According to the latest data from Visa Europe, one in five in-person card transactions are now being made with a contactless card. That translates to roughly 3 billion tap-and-pay transactions in Europe over the course of the last 12 months, tripling levels from a year...
The Lending Club saga has had reverberations across the pond, according to Reuters. 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....
Uber is writing a new chapter in its estranged relationship with its driver community. 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...
In April 2015, Walmart SVP and Assistant Treasurer Mike Cook told CNNMoney that the EMV rules, as they were being implemented in the U.S., were a “joke.” Cook’s view was that giving signature and PIN equal weight in authenticating the consumer at the point of...
The supercomputer is taking on cybercrime. 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 this form, you agree to...
During a recent meeting in Basel, Switzerland, to discuss the $81 million cyberheist at the central bank of Bangladesh, representatives from the Federal Reserve Bank of New York, Bangladesh Bank and SWIFT agreed to work together to track down the stolen funds. Get the Full...
The fallout from Lending Club’s admissions of improper loan sales earlier this week might come in the form of chilly reception for the firm’s investment and loan sales, The Wall Street Journal stated on Tuesday (May 10). Get the Full Story Complete the form to...
Old habits die hard. For firms moving beyond the trail of dead trees and letting go of paper checks, virtual card payments hold promise, in accuracy, speed and security. MPD CEO Karen Webster talked to two AOC Solutions executives, Kevin Woods and Steve Tackett, to...
Cybercriminals often work in teams; why shouldn’t the companies that are fighting back against them? That’s the thought process made reality by Visa and FireEye, whose first product together — Visa Threat Intelligence — launched last month. Both companies — including Visa’s Mark Nelsen and...
