News

Fraudsters Scam ADP
May 04, 2016

Payroll giant ADP has suffered a security breach in which hackers have stolen tax and salary information, according to a report from Krebs on Security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Bluefin Expands Visa Data Secure Platform Merchant Reach
May 04, 2016

Bluefin Payment Systems, which offers point-to-point encryption (P2PE) solutions to several industries, including retail and health care, said on Tuesday (May 3) that it will also add the Visa Data Secure Platform (DSP) to its portfolio, through its Decryption-as-a-Service P2PE Solution. Get the Full Story Complete...

Digital Banking
Barclays’ Digital Snafu Angers Customers
May 04, 2016

Last weekend, customers of Barclays Business Banking were dealing with an outage of Barclays.net, which caused a major disruption to payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
SMB Borrowing Dips In March
May 04, 2016

More troubling news on the economic front. According to the Thomson Reuters/PayNet Small Business Lending Index, U.S. SMB borrowing dropped in March, ominously marking the index’s sixth decline in the last nine months. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Moving Banks, Big And Small, To Real-Time Payments
May 04, 2016

Several nations around the globe have been fine-tuning, or readying, faster payments initiatives to bring speed and security to fund flows. Tom Hay, head of payments at Icon Solutions, explains how real-time payments mark the latest generation of, and technical challenge to, financial firms.

B2B Payments
A Tale Of Two (SMB) Surveys
May 04, 2016

Are SMB owners optimistic or not? Depends on which of these two surveys, conducted separately by Chase and Bank of America, you read.

Security & Fraud
Creator Of Bank Hacking Gozi Malware To Pay $6.9M
May 04, 2016

The Russian national behind global banking malware that was responsible for stealing money from bank accounts across the U.S. and Europe was sentenced on Monday (May 2) to the 37 months he has served in custody and to cough up $6.9 million for his crimes....

VocaLink’s New ATM Processing Deal
May 04, 2016

VocaLink has secured a massive five-year deal to provide processing for the LINK ATM network. 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...

Alternative Finances
Facing Tougher Times, Prosper Marketplace Is Making Deep Staff Cuts
May 04, 2016

Big cuts are coming to Prosper Marketplace. According to Wall Street Journal reports, the online lender is shedding 28 percent of its staff and rearranging its executive team. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...