News

EMVCo Updates Payment Tokenization Specs
March 30, 2016

The global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions has upgraded its specs. 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...

Security & Fraud
Bangladesh Bank Heist Now Involves Casinos
March 30, 2016

As details of the bank heist that allowed hackers to lift nearly $81 million from the central bank of Bangladesh continue to emerge, the story now has a new twist as investigators continue the search for the mastermind behind the attack. Get the Full Story Complete...

India OKs Foreign eCommerce Marketplace Investments
March 30, 2016

If there is one thing every startup needs to succeed — other than an innovative idea — it’s a steady and sizable flow of capital to keep all the gears in motion. On Tuesday (March 29), India took a big step forward in joining the globalized economy,...

Security & Fraud
Malware Strikes Merchants Behind The EMV Curve
March 30, 2016

Cybersecurity firm FireEye warns of the dangers that custom-built malware poses to retailers due to its ability to capture payment card details directly from retail point-of-sale (POS) systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Blockchain / Distributed Ledger
Blockchain’s Next Trillion-Dollar Market
March 30, 2016

The march toward bringing blockchain to new applications and services continues. 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...

An eBay First: FIDO’s eCom Certification
March 30, 2016

EBay is opening up, as it were, to the Fast IDentity Online (FIDO) Alliance — marking a first for any eCommerce company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

CFPB
Debt Collectors Are No. 1 — On The CFPB Complaint List
March 30, 2016

The Consumer Financial Protection Bureau said Tuesday (March 29) that it has released its newest monthly consumer complaint snapshot, which, as per usual, spotlights complaints tied to debt collection. And perhaps to the surprise of no one, the highest-ranking agitator of consumer nerves were the attempts...

Payment Methods
Inside JPMorgan’s Cost-Cutting Strategy
March 30, 2016

In the wake of the volatility that has rocked markets and has forced financial firms, large and small, to examine the way that they do business and preserve margins, banking giant JPMorgan Chase’s corporate and banking operations remain “focused on controlling what they can control...

Partnerships / Acquisitions
TransFirst, ITelagen Secure New Alliance
March 30, 2016

TransFirst, a transaction processing services and payment technologies, and ITelagen, which offers IT and electronic health records support, said on Tuesday (March 29) that they have formed a strategic alliance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...