News

CFPB
Why The CFPB Gets CBA’s Stamp Of Approval
July 11, 2016

The Consumer Bankers Association (CBA) is throwing its support behind the Consumer Financial Protection Bureau (CFPB). 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,...

Investments
Startup CityBase Raises $6.25 Million In VC Funding
July 11, 2016

CityBase, the Chicago startup that aids cities in reaching and serving residents and businesses, announced on Thursday (July 7) it raised $6.25 million in a Series B round of funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Fed May Enhance Bank Cyberattack Safeguards
July 11, 2016

The onslaught of global cyberattacks targeted towards financial institutions may be pushing U.S. regulators to consider increased safeguards to protect the banking industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Will Clinton’s SMB Plan Trump Trump?
July 11, 2016

In a battle for the hearts and minds of SMB owners headed into the home stretch of this election season, Hillary Clinton has unveiled a sweeping set of proposals that would give power to small players. Here's how those ideas stack up against Donald Trump's.

Regulation
IRS Going After Facebook’s Offshore Tax Tactics
July 11, 2016

Social networking giant Facebook has seen federal tax officials seek a court order to access internal corporate records that have to do with the company’s offshore tax strategies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
NEC Bringing Facial Recognition Payments To Point Of Sale
July 11, 2016

Aiming to expand the uses for its biometrics authentication technologies, NEC Corp. recently announced that it has launched a series of trials for cashless payment services that rely on facial recognition technologies. The trials, which started in late June and will be completed at the...

Security & Fraud
Apple iPhones Being Held Hostage For Ransom
July 11, 2016

An online attack geared toward computers is making its way onto iPhones, holding affected users’ phones hostage. 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...

Security & Fraud
105 Nabbed In Malaysia Credit Card Fraud Ring
July 11, 2016

Late last week, The Register reported that 105 suspects of credit card fraud were arrested in Asia and Europe after a cybercrime ring was busted by authorities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Facebook Messenger Begins Encryption Rollout
July 11, 2016

The social network giant is moving forward with an end-to-end encryption option for its Messenger service. 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...