News

Partnerships / Acquisitions
Ingo Money And MoneyGram Deliver Instant P2P Payments
October 18, 2016

Ingo Money, a player in real-time push payments technology, and MoneyGram, a global provider of money transfer and payment services, announced Monday (Oct. 17) an agreement to offer consumers a new service to make quick and convenient credit card payments through Ingo Money’s platform at...

Investments
SMS Texting Startup Zipwhip Lands $9 Million In Funding
October 18, 2016

Zipwhip, the Seattle startup that enables companies to text customers from the internet, announced Monday (Oct. 17) it raised $9 million in Series B investment led by Voyager Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

One-Third Of Student Loans Could Default, According To The CFPB
October 18, 2016

One in three rehabilitated student loans borrowers will default — again — within two years. That’s according to a new report out from the Consumer Financial Protection Bureau’s (CFPB) Student Loan Ombudsman. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Republican Fundraising Site Hacked
October 18, 2016

Evidencing the reality that cybercriminals have no political allegiances, reports indicate that a website used to raise funds for Senate Republicans has been infected with malware for the last six months. Said malware gives cybercriminals access to the names, addresses and credit card data of...

B2B Payments
Introducing Automation To The Accounts Receivable Department
October 18, 2016

The executives at payments and FinTech firm Jack Henry & Associates (JHA) know that offering banks and its corporate clients the ability to accept electronic payments online is nothing new. Speaking with PYMNTS, JHA Payment Solutions Group General Manager Greg Adelson described the market for electronic billing...

Retail
Inside The Retail eGift Card Fail
October 18, 2016

What can be easier than giving a gift card online? How about getting consumers to buy them in the first place. In the latest PYMNTS Data Drivers installment, Gerry Gilbert, VP of product at CashStar, tells Karen Webster what’s keeping 10 percent of retailers from...

B2B Payments
SMEs Forced To Live With New Normal Of Cyberattacks
October 18, 2016

The price tag attached to a data breach on a small business has increased this year, according to new analysis from IBM and Ponemon Institute. With their newly released “2016 Cost of Data Breach: Canada” report, the firms examined the financial impact of data breaches...

B2B Payments
Amex’s Latest SMB Pursuit
October 18, 2016

American Express is a leader in the commercial card world but typically holds a reputation for servicing high-spending corporates. Now, the company is looking to take market share away from its main rivals by enticing SMEs to use its cards. Get the Full Story Complete...

Faster Payments
Same Day ACH: Impacts At The Intersections
October 18, 2016

Same Day ACH is here and so are several other initiatives that intersect and complement its newfound faster capabilities. In the final installment of NACHA’s Countdown to Same Day ACH podcast series, George Throckmorton, Managing Director for NACHA, joined Karen Webster to explain how longstanding...