News

Payment Methods
Valitor Acquires Chip & PIN Solutions To Broaden Its Direct Merchant Services
July 06, 2017

Valitor, a Fintech payment service company announced Wednesday (July 5) the acquisition of Chip & PIN Solutions, a U.K. card-based payment provider. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Poorer Nations Are Teaching Their Richer Counterparts About Cybersecurity
July 06, 2017

A new United Nations (U.N.) survey on cybersecurity found Singapore is taking a close to perfect approach at the same time that rich countries have a lot of gaps in their security defenses when it comes to defending against cyberattacks. Get the Full Story Complete...

Retail
Walmart’s Marketplace Flexes Its Muscles
July 06, 2017

Can Walmart give Amazon a run for its eCommerce money? Probably not. But it can keep the eCommerce giant from gaining an eMonopoly, at least as an online marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Merchant Innovation
Walmart Lets Customers Pick Up Online Orders Via Vending Machines
July 06, 2017

Breaking mobile order ahead news: it’s not just for food anymore. 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...

Payment Methods
Open Banking Rolls Out Payments Initiation API
July 06, 2017

Open Banking, the U.K. bank-funded entity  that was mandated by the Competition and Markets Authority to provide new ways for customers to share their financial data with non-bank providers, has released an API specification for accounts and transaction information and payments initiation. Get the Full...

Banking
What’s Next For JPMorgan’s Payment Plans Post-Worldpay Takeout?
July 06, 2017

No Worldpay for JPMorgan, but the banking giant may have its toe in the water, or testing the breeze for further inroads into the payments space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Cyber Stress Tests Loom For U.K. Insurers
July 06, 2017

The Prudential Regulation Authority (PRA), the financial regulator overseeing the United Kingdom, has directed insurers to conduct “stress tests” tied to cyber attacks, the Financial Times reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Diebold Shares Plunge On Lowered Sales Guidance
July 06, 2017

Diebold Nixdorf shares plunged 23 percent on Wednesday, hit by reduced revenue guidance that spooked investors. 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...

Payment Methods
Han Feng Now Accepts Alipay In U.S.
July 06, 2017

Alipay, Ant Financial Group’s payment platform, announced Wednesday it had inked a Memorandum of Understanding (MoU) with Han Feng Inc., a food supplier for Chinese restaurants and supermarkets in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...