News

Payment Methods
Costco Branded Card Driving Growth At Citi
January 23, 2017

Citi has Costco to thank for its growth recently, according to a new analysis by Business Insider. 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...

Wearables
EZ-Link And Singaporean Transit To Embed Payments In Wearable Fitness Devices
January 23, 2017

EZ-Link, the payment card issuer, and Singaporean transit have teamed up to embed payment functionality into fitness and health trackers from the likes of Watchdata and Garmin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Bitcoin
Bitcoin Exchanges Draw Chinese Regulatory Scrutiny And New Trading Fees
January 23, 2017

It looks like Chinese regulators’ long speculated-upon uptick in interest in bitcoin has started to happen. The nations’ three largest bitcoin exchanges will now begin charging a trading fee, effective this week. BTCC, Huobi and OkCoin have all separately stated that going forward they will charge...

Bitcoin
Bitcoin-Based ETF Requests SEC Approval
January 23, 2017

While still volatile, and trying to shake the seedier side of its reputation, digital currency bitcoin has come a long way in a few short years. A few days ago, a move was made that could work to grow bitcoin’s financial legitimacy. Get the Full...

International
China’s Economy Grew More Than Thought In Q4, But The Party Won’t Last Long
January 23, 2017

Thanks in part to increased spending on the part of the government and record lending from banks, China’s economy grew more than the 6.8 percent expected in the fourth quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
US Data Breaches Reach All-Time High Last Year
January 23, 2017

Data breaches in the U.S. reached an all-time high in 2016, with the number of breaches tracked reaching 1,093, a 40 percent increase from the year earlier. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
TSYS Renews Long-Term Payments Processing Contract With BBVA Compass
January 23, 2017

TSYS, the payments processing company, announced Friday (Jan. 20) it has inked a long-term renewal of its payment services agreement with BBVA Compass in which it will continue to process the bank’s consumer, commercial and small business credit card portfolios. Get the Full Story Complete...

Europe
Tech Takes A Talking To At Davos For Its Effect On Jobs
January 23, 2017

Big banks, since the halcyon days of the Great Recession, have had a long sit in the naughty chair — widely maligned as the bad guys from Main Street to the annual World Economic forum in Davos. Get the Full Story Complete the form to unlock...

B2B Payments
Could Anti-Globalization Threaten Interest In Blockchain?
January 23, 2017

Geopolitical forces are pounding down on supply chains as businesses large and small boost their trading presences across new borders. Supply chain managers are watching those forces particularly close this year, analysts say. Research announced last week from Marsh & McLennan Companies found that 52...