Last year, merchants and banks felt fraud losses reach $21.84 billion on all credit, debit and prepaid general-purpose and private-label payment cards issued globally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Danish payment processor Nets notified local banks and international card schemes on Wednesday (Oct. 26) of a data breach that could have impacted 100,000 credit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Managing payments — to consumers and also, along the biggest payouts, to employees — is moving ever toward real-time speed. For Ingo Money’s Instant Payments service, the value lies in moving money to cards and digital wallets, bypassing bank accounts, if that’s the way those...
Uber is getting in the long-haul delivery business, launching a new unit called Uber Freight. 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,...
Investment bank UBS is reportedly teaming up with Amazon and its voice-enabled speaker, Echo, to let consumers ask Alexa financial questions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Chinese government is gearing up to develop a system that connects a person’s financial, social, political and legal credit ratings into one social trustability score. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
ID Analytics, a consumer risk management company, announced Wednesday (Oct. 26) new research that revealed over six out of 10 millennials declined for credit are not seen applying again for at least 12 months. Get the Full Story Complete the form to unlock this article...
TSYS announced Wednesday (Oct. 26) that it has signed a payments agreement with Optal Financial Limited, one of Europe’s leading virtual card issuers. Under the agreement, TSYS will process authorizations for Optal’s significant virtual payments card business. Terms of the deal were not disclosed. Get the...
Walmart Stores, along with Ria Money Transfer and MoneyGram International, announced Wednesday (Oct. 26) it is making the necessity of transferring money even more affordable for customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
