News

Security & Fraud
Computer Virus Brings Ohio Town’s Government To A Halt
February 03, 2017

A virus that infected the computer system of the Licking County government offices in Ohio has shut down the entire network, including that of the local police force, and a financial demand was made to restore everything back to normal, according to TechCrunch. Get the...

Security & Fraud
Credit Card Chips Still Under Attack From Thieves
February 03, 2017

Consumers might have felt a bit safer using their credit card with the introduction of EMV chip technology, but thieves looking to steal your information have managed to find a way to still gain access to PIN numbers, as well as your card’s chip in...

Retail
Target Turns Its Back On Innovation
February 03, 2017

In a stunning turn of events, Target has decided to shut down two major long-term projects. While the retail giant had been working for quite some time on injecting innovation into the company, the less-than-stellar holiday season may be to blame here. Get the Full Story...

Investments
AI Startup Xnor.ai Raises $2.6M To Bring AI To All Devices
February 03, 2017

Xnor.ai, an AI startup based in Seattle, has raised $2.6 million in a seed investment round of venture capital funding to bring artificial intelligence to all sorts of devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Bank Of Nova Scotia Focuses On New Digital Technology
February 03, 2017

Scotiabank, Canada’s third-biggest lender, announced that it was implementing new digital technology aimed at helping the bank cut its operating costs and increase revenue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
CFPB, VA AG Penalize Woodbridge Gold & Pawn for Deceitful Consumer Loans
February 03, 2017

A pawnbroker in Virginia will have to face paying restitutions to customers whom the Consumer Financial Protection Bureau (CFPB) and the Attorney General of Virginia said it deceived about the actual costs of its loans. Get the Full Story Complete the form to unlock this...

Partnerships / Acquisitions
Barclaycard And VocaLink Team To Enable Merchants To Accept Pay By Bank App
February 03, 2017

Barclaycard announced Thursday (Feb. 2) it has partnered with VocaLink to enable its merchants to accept mobile payments via the Pay by Bank app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Payment Methods
Yandex.Checkout Brings Apple Pay To Its Merchants
February 03, 2017

Yandex.Checkout, Russia’s main payment service provider, is now accepting contactless payments via Apple Pay. 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...

Banking
JPMorgan Names Jennifer Piepszak To Head Fast-Growing Credit Card Unit
February 03, 2017

JPMorgan Chase has named Jennifer Piepszak as the head of its fast-growing credit card unit, replacing Kevin Watters, who is retiring later in 2017. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...