News

Retail
Amazon Leads As Top Holiday Gift Destination
December 16, 2016

Amazon may be leaving other retailers in the dust this holiday shopping season, Forbes reports. 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...

Security & Fraud
Need Some Hacked Yahoo Data? Try The Dark Web.
December 16, 2016

Earlier this week, the world learned that Yahoo has been hacked — in a very, very big way.  At some point in 2013, cybercriminals made off with the records of more than 1 billion users, including names, birth dates, phone numbers, passwords that were encrypted in...

Digital Banking
UK Banks Shutter As Digital Banking Surges
December 16, 2016

Which?, the research firm, has found that U.K. bank HSBC has closed more than a quarter of its branches in its hometown during the course of the last two years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Closing The Books, With An Eye On Process And Automation
December 16, 2016

Getting the books closed on time is a must for businesses of all sizes, and yet, inefficiencies plague the process, according to the Institute of Management Accountants, whose research director, Kip Krumwiede, discussed a survey’s findings with PYMNTS.

Partnerships / Acquisitions
Wirecard, VocaLink Team Up On Mobile Banking App
December 16, 2016

VocaLink announced Thursday (Dec. 15) that Wirecard, the European payment and internet technology company, has joined the payment provider’s backing of the Pay by Bank mobile banking initiative. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Atom Tickets To Integrate Chase Pay As Preferred Payment Method
December 16, 2016

Atom Tickets, the mobile-first movie ticketing platform, announced Thursday (Dec. 15) it will integrate Chase Pay as a preferred method of payment in 2017. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

CFPB
CFPB Debuts Consumer Credit Card Risk Management Tool
December 16, 2016

The Consumer Financial Protection Bureau (CFPB) announced Thursday (Dec. 15) the launch of Consumer Credit Trends, a web-based tool to help consumers monitor developments in consumer lending and to ascertain potential future risks. Get the Full Story Complete the form to unlock this article and...

Merchant Innovation
Walmart And Green Dot And Rewarding People Who Save Instead Of Spend
December 16, 2016

While Americans are known for many wonderful things, being great savers of money is not one of them. In fact, in the event of an even minor financial emergency — $400 worth of an emergency — almost half of all American adults wouldn’t be able to cover...

Mobile Payments
Samsung to Preinstall Samsung Pay In New Smartphones
December 16, 2016

Samsung Electronics said earlier this week it will preinstall Samsung Pay in its upcoming smartphones slated to be released next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...