UBS On Apple Pay: Drinking The Merchant Kool-Aid
The “additional value” of mobile payments is to consumers, who can get electronic receipts, and real-time insight into spending habits and account balances. Both retailers and banks are in a position to provide that kind of value. That's what a “mobile …
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Payments Business Will Bypass Banks, Says Adyen Boss
In essence, Adyen takes over the role banks play in handling payments for merchants. It offers tools and services to accept and process payments and transfers the funds from the consumer's account to the merchant's accounts at Adyen. The company, which …
Read more on Wall Street Journal (blog)

Tampa man who cheated Apple gets prison time, ordered to give back money
Parrish had at least three Chase debit cards and one SunTrust debit card — all associated with closed accounts — that he used to buy expensive electronics, to rent cars and to stay at hotels. When the canceled debit cards were declined by a merchant, …
Read more on Tampa Bay Business Journal