News

Banking
Customers Pay Billions In Bank Overdraft Fees To Top US Banks
December 21, 2016

Overdraft fees are big business for banks in the U.S., with the Pew Charitable Trust finding the top banks charged a combined $11.6 billion in overdraft fees and insufficient fund fees last year. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Cybersecurity Threat Discovered: New ATM Malware
December 21, 2016

Trend Micro announced the discovery of a new family of ATM malware, known as Alice, that is designed solely to empty the safe of ATMs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
eSUB Raises $5 Million, Plans To Expand App Offerings
December 21, 2016

Cloud-based project management app startup eSUB Construction Software recently announced that it has raised $5 million in a Series A venture capital funding round led by Revolution Ventures. The San Diego-based startup was founded in 2008 and produces apps that help subcontractors track their work...

B2B Payments
Protecting SME Privacy As Credit Assessments Grow Complex
December 21, 2016

In many ways, alternative lenders and traditional banks need each other. Borrowers may want the innovation, technology and speed of an alternative lending platform but will demand the trust of a big, familiar name in banking. Get the Full Story Complete the form to unlock...

Security & Fraud
Three Years After The Target Breach
December 21, 2016

There was a time when data breaches were not a daily part of consumers’ day-to-day lives. Sure, credit cards got stolen or skimmed from time to time — but such occurrences were comparatively rare. Get the Full Story Complete the form to unlock this article...

Omnicommerce
Merchants Deck The Halls With Omnichannel This Holiday Season
December 21, 2016

The impact of omnichannel across the retail ecosystem is significant, but the 2016 holiday season is shaping up to provide a clear picture of just how impactful the influence of omnichannel is. Craig Gass, CEO of Qualpay, joined Karen Webster for a live digital discussion...

B2B Payments
Orlando Magic Devises B2B Payments Game Plan
December 21, 2016

The NBA’s Orlando Magic may not be the first franchise that comes to mind when one thinks of B2B payments technology, but Viewpost changed that with its announcement Tuesday (Dec. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Critics Point To Flaws In China’s SME Loan Rules
December 21, 2016

China has initiated efforts to boost lending to small businesses, but some critics now say the rules imposed on banks to heighten their SME lending levels may be too rigid. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Citizens Bank Next To Take The Leap With Alt-Lender
December 21, 2016

Traditional banks are beginning to embrace their alternative lending competitors as a way to reach more borrowers and get a jumpstart on the technology and digitization behind the lending industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...