battle for mobile payments loyalty through homegrown platforms: in his kickoff address at last week’s CONNECT Mobile Innovation Summit in Chicago, Walmart Services SVP Daniel Eckert revealed that Walmart Pay, the retailer’s proprietary mobile payment app, already […]


14 June 2016
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Industry News
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Headline News from PaymentsNews.com – June 14, 2016

Merchant Acceptance in the Developing World – Mobile Payments’ Essential Missing Link – PaymentsViews.com (Allen Weinberg) – “While there has been a lot written on how mobile or eMoney payments systems such as M-PESA in Kenya have grown in many developing countries—and how they have brought much-needed electronic payments to the poor and underserved—there’s a […]


13 June 2016
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Industry News
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Headline News from PaymentsNews.com – June 13, 2016

Apple takes on PayPal with Apple Pay on the web – TechCrunch – “When you are ready to check out online, Apple’s Continuity feature will pull up a prompt on your phone or watch to quickly authentically and complete your purchase.” Bitcoin Hits Two-Year High Ahead of Key Event – Wall St. Journal – “Any […]


10 June 2016
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Industry News
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Headline News from PaymentsNews.com – June 10, 2016

Will an iPhone App Make Your Bank Extinct? – Wall St. Journal – “Through the credit-card industry and the broader lending industry, banks kept customers on the brink of peak financial indebtedness with deliberately complex contracts and concepts like minimum payment, which is essentially a trap.” Starbucks has more customer money on cards than many […]


9 June 2016
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Industry News
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Headline News from PaymentsNews.com – June 9, 2016

The Last Stand of Ken Chenault – Fortune – “The most important endorsement of Chenault has come from someone who is not on the American Express board but happens to be the company’s largest shareholder: Berkshire Hathaway CEO Warren Buffett.” Facebook is testing social commerce payments in Southeast Asia – TechCrunch – “Facebook is expanding […]


8 June 2016
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Industry News
Comments: Comments Off on Headline News from PaymentsNews.com – June 8, 2016

Headline News from PaymentsNews.com – June 8, 2016

Stripe en France – “Today, we’re happy to remove the beta label and to make Stripe available to tout le monde in France.” Amazon Plans $3 Billion Investment in India – Wall St. Journal – “The announcement brings Amazon’s total planned investment in India to $5 billion, since it announced a $2 billion infusion in […]


7 June 2016
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Industry News
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Headline News from PaymentsNews.com – June 7, 2016

Wells Fargo Hopes New Pact Will Break Logjam With Finance Sites – Wall St. Journal – “As part of the bank’s new strategy, Wells Fargo small-business customers will no longer need to share their bank passwords when logging into Xero’s website.” Chips in new credit cards create problems at checkout – Boston Globe – “Rather […]


6 June 2016
Category:
Industry News
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Headline News from PaymentsNews.com – June 6, 2016

How PayPal Plans to Get Back on Top in Digital Payments – Fortune – “PayPal’s biggest challenge right now is shaking off its past.” Why Central Banks Will Issue Digital Currency – Medium (Adam Ludwin/CEO of Chain) – “If a central bank can now issue digital currency, why stop at issuing this currency to banks? […]


3 June 2016
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Industry News
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Headline News from PaymentsNews.com – June 3, 2016

Crooks Are Using an International Messaging System to Rob Banks – Bloomberg – “All of the attacks were committed by cybercriminals, and at least some made use of a messaging system run by the Society for Worldwide Interbank Financial Telecommunication, better known as Swift.” European Commission approves Visa Inc’s acquisition of Visa Europe – Reuters […]


3 June 2016
Category:
Industry News
Comments: Comments Off on Headline News from PaymentsNews.com – May 31, 2016

Headline News from PaymentsNews.com – May 31, 2016

PayPal to halt operations in Turkey after losing license, impacts ‘hundreds of thousands’ – TechCrunch – “Asked why the license was denied, the spokesperson said that it was a result of new rules that require IT systems to be localized in the country. PayPal distributes its IT across several global hubs.” How mobile technology is […]

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