News

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...

B2B Payments
SMEs’ $3B Security Blunder
May 04, 2016

Small businesses are increasingly targeted by cyberthieves looking for easy prey. A new report from JAVELIN has uncovered the price of being an easy target. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

PayMe Taps eInvoicing Into Early Supplier Payments
May 04, 2016

A new solution from invoice finance firm Aztec Exchange wants to get suppliers on board with early payments, a way for suppliers to get paid faster for their outstanding invoices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...