News

eCommerce
For eCommerce, The Magic Button (Almost) In Sight
July 31, 2018

For eCommerce, the Magic Button (Almost) In Sight 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 form, you...

TRENDING: Real-Time Payments Networks — For Real In Retail?
July 31, 2018

Across the U.S., financial players are still exploring the best practices to offer faster payments to corporate clients. A recent survey of 20 of the nation’s top-60 banks found that there’s a lack of consensus among banks when it comes to managing and charging businesses...

Regulation
Senator Mark Warner Drops New Policy Proposals For Regulating Tech
July 30, 2018

The team at Facebook is not having a great week, as it seems all of its recent data scandal chickens have come home to roost. Last Wednesday, its market cap took a $120 billion beating in the aftermath of earnings that fell short of revenue and earnings targets. Analysts say this is the...

News
Five At Five: Facebook Hit By GDPR On Monthly Users
July 30, 2018

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes Facebook getting hit by the General Data Protection Regulation (GDPR), First Data beats Street, Kroger unit says goodbye for now to Visa, T-Mobile enters a big...

Security & Fraud
India Mulls Requesting eCommerce, Social Media Players To Store Customer Data Locally
July 30, 2018

India is mulling the idea of requesting eCommerce and social media companies to only store customer data locally, which could impact the likes of Amazon and Facebook and its WhatsApp messaging service in the country. Get the Full Story Complete the form to unlock this...

Blockchain / Distributed Ledger
CLS, IBM Roll Out Proof Of Concept For LedgerConnect
July 30, 2018

IBM and CLS, a market infrastructure group delivering settlement, processing and data solutions, announced on Monday (July 30) a collaboration on a proof of concept (PoC) for LedgerConnect, a distributed ledger technology (DLT) platform for the financial services industry. Get the Full Story Complete the...

Banking
Lloyds Accused Of ‘Victim Blaming’ In SMB Fraud Compensation Program
July 30, 2018

U.K. financial institution Lloyds was criticized by lawmakers Monday (July 30) over its program to compensate small business victims of fraud related to the bank’s HBOS unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Toshiba Global Commerce Solutions Sees 46 Percent Market Share Growth
July 30, 2018

Toshiba Global Commerce Solutions, the global retail electronic point of sale (EPOS) technology company, announced on Monday (July 30) that it has grown its worldwide self-checkout (SCO) market share by 46 percent, according to research and consulting company RBR. Get the Full Story Complete the form...

Security & Fraud
Phishing Scam Masquerades As Square To Target Businesses
July 30, 2018

A phishing scam making the rounds and targeting businesses is using the Square name to fool its targets. 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...