News

B2B Payments
Are Canada’s Businesses Really Hoarding Cash?
September 04, 2014

The Bank of Canada claims that Canada’s investment and import-export relationship with the United States has been dwindling over recent years. Previously, the financial institution’s governor, Stephen Poloz, said this was because of Canadian businesses holding onto their cash and refusing to invest in growth...

Breach Round Up
Just About Every Home Depot Store Was Hit With Its Databreach
September 04, 2014

Although the initial reports about the Home Depot databreach indicated the attack was extensive, the latest details suggest the breach seemed to have been chain-wide, hitting virtually every single store in the chain. Get the Full Story Complete the form to unlock this article and...

News
FIS To Acquire Clear2Pay For $493M
September 04, 2014

Brussels-based payments vendor Clear2Pay has agreed to a EUR375 Million buyout offer from FIS, reports Finextra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

The 411 On MCX And Mobile Payments
September 04, 2014

A little more than a year after mobile industry exec Dekkers Davidson took the reins as CEO, The Merchant Customer Exchange (aka MCX) gave us all a little peek into its mobile payments strategy Wednesday (Sept. 3). Get the Full Story Complete the form to...

Controversial
For Preppies, Latest Tech Makes Being A “Fashionista’ So Yesterday
September 04, 2014

It wasn’t long ago that this time year was the chance for preppy students to show off their ability to stay hip by wearing the latest fashions in back-to-school dress. Clothing, however, apparently isn’t as fashionable these days as having the latest tech. Get the...

In Depth
CFPB Slams Promotional Fees
September 04, 2014

The Consumer Financial Protection Bureau (CFPB) warned credit card companies not to mask hidden charges associated with low promotional interest rates, according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

News
Transactis Gets $11 Million Boost
September 04, 2014

Transactis, which pushes its BillerIQ online billing and payment system, has received $11 million in new venture capital from investment firms Safeguard Scientifics Inc. and Star Vest Partners, Internet Retailer reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Hmmm
Apple To Payments To Patents. Can You Follow The Trail?
September 04, 2014

“If only Apple weren’t so secretive, if only we knew what their intentions were toward mobile commerce,” said every payments player everywhere at some point ever. Bad news: the team at PYMNTS cannot read Apple’s mind. Good news: PYMNTS can do the next best thing--read...

Breach Round Up
Processor Malware The Culprit Behind Goodwill Breach
September 04, 2014

Malware at a payment-card processor was responsible for the theft of details on an estimated 868,000 credit and debit cards used at Goodwill Industries thrift stores, the organization said on Wednesday (Sept. 3). Get the Full Story Complete the form to unlock this article and...