A fast-spreading mobile banking Trojan malware has crippled over 100,000 mobile banking users in South Korea, according to reports. 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...
Startup Lisnr Inc. has found a way for songs to give way to marketers taking that information and sending those customers messages through their smartphones. Essentially, Lisnr uses audio-beacon technology to understand what customers are listening to, and how to use that information in a...
For consumers, the recent data breaches at major retailers are an unsettling reminder that cardholder data may not be as secure as they might like it to be. A survey of 1,000 consumers conducted by TSYS had some surprising findings about who consumers hold responsible...
The Fed says that prepaid card payments are the fastest growing non-cash payment method in the U.S. Ron Hynes, Global Head of Prepaid Solutions for MasterCard tells PYMNTS.com why and, more importantly, what’s next for the future of prepaid.
Value Retail, which operates designer malls through out Europe, says that the time where luxury brands can treat their outlet stores and “dumping grounds” for unwanted products is coming to an end. The outlet operator says that the value-conscious shopper is a serious and motivated...
While there are many mistakes a company can make in naming a product, some branding disasters are just sheer bad luck. Such is the problem the ISIS mobile wallet faces today as it now shares a name with a Islamist insurgent group currently leading a...
SnapUp wants to make mobile shopping easier by allowing users to organize products they want from multiple locations with nothing more complicated than clicking a screen shot. The app takes over from there, recognizing the saved products in an iPhone’s camera roll, moving them into...
In support of its push to tackle the U.S. Market, Optimal Payments Plc has moved to acquire California-based payment processing entity Meritus Payment Solutions (business name of TK Global Partners LP) for $210 million. The deal will be paid out in $150 million cash, and...
Buffalo-based M&T Bank announced earlier this week that it was going to put microchips in its commercial credit cards. According to a recent American Banker article, the microchips will enhance the cards’ security while also improving the purchasing experience for M&T business clients when they...
