News

News
Another PayDay Lender Found Guilty In FTC “Truth In Lending” Crackdown
June 05, 2014

In yet another case of crackdown on payday lenders, the Federal Trade Commission (FTC) has won against AMG services for deceiving consumers by imposing hidden charges and inflated fees on loan amounts. Get the Full Story Complete the form to unlock this article and enjoy...

Controversial
Omnichannel, Meet Omnidirectional
June 05, 2014

It’s no secret that brick-and-mortar merchants are being squeezed by deals offered online, necessitating the need to bolster their own online capabilities. But some online-only merchants, such as California’s Gypsy05, similarly are seeing advantages in the touchy-feely benefits having actual stores can provide. The latest...

Mobile Commerce
Is The Amazon Phone Finally Ready to Drop?
June 05, 2014

For months there has been speculation that Amazon is about to drop their take on the smart phone – a mostly hush, hush new product that will reportedly feature “eye-tracking” and 3D functionality. Get the Full Story Complete the form to unlock this article and...

News
USAT’s Cashless Payment Service Registers 250,000 Connections
June 05, 2014

ePort Connect, a cashless payment and M2M telemetry service by USA Technologies, Inc., crossed over 250,000 connections during its fourth fiscal quarter, which ends June 30, 2014, according to a USAT press release. Get the Full Story Complete the form to unlock this article and...

News
SHAZAM and D3 Banking Join Hands to Create New SaaS Solution
June 05, 2014

SHAZAM Network and D3 Banking are collaborating to create a comprehensive digital banking service for community financial institutions. 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...

Cool
To E-Invoice Or Not To E-Invoice: Europe’s New Question
June 05, 2014

Electronic invoicing continues to make news, especially on an international level. More countries are beginning to implement the digital option in an effort to eliminate paper and create a more streamlined business process. But what exactly are the benefits, and which countries are making the...

B2B Payments
82 Percent Of Payment Fraud in 2014 Stemmed From Checks
June 05, 2014

In an increasingly digital age, payments fraud is not a new issue. However, what the most common types of payment fraud are might come as a surprise to many consumers.

B2B Payments
Eco Building Nets $3.4M To Help Fund Home Depot Lumber Deal
June 05, 2014

After a successful initial pilot during which Eco Building Products provided treated lumber to 10 Home Depot stores, the retailer now plans to expand the deal to include 104 stores. To meet the demand, the vendor obtained $3.4 million in funding to support the increase...

International
Russian Card Exec Freed To Build National Payment System?
June 05, 2014

According to a recent RAPSI article, Pavel Vrublevsky, the co-founder and owner of ChronoPay – one of Russia’s largest e-payment providers – was released on parole this week. Last summer, Vrublevsky was convicted of masterminding a DDoS attack on Aeroflot’s website in 2010 and sentenced...