News

Security & Fraud
Virginia Man To Serve 4 Years For ID Fraud Scheme
July 07, 2016

A Virginia man was sentenced to 47 months in prison on Wednesday (July 6) by a federal district court for his role in a massive identity fraud scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
SWIFT Sees Record Payments Volume Post-Brexit
July 07, 2016

SWIFT is seeing some strong traffic days, according to new data released by the organization. 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,...

Payment Methods
RushCard Parent Nabs CEO From Mozido
July 07, 2016

In a move at the top echelons of prepaid debit card company UniRush, which owns RushCard, a new chief executive officer is taking the reins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

U.S. Bank’s Real-Time P2P Payments Now Fee-Free
July 07, 2016

Real-time payments are quickly turning from a perk to an expectation for consumers. 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....

SWIFT On How Mobile Banking Boosts Financial Inclusion
July 07, 2016

A SWIFT Institute report, which specifically looks at Kenya as a use case — as well as sub-Saharan Africa — shows that mobile banking has aided Kenya’s financial rates drastically. But that research also indicates that the same case may not be true for other similar...

Security & Fraud
Darktrace Cybersecurity Firm Now Worth $400M
July 07, 2016

Cybersecurity firm Darktrace has garnered $65 million in equity funding through a consortium of investors led by private equity giant KKR and Co. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
For SMBs, Online Lending With Community Focus
July 07, 2016

The online lending space may be in turmoil, but the business model – cutting down on the steps in place to get SMBs working capital – is a resilient one. RC Giltner’s founder, Bob Giltner, explains why traditional community banking is taking a page from...

B2B Payments
Prepaid Gets Proactive In Employee Spend Control
July 07, 2016

With so many ways to manage expenses, it’s a surprise so many businesses still use manual processes like Excel spreadsheets. At the end of 2015, travel and expense management company Certify found in its 2016 Expense Management Trends Report that 70 percent of small businesses...

Faster Payments
Helping Bring Equal Access To Faster Payments
July 07, 2016

It’s happening. With the launch of Same Day ACH Phase 1 now just a little more than two months away, banks are getting ready for a payments future that’s faster – and forging partnerships to help them get there. July’s Faster Payments TrackerTM takes stock...