In the wake of the payments-related data breach at the Supervalu grocery chain, the company has been hit with a class-action lawsuit, Bank Info Security reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The number of jobs on banks’ anti-money laundering teams is up 54 percent in 2014 year-to-year in the U.K. following a string a scandal and heavy fines for British Banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Intrepid travelers longing for the days when they can hop a flight Uber-style—powered only by their cell phone and a spontaneous nature—likely have some more yearning time ahead of them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
There’s no question that virtual currencies such as Bitcoin have traditional payments regulators upset, given the relative transaction anonymity they bring to the table. Moreover, they continue to be a risky venture for consumers, the Consumer Financial Protection Bureau noted earlier this week, the first...
In what will likely go down as one of the more appropriately metal moves of a ridesharing service, the ridesharing service Uber has roundly declare “Nein!” to Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
EBay has been in talks to accept Bitcoin through its Braintree unit, according to a report Thursday (Aug. 14) in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Worried about new age cab competitor Uber, a group of taxi firms in India are trying a creative legal attack on Uber and it all revolves around payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The PCI Council, which rules payment-card security, just issued new guidelines for how to outsource payments-related work to third parties. The message: You can't just hand off security and forget about it.
Publicly, all retailers have—historically—said that data breach disclosures need to happen quickly and publicly. Privately, though, IT and security specialists have long questioned the point of such disclosures, especially the early ones. The initial reports are almost always wrong, shoppers can't do anything useful with...
