News

Security & Fraud
Another Cloudless Day: IntraNext Software Saves Call Centers From Migrating
April 04, 2018

Everyone talks about moving to the cloud, and doing so can certainly deliver benefits in a contact center environment. It creates ease of scalability and heightens the security of callers’ personally identifiable information (PII) against external threat actors, such as fraudsters, as well as internal...

Financial Inclusion
Petal CEO: Using Cashflow — Not FICO — To Issue Credit Cards
April 04, 2018

For the 47 percent of Americans with prime credit scores, getting and using a credit card isn’t much of a problem. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Feds Charge Founders Of Mayweather-Endorsed Crypto Firm With Fraud
April 03, 2018

The U.S. Securities and Exchange Commission (SEC) has charged two founders of a cryptocurrency company for an allegedly fraudulent initial coin offering (ICO) that raised more than $32 million. Their firm, Centra Tech Inc., had been promoted by boxer Floyd Mayweather in a tweet, CNBC...

Retail
Alibaba Buys Food Delivery Startup Ele.me For $9.5B
April 03, 2018

Alibaba is in the process of acquiring food-delivery startup Ele.me for $9.5 billion. 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....

Security & Fraud
Weak Websites: How Brands Are Putting Their Customers At Risk
April 03, 2018

The industry and public were still reeling from the data breach that hit Saks Fifth Avenue and Lord & Taylor last week when another major breach stole the spotlight, this time at Panera Bread. Get the Full Story Complete the form to unlock this article...

EMV
KFC Partners With Ingenico Group For Payment Solution
April 03, 2018

To simplify its path to EMV card acceptance, and to reduce PCI compliance scope, Kentucky Fried Chicken (KFC) has migrated its payments system in the U.S. to Ingenico Group’s Telium Semi-Integrated solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payment Methods
How Co-Branded Credit Cards Evolved From The Early 1900s Department Store
April 03, 2018

In the early 1900s, department stores came up with a novel idea to help their customers pay for their purchases: Customers could use metal plates — that looked like dog tags or tokens — at retailers such as Gimbels that tracked their spending. The idea was that...

Retail
Honey Restarts Funding Talks
April 03, 2018

After its funding talks were put on hold earlier this year, Honey’s discussions to raise new funding appeared to have restarted. The company has previously held talks to raise approximately $100 million, Recode reported. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Solving For The Unknowns In Small Business Banking
April 03, 2018

Small business (SMB) banking is in need of an overhaul. Between the threat of FinTechs and small business owners’ increasing willingness to switch banking providers, financial institutions are waking up to the demand for better SMB services. Get the Full Story Complete the form to...