News

Security & Fraud
FTC Warns App Developers About Software Privacy Risk
March 18, 2016

The Federal Trade Commission issued warning letters to 12 app developers that have installed software that can monitor the microphones that are part of devices. The software directs the microphone to listen to audio signals that are part of television ads. Get the Full Story...

Merchant Innovation
MasterCard, Bulgari Bring Mobile Payments To Luxury Watches
March 18, 2016

One problem with designing futuristic technology is that many people fall into the assumption that everything must appear to be as high-tech as it actually is. Rather than acquiesce to this gray-jumpsuited, meal-in-a-pill future, MasterCard and Bulgari want to retain some old-world feel in avant-garde...

Is Amazon After An Office Depot Supply Deal?
March 18, 2016

As the Staples and Office Depot merger continues to struggle to overcome the FTC’s attempts to block the deal, a new player in the drama has emerged: Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Why FedEx Says Amazon Can’t Compete
March 18, 2016

Can Amazon go head to head with FedEx? Not according to FedEx. 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...

TFCU Picks ProPay For Pay-by-Text Loan Payments
March 18, 2016

ProPay has been tapped by a credit union to expand its members’ options for making loan payments. 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...

Uber And Green Dot Launch Mobile Banking For Drivers
March 18, 2016

When Uber and its drivers’ paychecks are usually discussed, it’s with both sides devolving into a shouting match over unfair labor practices and contract worker status. Today, at least, there’s news that everyone can feel good about. Get the Full Story Complete the form to...

International
Will This Rally Be A House Of Cards?
March 18, 2016

Stocks and commodities – especially energy – have jumped from lows seen not all that long ago. But caution would well serve those tempted to ride the wave of a dovish Fed and momentum that could suddenly be undone by larger concerns.

Merchant Innovation
OT Nabs Swiss Partner For Wearable Payments
March 18, 2016

If there’s one thing that smartwatches haven’t quite figured out yet, it’s how to make the most of their technology within the confines of a form and design that customers want to show off. So far, many smartwatches have abandoned the classic aesthetics of luxury...

Security & Fraud
Amex Alerts Cardholders Of 2013 Data Breach
March 17, 2016

American Express has disclosed a data breach that occurred more than two years ago and is actively encouraging customers to monitor their accounts for fraudulent activity. The scope of the December 2013 breach remains undisclosed at this time. Get the Full Story Complete the form to unlock...