News

International
Japanese Business Lost $2 M In April 2014 Hack Attacks
June 02, 2014

Japanese Business Lost $2 M In April 2014 Hack Attacks 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 newsletter, PYMNTS Today. By completing this...

News
Nearly Half Of All Americans “Hacked” In The Last Year
June 02, 2014

About 110 million Americans were hacked in the last year, almost half of all U.S. adults, according to reports from Digital Trends. Information lost to hackers includes names, telephone numbers, social security numbers, credit card information and the answers to security questions.   According to Digital...

Alternative Finances
FCA Has Big Plans For UK Financial Services Industry
June 02, 2014

Last week, Bloomberg hosted a conference where the Financial Conduct Authority (FCA) discussed its plans for bringing innovations to the UK financial services industry. One such innovation is a new program called Project Innovate, which will help guarantee that certain areas – like mobile banking...

B2B Payments
How Fluor Created A Smooth Cash Management Experience
June 02, 2014

The global engineering and construction company Fluor Corporation recently wrote a blog post about the success its found in Europe in terms of optimizing cash management. According to Fluor Finance Director Martin Blom, through his organization’s financial partnership with the ING Group, they have transformed...

Hmmm
Back To School: Lawmakers Again Targeting ‘Abusive’ Campus Banking Practices
June 02, 2014

It’s been half a decade since Congress stepped in to thwart banks’ efforts to promote high-cost credit cards and loans on college campuses. Lawmakers are back at it again, this time targeting conflicts of interest and kickbacks between financial institutions and schools related to debit...

Mobile Commerce
Alibaba Helping Merchants With Online Video Ads
June 02, 2014

Alibaba Group has begun placing Taobao Marketplace and Tmall.com merchants’ display marketing on the country’s top online video websites through the company’s Alimama online marketing platform, the Chinese e-commerce giant announced May 29. Get the Full Story Complete the form to unlock this article and...

International
US Places 5th in RMB payments
June 01, 2014

According to SWIFT info, US became the fifth place in the world for RMB payments after mainland China, Hong-Kong, Singapore and UK. US flows from and to China and Hong-Kong represented 2.4% of the total and had 327% y-o-y growth in April. The RMB continues...

Hmmm
PYMNTS Talks Back: About Bitcoin, Paper Coupons, Remote Check Deposit and Cash Flow
May 31, 2014

Wowsa. Talk about awakening the slumbering bear! This week economist and MPD Founder David Evans wins the prize for heating up the PYMNTS.com community with his article about Overstock not taking bitcoins, Overstock’s response and then Evans' response to the response! But there’s more! Readers...

Merchant Innovation
BluePay Working With Recovery Group On Settlement Collection
May 30, 2014

Merchants processing through BluePay that don’t want to deal with trying to collect on their own their portion of the $7 billion interchange class-action settlement Visa and MasterCard struck with merchants in 2012 now have an alternative. Get the Full Story Complete the form to...