News

Regulation
FTC Focused On Car Buying, Big Data And FinTech In 2016
February 10, 2017

The Federal Trade Commission had a busy year in 2016, surveying consumers about buying and financing car purchases, issuing a report aimed at helping businesses harness the power of Big Data without discriminating and also taking a hard look at the FinTech market and its...

Retail
Retail’s Six-Week Turnaround Plan
February 10, 2017

It’s not easy being a traditional department store these days. 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 this...

CFPB
Chairman Of House Financial Services Committee Says CFPB Is A ‘Rogue Agency’
February 10, 2017

Jeb Hensarling, the chairman of the House Financial Services Committee, described the Consumer Financial Protection Bureau as a so-called “rogue agency” created to be “insulated” from oversight on the part of the congress, president and voters. Get the Full Story Complete the form to unlock...

Partnerships / Acquisitions
Vantiv Selected By FTSI For ATM Processing
February 10, 2017

Vantiv, a provider of payment processing services and related technology for merchants and financial institutions, announced Thursday (Feb. 9) that Financial Technology Solutions International (FTSI) has inked an exclusive agreement to offer Vantiv services, including debit, credit and ATM processing. Get the Full Story Complete...

Security & Fraud
Malware On Hitachi Servers Reason For ATM Hack
February 10, 2017

Hitachi Payment Systems was to blame for a cyberattack of its ATM network in India, which resulted in banks having to recall a slew of debit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
MarketInvoice Introduces New Product In Search For Growth
February 10, 2017

Invoice financing platform MarketInvoice is introducing a new product as it looks to double its lending volume in the coming year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Procure-To-Pay Firm Vroozi Names CEO
February 10, 2017

Procure-to-pay company Vroozi has named its new chief executive officer. 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 this...

B2B Payments
Finding The Best Point Of Entry For Early Payment Discounts
February 10, 2017

Accounts payable is certainly a major way businesses can manage cash flow, but thanks to automation, AP can also be a strategic profit center for the enterprise. The biggest way this happens is through capturing early payment discounts, but with so much talk of delayed...

Payments Innovation
Bringing Dollars And Cents To La La Land
February 10, 2017

Residuals can keep actors and directors rolling in dough or at least lots and lots of very small checks. It’s an inefficient system and one that Exactuals seeks to streamline, through payment processing that saves guilds time and money — and 15 million sheets of...