News

Payment Methods
Fed Rolls Out Payment System Risk Policy Amendments
July 22, 2016

The Federal Reserve Board said on Thursday (July 21) that it had adopted a number of changes to a section of its Federal Reserve Policy on Payment System Risk (PSR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payment Methods
Burger King In Turkey Adds Credit Cards To Online Orders
July 22, 2016

It’s going to take weeks (though, more likely, months) before Turkey returns to any sense of normalcy following its military’s failed coup attempt and the subsequent crackdown by the surviving government, but the show must go on for retailers if they hope to have any...

Security & Fraud
Malware Researchers Track Down Malicious Software Mastermind
July 22, 2016

The man behind Orcus RAT, a malicious remote access tool reportedly designed to compromise and control computers, was exposed by a group of malware hunters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Acquiring
Mastercard On Why VocaLink – And Why Now
July 22, 2016

Since the announcement yesterday of Mastercard’s $920 million acquisition of VocaLink all eyes have been on the U.K. scale opportunity. But Michael Miebach, Mastercard’s Chief Product Officer, gave Karen Webster a deeper look inside these complementary payments rails and what they can do better, together.

B2B Payments
Chinese Banks Test New SME Lending Strategy
July 22, 2016

Traditional banks today face competition from alternative nonbank lenders, but in China, analysts say there is a new trend emerging among financial institutions themselves. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
WEX Partnership Broadens Its Insurance Presence
July 22, 2016

As corporate payments firm WEX looks to strengthen its presence in the insurance sector, the company revealed a new partnership to help in the process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Visa Where It Wants To Be With PayPal, Earnings
July 22, 2016

Higher payments volume and cost controls helped buoy Visa’s bottom line. CEO Charlie Scharf also weighed in on the deal to be pals with PayPal and the consumer choice that it will deliver for consumers, issuers and merchants. Details on that and the latest on...

Mobile Payments
Sizzle Or Fizzle: One Momentous Day in Payments
July 22, 2016

Just when you think that it’s going to be hard, once again, to find a Sizzle, yesterday happens. 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...

B2B Payments
Reckon Snubs The Banks With Prospa SME Loan Deal
July 22, 2016

Small business accounting firm Reckon wants to help its SMEs access financing — without having to go to the bank. To do so, the company is rolling out Reckon Loans, a new way for its customers to access funding. Get the Full Story Complete the...