News

Security & Fraud
Australia Blames eCommerce, Bitcoin For Uptick In Organized Crime
August 25, 2017

Australia is blaming the growth in online banking and digital currencies like Bitcoin for a huge increase in organized crime in the country’s financial sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Wells Fargo Selects Beverly Anderson To Run Cards And Retail Services
August 25, 2017

Wells Fargo announced Thursday (Aug. 24) it has named Beverly Anderson as head of its cards and retail services. 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...

Wearables
Wearable Market Set To Grow 16.7 Percent Thanks To Smartwatches
August 25, 2017

Market research firm Gartner announced Thursday (Aug. 24) it expects 310.4 million wearable devices to be sold around the globe this year, marking a 16.7 percent increase from 2016. In a press release announcing the new forecast, Gartner said the wearable devices market will generate revenue...

Retail
Square Goes Brick-And-Mortar In New York
August 25, 2017

Square, the mobile payments processor run by Jack Dorsey, opened its first physical, brick-and-mortar store to offer hands-on support for merchants, as well as showcase some of its hardware products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Mizuho Taps IBM Japan To Enhance Its Risk Management Efforts
August 25, 2017

Mizuho Bank and IBM Japan announced Thursday (Aug. 24) Mizuho Bank had begun operations toward more advanced and efficient risk management. The financial institution is employing cognitive technology to take measures against financial crimes such as terrorism financing. Governments around the world have urged financial institutions...

Ridesharing
Uber Investors Fighting Benchmark Lawsuit Against Former CEO
August 25, 2017

Uber investors are trying to fight a lawsuit by shareholder Benchmark Capital against former CEO Travis Kalanick. 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...

Retail
The Buyers: Connecting Consumer Confidence Dots
August 24, 2017

The confident consumer is a sector of the shopping industry that most merchants are likely hoping to increase spending and attitudes about the market. In today’s topsy-turvy arena, while retail undergoes its digital transformation, whether or not the confident consumer thrives is lingering on retailers’...

Retail
Apple Tracker: Knowing Your Niche (Or Not)
August 24, 2017

Apple is still trying to change the world, but some of its plans simply weren’t meant to be (read: Apple driverless, gas-pedal-less, steering-wheel-less cars). Others, such as the rumored replacement of TouchID with facial biometric authentication, may come to fruition soon – possibly as soon...

B2B Payments
Aztec Exchange May Be Headed For Liquidation
August 24, 2017

A company news message at Irish invoice financing company Aztec Exchange suggests the firm is headed toward liquidation. 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...