News

B2B Payments
PROACTIS Targets eProcurement Deployment Friction
September 07, 2016

Digital procurement and spend control firm PROACTIS is now targeting the friction companies face when looking to deploy these solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Forgetting To Cash The Check Is A $740M Mistake
September 07, 2016

Nearly $740 million is lost by small and medium-sized businesses in the U.K. every year for a simple reason: They either lose, or forget to cash, their paper checks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Seattle Utility Customers Privy To Confidential Data
September 07, 2016

Customers of Seattle City Light and Seattle Public Utilities had a lot to gossip about on Sunday and Monday this past weekend when the utility companies' new public utilities billing system malfunctioned. Emails were sent out that showed private details and utility usage of other...

Payment Methods
Verifone Crashes, While Other Stocks Eke Out Gains
September 06, 2016

The PYMNTS Stock Index saw a few mid-sized percentage gains, which may have cheered investors over the long holiday weekend. The smaller the stock, however, the more outsized the percentage gains on relatively little news. Among the firms that saw upward trends was Planet Payment, which was...

ACI Worldwide Amps Up Erste Bank Hungary Electronic Payments
September 06, 2016

One of Hungary’s largest banks, Erste Bank Hungary (EBH), is enhancing its electronic payment services by working more closely with partner ACI Worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cross Border Commerce
UK Losing Foreign Exchange Market To Asia
September 06, 2016

Brexit has hit the pound hard. Financial Times reported that the U.K.’s share of the foreign exchange market has dropped, while the Bank for International Settlements (BIS) reported that Asia, particularly Hong Kong, Tokyo and Singapore, are picking up the pieces. Get the Full Story...

Regulation
Amazon, Google And Apple Side With Microsoft In Customer Privacy Fight With Government
September 06, 2016

Microsoft has gotten some big-name allies in its ongoing argument with the U.S. government about its customers’ privacy rights and to what extent it is allowed/required to inform said customers of data requests from government officials. Get the Full Story Complete the form to unlock this...

Retail
UK Retail Sales End Summer On A Down Note
September 06, 2016

Summer’s shopping season ended with more of a whimper than a bang in the U.K., according to recently released figures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Electronics And Apparel Drove 2016’s Respectable Back-To-School Shopping Push
September 06, 2016

Back-to-school spending seems to have delivered this year in the U.S., pushed by an nearly insatiable hunger of leggings and laptops. Spending has grown by its fastest rate in four years, according to a Reuters report. Get the Full Story Complete the form to unlock this...