News

Retail
Declining Auto Sales Show Seven-Year Growth Might Be Over
May 04, 2017

U.S. auto sales fell for the fourth straight month, declining 4.7 percent in April — the biggest slowdown of the year, and a strong indication that 2017 will put an end to seven straight years of growth. Get the Full Story Complete the form to unlock this article...

Security & Fraud
CA Launches Real-Time Behavioral Analytics Fraud Prevention Network
May 04, 2017

Battling fraud is not a battle that should be fought single-handedly. CA Technologies is debuting a consortium-driven, real-time behavioral analytics model that seeks to leverage real-time learning and instant risk scoring into real-time victories against fraudsters, scammers and bad guys.

Payment Methods
Bank Of America Merchant Services And Bypass Create A New Digital Commerce Offering
May 04, 2017

Bank of America Merchant Services announced Wednesday (May 3) that it is teaming up with Bypass, the developer of cloud-based restaurant and multi-site food management systems, to help arenas, sporting venues, corporate and college campuses, hospital cafeterias and other contract food and beverage operators run...

Payment Methods
Sage Confirms Its Selling Its U.S. Payments Unit
May 04, 2017

Sage Group, the U.K. software company, is putting its U.S. unit up for sale after completing a review of the business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
Treasury Secretary Mnuchin Names Keith Noreika To Head The OCC
May 04, 2017

U.S. Treasury Secretary Steven T. Mnuchin announced Wednesday (May 3) that he is plans to appoint Keith Noreika as a Deputy Comptroller and designate him the First Deputy Comptroller of the Office of the Comptroller of the Currency (OCC). Get the Full Story Complete the...

Retail
More Retail Bankruptcies Expected In 2017
May 04, 2017

The retail sector has been suffering a lot of pain this year, with bankruptcies already happening at a record pace and more bankruptcies expected to come. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fintech Investments
Dubai FinTech Set To Offer Gold-Backed Digital Currency
May 04, 2017

On Tuesday, Dubai FinTech company OneGram announced it would offer a gold-backed digital currency called OneGramCoin with the hopes of raising over $500 million in capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Mandiant Hired To Probe Sabre Hotel Systems Breach
May 04, 2017

Sabre Corp. confirmed Tuesday that it has seen a breach in it hospitality units hotel reservation system and that FireEye’s Mandiant forensics division has been retained to investigate just how that breach happened. Get the Full Story Complete the form to unlock this article and...

Partnerships / Acquisitions
Malauzai Partners With Vantiv On SmartKid Control For Tweens, Teens
May 04, 2017

Malauzai Software announced in a press release its partnership with Vantiv to launch Family Manager: SmartKid Control, a program to teach tweens and teens responsible spending habits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...