News

Retail
’80s Fashion Icon Ralph Lauren Tearing At Seams?
February 03, 2017

Staying relevant and up-to-speed on what’s going on in any industry can prove to be a difficult feat. No other place is this more true than in the fashion industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payment Methods
Bank Of America Increases Its ACH Payment Service Via CashPro
February 03, 2017

Bank of America Merrill Lynch announced Thursday (Feb. 2) that it has substantially increased its international payments capabilities via the bank’s online and file-based banking portal CashPro. In a press release, Bank of America said tens of thousands of CashPro users can now make cross-currency...

Security & Fraud
Five Men In International ATM Hacking Gang Arrested
February 03, 2017

Authorities in Asia and Europe have apprehended five members of an international hacking ring accused of sophisticated attacks on bank ATMs that cost the financial institutions hit about €3 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

IPO
Snapchat Files For An IPO
February 03, 2017

It looks like that Snapchat IPO is happening sooner rather than later. 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...

B2B Payments
Crossing The Real-Time Payment Border In Real Time
February 03, 2017

PayCommerce has completed testing on its real-time cross-border payments system. Executive Chairman and Founder Abdul Naushad tells PYMNTS why blockchain can ease the flow of commerce through instant payments.

Payment Methods
Samsung Pay (Mini) Launches On More Android Devices
February 03, 2017

Samsung Electronics said Thursday (Feb. 2) it is launching a mobile web payments service for all smartphones that use the Android mobile operating system in South Korea. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

eCommerce
Making Payments Work For Platforms (Instead Of The Other Way Around)
February 03, 2017

As of 2017, platform businesses need payments solutions — they are becoming a less optional part of the business. But turning payments isn’t exactly as easy as flipping a switch — and therein lies the rub, according to Kurt Bilafer, CRO at WePay. Platform businesses aren’t at...

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...