News

Loyalty & Rewards
Credit Card Upfront Perks Worrying Some Analysts
October 18, 2016

Credit card companies are pulling out all the stops to lure new customers, and it turns out consumers are getting more savvy, taking advantage of the generous rewards credit card companies are willing to offer. That, according to a report by Reuters, is starting to worry...

Security & Fraud
UK Businesses May Face Higher Cybersecurity Fines In 2018
October 18, 2016

Cybersecurity breaches could result in U.K. businesses collectively facing fines of up to £122 billion in 2018. 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...

Payment Methods
American Express Launches Amex For Developers
October 18, 2016

American Express announced Monday (Oct. 17) the launch of Amex for Developers, a new portal providing a single point of access to company APIs and developer resources in such categories as payment services, customized experiences, data intelligence and fraud prevention. The portal is launching with...

Payment Methods
i2c Tapped By Kiwibank To Expand Prepaid Gift, Travel Card Programs
October 18, 2016

I2c, a global provider of smarter payments and integrated commerce solutions, announced Monday (Oct. 17) that it is working with Kiwibank, New Zealand’s largest prepaid issuer, to expand the capabilities of the bank’s prepaid gift and travel card programs and to roll out a robust...

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...