News

Regulation
Treasury Slaps MasterCard With Flagged Iran Bank Violation
March 17, 2016

The second-largest U.S. payments network in the United States has found itself in some hot water with the Treasury Department. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Turning UK Mobile Payment Awareness Into Usage
March 17, 2016

While more than 90% of surveyed U.K. consumers know about mobile payments, that doesn’t mean they are going contactless. Morgan Beard, Strategic Marketing Director at TSYS, sat down with PYMNTS to discuss what U.K. consumers really think about mobile payments and the 3 things that...

Payment Methods
ACI Worldwide, Verifone Pair On Pan-European Card Payments
March 17, 2016

Payment and banking solutions technology provider ACI Worldwide said on Wednesday (March 16) that it is linking up with Verifone, which provides payments and commerce solutions, to deliver what the two firms said is a “comprehensive pan-European card payments platform” tailored to Auchan Group, which...

Europe’s $30B Stock Exchange Merger Deal Reached
March 17, 2016

The London Stock Exchange Group has agreed to merge with Deutsche Börse, a deal that will take place in an all-stock transaction, the companies said on Wednesday (March 16). The merger would create a European equity listing powerhouse that would have global reach and would...

CFPB
CFPB Director’s Semi-Annual Report Sparks Debate
March 17, 2016

Commentary published on Wednesday (March 16) by National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger may signal a contentious debate over assertions by the Consumer Financial Protection Bureau (and Director Richard Cordray) that the CFPB does not need to make a greater effort to exempt...

Payment Methods
JPMorgan, Citi Shareholders Will Vote On Breakup Proposal
March 17, 2016

In the past, the catchphrase has been “bigger is better” in banking, and now, the converse may be true. 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
Guilty Plea Entered In Celebrity iCloud Hacking Case
March 17, 2016

It was called “The Fappening.” It was a day that would live in infamy, because everyone everywhere got to see nude photos of a host of celebrities, but instead of celebrating, the world collectively said, “Ew, gross.” Get the Full Story Complete the form to unlock...

Mozido Secures Mobile Wallet Music Streaming Partner
March 17, 2016

Mozido is hearing the music — or, at least, helping consumers pay for it — in India. 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,...

Merchant Innovation
TGI Fridays, Fast Casual Food To Cater To Millennial Expectations
March 16, 2016

Every generation has to eat, but every generation doesn’t have to eat the same way. Whole Foods and other retailers capitalizing on the at-home health food craze were able to get out in front of millennial eating trends — or, at least, start riding at the...