News

Merchant Innovation
Retail Bedfellows Roundup: eBay Gets Busy, Alibaba Gets Angry (Birds)
May 13, 2016

It might have made sense, according to the rules of retail a decade ago, to keep your friends close and your enemies closer, but the pace of play and rising consumer expectations of 2016 make it obscenely hard for any company to go it alone....

Big Retail Problems, Small Format Solution?
May 13, 2016

As traditional retail continues to flail, brick-and-mortar chains are looking everywhere for a remedy. Sears is the most recent company to address a very big problem with a small solution, planning to open smaller format specialty stores, while closing down larger locations. Can expansion-via-compression turn...

Security & Fraud
Another Bank Hit In A Malware Attack, According To SWIFT
May 13, 2016

It looks like hackers have, once again, found a way to gain access to the SWIFT messaging system. 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...

Wendy’s Confirms Payments Breach
May 13, 2016

It took longer than expected from a company in the business of delivering its product quickly, but Wendy’s has at last opened up about getting hit with a credit card breach. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Mobile Commerce
Green Dot Board Nominee Debate Heats Up
May 13, 2016

In a continuance of a battle over board of director nominees, Green Dot (GDOT) is taking its fight to the masses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
The Bottomline On UK B2B Payments
May 13, 2016

Much is made of the consumer and payments. But, in the U.K., corporate payments are catching up, especially with a new pact between Bottomline and Barclays that helps promote payments among the supply chain — through mobile devices.

FDIC In The Data Breach Hot Seat
May 13, 2016

Following a slew of recent data breaches, the U.S main banking regulator is in the hot seat about how notifications following the breaches were handled. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Fintech Investments
Indian SMB Online Lending Platform Raises $25M
May 13, 2016

Capital Float, an India-based FinTech startup aimed at helping SMBs gain access to loans, announced on Thursday (May 12) that it closed a $25 million Series B funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
SWIFT CEO Says It’s Not Responsible For Hacks
May 13, 2016

In light of the events surrounding the $81 million Bangladesh central bank heist, SWIFT has stepped forward to clarify that it does not hold any liability for fraudulent transactions originating from cyberattacks on its customers’ networks. Get the Full Story Complete the form to unlock this...