News

Partnerships / Acquisitions
Payroc Buys iTransact For Undisclosed Sum
October 11, 2016

Payroc, a merchant services and payment processing organization, announced on Monday (Oct. 10) that it has acquired the assets of payment gateway and merchant account provider The iTransact Group. The transaction results in a notable expansion of Payroc’s payments business, adding 300 trusted advisor referral partners...

Partnerships / Acquisitions
Euronet Completes Buy Of ATM Operator YourCash
October 11, 2016

Euronet Worldwide, a global electronic payments provider, announced on Monday (Oct. 10) it has completed the acquisition of U.K.-based ATM operator YourCash Europe Limited. The acquisition includes approximately 5,000 ATMs across the U.K., Netherlands, Belgium and Ireland. Get the Full Story Complete the form to...

Security & Fraud
The More Social You Are Online, The Higher The Likelihood Of Identity Theft
October 11, 2016

ID Analytics, a consumer risk management company, announced on Monday (Oct. 10) that, based on a new study, there is a direct correlation between a consumer’s level of online exposure and their risk of identity theft. Get the Full Story Complete the form to unlock...

Mobile Payments
Vodafone-PayPal Payments Go Mobile in The UK
October 11, 2016

Consumers in the U.K. can now use contactless payments with Android smartphones thanks to a partnership between Vodafone and PayPal. Only Visa and Mastercard accounts could be used previously, but now, Vodafone Pay can complete a payment using PayPal and even when a device is...

Merchant Innovation
eBay Buys Another Machine-Learning Company
October 11, 2016

In an effort to further boost its artificial intelligence platform, eBay announced last week plans to buy Corrigon Ltd., a visual search technology company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Jumio Sued By Investor That Backed The Startup
October 11, 2016

Facebook Cofounder Eduardo Luiz Saverin has been sued in Delaware court over allegations he committed fraud and breach of fiduciary duty of disclosure in the takeover of Jumio, the now-bankrupt identity verification company. Get the Full Story Complete the form to unlock this article and...

Facebook At Work, Soon To Roll Out?
October 11, 2016

Many employers block Facebook at the workplace. Facebook is looking to change that by launching a new paid subscription model for employers called “Facebook at Work.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

News
Samsung Is Pulling The Plug On The Note
October 11, 2016

Goodbye Galaxy Note 7 — we hardly knew ye. 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 Today. By completing this form, you...

Digital Banking
Wells Fargo Creates Tech Payments Group
October 11, 2016

Wells Fargo has moved to combine corporate banking with a handful of consumer banking operations and the technology-innovations group in a single department to be headed by Avid Modjtabai. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...