Small to medium-sized businesses (SMBs) impacted by fraudulent activity within Lloyds-owned HBOS could be in line for larger compensation payouts after an independent review found “shortcomings” in the current compensation program. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The interchange fees associated with commercial card acceptance are the latest target of commercial card optimization company Revolution Payments, which announced a new service designed to further reduce that burden on business-to-business (B2B) suppliers. Get the Full Story Complete the form to unlock this article...
In today’s top news, policymakers at the European Central Bank (ECB) will meet to discuss the pros and cons of launching their own electronic currency. Also, open banking platform Token.io launches its spinoff company, M10 Networks, to develop solutions for digital currency, and Visa and...
Cybersecurity company Kaspersky is reporting there has been an uptick in ransomware attacks this year, with many specifically targeting municipalities and their subset organizations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Bank of America (BoA) is introducing new features for its virtual financial assistant Erica, which has over 10 million users since launching nationwide last year, the company said in a press release on Wednesday (Dec. 11). Get the Full Story Complete the form to unlock...
Uber has launched a new feature aimed at skiers and snowboarders called Uber Ski, according to a report. 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...
Kroger and Walgreens are expanding their partnership to create a new group purchasing organization (GPO) called the Retail Procurement Alliance, which will pool resources to cut costs and advance innovation, the companies said in a press release on Wednesday (Dec. 11). Get the Full Story...
Department stores may well be heading for a less than happy holiday season, according to the experts, and an uncertain New Year. Moody’s Investors Service slashed its forecast for department stores this season — with expectations the sector will log as much as a 20...
New York’s Metropolitan Transportation Authority (MTA) joined Visa and Chase at a press conference on Wednesday (Dec. 11) to announce the expansion of tap to pay at Penn Station. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
