News

Omnicommerce
Is In-Store Beauty Immune From Online?
July 01, 2016

The accepted wisdom of the current retail reality is that no formerly brick-and-mortar brand can operate in a vacuum from the destabilizing effects of online sales. This presupposes that industries are essentially the same online and offline, though, and an entire market of brick-and-mortar cosmetics brands...

Payment Methods
CFPB, DOJ Crack Down On Bank For ‘Redlining’ Consumers
July 01, 2016

In a joint effort announced by the Consumer Financial Protection Bureau and the U.S. Department of Justice, redlining is getting more scrutiny and the two agencies brought a complaint against BancorpSouth.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

eCommerce
Will Apple And Tidal Make Beautiful Music Together?
July 01, 2016

In one of the more surprising pieces of news taking the cycle home before the Fourth of July weekend, Apple is in talks to buy Jay-Z’s musician-centric streaming service Tidal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Watching Risk, And Reputation, With An Eye On Receivables
July 01, 2016

Good credit offers up a snapshot, and only a snapshot, of a customer’s credit risk. Argos Risk can help turn the snapshot into a flow – of data – that spans all facets of a customer’s environment, says CEO and President Lori Frank, spotting potential...

Bitcoin
Former Secret Service Agent Suspected Of More Bitcoin Thefts
July 01, 2016

Bitcoin, continuing to bring out the best in everyone it touches. 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...

Loyalty & Rewards
Amex’s 25-Year Membership Rewards Milestone Program
July 01, 2016

Are you among those just dying to see Broadway’s newest smash hit “Hamilton?” Or trying to get tickets to Justin Bieber’s sold out July show at Madison Square Garden? Or maybe you’re just in the market for a once-in-a-lifetime experience, like having a private dinner...

Acquiring
Citi Prepaid Card Services Acquired by Wirecard
July 01, 2016

Wirecard is about to enter the U.S. market after the company entered an agreement to buy Citi Prepaid Card Services. The German banking software company announced the deal with Citi Wednesday (June 30), but did not offer up terms of the deal. But according to a...

Security & Fraud
CFPB Recoups $24.5M For Consumers Hit With Illegal Payment Collection
July 01, 2016

The Consumer Financial Protection Bureau said Thursday (June 30) that it has, through the first four months of 2016, recovered $24.5 million for consumers harmed by illegal auto finance and other types of loans. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Google’s Security Team Finds Slew Of Symantec, Norton Flaws
July 01, 2016

Critical vulnerabilities in Symantec and Norton security products were discovered by Google’s “project zero” team, Fortune reported on Wednesday (June 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...