News

Amex Gives Merchants EMV Chargeback Break
June 23, 2016

American Express has announced changes to its EMV chargeback policy in order to ease the transition as merchants migrate their POS systems to be EMV-compliant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
kwik Challenges Amazon With The Push Of A Button
June 23, 2016

An Israeli-based startup is seeking to challenge Amazon’s Dash Button by developing its own “one-tap” smart button delivery service, announcing Wednesday (June 22) that it has secured $3 million in seed money from Norwest Venture Partners and other investors. Get the Full Story Complete the...

Fed Regulators Eye SMB Lending
June 23, 2016

The online lending landscape may get rockier as federal regulators are eyeing whether to bolster their oversight on loans extended to small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
The Nitty-Gritty Of Suspicious Activity Reporting
June 23, 2016

A recent guest blog presented by G2 Web Services explores the obligations acquirers and third parties have when it comes to filing a Suspicious Activity Reporting (SAR) form if there is any suspicion of transaction laundering. Get the Full Story Complete the form to unlock...

Investments
Circle Snaps Up $60M To Take On Chinese Market
June 23, 2016

Circle — a popular social payments app — has just picked up $60 million in new funding that will allow it to make some big steps in China with the creation of a new, Beijing-based company: Circle China. Get the Full Story Complete the form...

Mobile Commerce
Mobile Advertiser Faces Fines For Illegally Tracking 100 Million Phones
June 23, 2016

The U.S. Federal Trade Commission has announced $950,000 in fines for Singpore-based InMobi. The digital advertising firm tracked the locations of hundreds of millions of consumers without permission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Socure Secures Santander Investment
June 23, 2016

Santander InnoVentures, a FinTech venture capital fund, announced on Wednesday (June 22) that it is making a strategic investment in identity verification platform Socure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
NY Regulator Uncovers Banks’ ‘Serious Compliance Failures’
June 23, 2016

A number of financial institutions that, in the past, had settled misconduct charges levied by the New York State financial regulator have now gone off the wagon, so to speak, and have been identified as having committed “serious compliance failures,” that agency has determined. Get...

Security & Fraud
Bangladesh Said To Sever Ties With FireEye
June 23, 2016

After an almost four-month investigation into one of the world’s biggest bank cyberheists, which has yet to reach any major breakthroughs, Bangladesh’s central bank may choose not to renew its contract with cybersecurity firm FireEye. Get the Full Story Complete the form to unlock this...