News

B2B Payments
Business Email Scammers Finding Success With UK Firms
October 03, 2017

The U.S. isn’t the only place where business email scams are threatening the enterprise. New research from RSM, which provides consulting services to middle-market firms, finds that U.K. companies are losing millions of dollars, thanks to what the U.K. market calls “mandate fraud.” Get the...

Retail
Retailers Flirt With Junk Ratings While Mall Vacancies Rise
October 03, 2017

The junkyard is getting a little bit crowded with retailers. 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...

Security & Fraud
Equifax Apology Tour: 2.5M More People Affected By Breach
October 03, 2017

Ahead of Equifax’s former Chief Executive Richard Smith’s testimony to Congress, the embattled credit scoring company said an additional 2.5 million customers may have been impacted by its massive data breach. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Bitcoin
Goldman Sachs Eyes Bitcoin Trading
October 03, 2017

Cryptocurrencies may have naysayers on Wall Street, but Goldman Sachs isn’t one of them, according to news from The Wall Street Journal. 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
Wells Fargo Rehires Workers Fired In Fake Account Scandal
October 03, 2017

Wells Fargo, the embattled bank still reeling in the wake of a fake account scandal, has reportedly brought back more than 1,000 former employees, Reuters reported Monday (Oct. 2). Citing prepared congressional testimony by Wells Fargo, chief executive Tim Sloan said more than 1,780 employees who were let...

Ridesharing
Uber’s UK Head Departs
October 03, 2017

In Uber news, the ride-hailing service’s U.K. head has stepped down just as the company is gearing up to meet with London’s transport regulator and have its license in the city renewed. Get the Full Story Complete the form to unlock this article and enjoy...

Mobile Commerce
First Data And CareCloud Launch Breeze To Help Patients Everywhere
October 03, 2017

CareCloud and First Data are working jointly to make the experience of medical professionals and medical patients that much smoother and more engaging with the release of a new platform called Breeze. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

News
American Express Wins Dismissal In Costco Court Case
October 03, 2017

American Express has won the dismissal of a lawsuit against them stemming from the 2015 loss of their co-branding relationship with Costsco.  The firm has been accused of defrauding shareholders about the coming end of the relationship. Get the Full Story Complete the form to...

Payment Methods
For Faster Payments, Is The Business Model Key?
October 03, 2017

The movement toward faster payments benefits firms of all types and sizes, traditional and digital. Tammi Shapiro, Fiserv VP of Product Strategy and Management, tells PYMNTS that flexibility across a number of business models is key , especially as same-day ACH payments and other speedier...