News

Security & Fraud
Cybercrime Getting ‘Bigger, Smarter And More Adept,’ Says Head Of Europol
November 09, 2017

Referring to the rate of its growth and sophistication, Director of Europol Robert Wainwright says cybercrime is becoming a “remorseless” force of nature behind the 4,000 ransomware attacks a day. A force, he noted, that is becoming ever more technologically sophisticated — and thus an ever-larger...

Wearables
Visa’s New Payment-Enabled Wearable Fits Like A Glove
November 09, 2017

Visa, the payments company, announced news on Wednesday (Nov. 8) of the introduction of three commercially available wearable payment devices for the Olympic Winter Games PyeongChang 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Mobile Payments
BNP Paribas To Roll Out WeChat Pay In France
November 09, 2017

BNP Paribas, the European bank, announced news on Wednesday (Nov. 8) that it is introducing WeChat Pay, a popular mobile payment solution in China, to retailers in France and subsequently across Europe. Get the Full Story Complete the form to unlock this article and enjoy...

Delivery
Postmates Enters The Grocery Delivery Biz
November 09, 2017

Postmates, the on-demand delivery service, announced news in a blog post on Wednesday (Nov. 8) that it is launching its first-ever grocery product, Fresh, which delivers curated groceries and retail essentials in minutes. Get the Full Story Complete the form to unlock this article and...

Banking
Are Incumbent Acquirers Relevant In An Era Of SaaS Dominance?
November 09, 2017

Before the Software as a Service (SaaS) model exploded, a small business (SMB) getting off the ground online had two big, but related, decisions to make: finding software that could help them manage the operations of their business — accounting, hosted shopping carts, reservations, to...

Faster Payments
New Report: Who’s Using Same-Day ACH And Why?
November 09, 2017

Fourteen months since the Phase 1 roll out, 43 percent of financial institutions (FIs) now allow businesses to originate same-day ACH credit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
Driving Cross-Border Payments Into The Future
November 09, 2017

Rideshare services have gained popularity by taking the pain out of making payments. Can foreign currency exchange services adopt a similar model? In the latest PYMNTS.com X-Border Receivables Report, powered by Flywire, Mark Frey, COO of Cambridge Global Payments, discusses the need for FX providers...

Retail
Walmart Busts Florida’s Dumbest Retail Scam (So Far This Week)
November 08, 2017

While we at PYMNTS.com would never applaud crime, we do have to credit Cheyenne Amber West of Fort Pierce, Florida, with boldness for her recent attempts to scam Walmart of more than $1,800 in consumer electronics. Get the Full Story Complete the form to unlock this...

Retail
Target Eyes Growth, Shutters Underperforming Storefronts
November 08, 2017

Though big-box retailer Target has been known for expansion and digital innovation of late, Tuesday (Nov. 7) news reports from Chain Store Age noted the company has made a strategic decision to close 12 underperforming brick-and-mortar storefronts on Feb. 3, 2018. The store closures will...