News

International
Citi Reportedly Exiting Asia Payments Business
April 29, 2016

Citigroup is reportedly ditching its Asia payments processing business, according to a Reuters report, which cited sources said to be close to the matter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
Barclays Nixing Card Business In Two Markets
April 29, 2016

In the latest sign of retooling and streamlining, U.K. bank Barclays said that it is selling its Barclaycard credit card units based in Portugal and Spain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

PCI Security Council Targets Data Breach Trends
April 29, 2016

The PCI Security Standards Council said on Thursday (April 28) that it has published a new version of its data security standard (DSS), geared toward data protection before, during and after transactions take place. This version, 3.2, now replaces 3.1, in order to “address growing...

Mobile Payments
Samsung Pay Now Usable At South Korean ATMs
April 29, 2016

Samsung Pay has perhaps come one step closer to freeing the world from the shackles of plastic. 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...

Security & Fraud
How Cybercriminals Exploit Human Nature
April 29, 2016

According to the results of Verizon’s 2016 Data Breach Investigations Report, released on Wednesday (April 27), cybercriminals have become quite adept at using their victims’ human nature against them in order to get what they want. Get the Full Story Complete the form to unlock...

Mobile Commerce
Deliveroo Is Building Kitchens To Bring On-Demand To The Underserved
April 29, 2016

In a global market crowded with on-demand services offering everything from socks, to laundry, to any number of variations on food (pre-cooked, grocery, QSR takeout, fine dining, homemade), it can be paradoxically hard to distinguish oneself. Get the Full Story Complete the form to unlock...

Payments Innovation
Visa Opens Its Developer Sandbox To Startups
April 29, 2016

As part of its second annual Everywhere Initiative, Visa is inviting startups to compete in creating “innovative solutions that solve Visa business problems and drive the future of commerce,” the company announced on Thursday (April 28). Get the Full Story Complete the form to unlock...

Security & Fraud
Philippine Regulators Say Remittance Firm Hid Heist
April 29, 2016

The Bangladesh central bank heist saga 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 this form, you agree...

Regulation
Venmo Is Facing An FTC Investigation
April 29, 2016

The Federal Trade Commission is investigating Venmo in an effort to determine if the P2P service has been involved in “deceptive or unfair practices.” PayPal, Venmo’s parent firm, acknowledged the investigation in an SEC filing yesterday (April 28). Get the Full Story Complete the form...