News

eCommerce
Flipkart’s Valuation Slashed 23 Percent
March 03, 2016

The valuation battle over tech companies continues — this time, and most recently, 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,...

Security & Fraud
ATM Hacker Behind $55M Computer Scheme Pleads Guilty
March 03, 2016

In the denouement to a breathtaking cash heist, the brains behind a hacking ploy that grabbed $55 million pleaded guilty in a Brooklyn Federal Court to bilking ATM machines globally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

InterComputer’s B2B Intercommunications Push
March 03, 2016

In B2B, as in life, communication is important to getting things done right — on budget and on time. With the latest version of its PrivateBusinessDrive software, InterComputer is streamlining the way businesses, large and small, talk to, and transact with, each other.

Point of Sale
Inadvertently Converting mPOS Adoption Into Business Growth
March 03, 2016

Beyond retail, businesses have found mPOS to be compelling technology that allows them to run better and even fuel growth. In this month’s mPOS Tracker™, featuring five new players and 12 updated player profiles, we talk with a general contractor — someone in a decidedly...

Credit Unions Get Burnt By Wendy’s Data Breach
March 03, 2016

Earlier this year, it was reported that Wendy’s, America’s third-largest burger chain, was investigating a possible data breach impacting locations in the midwestern United States, as well as some on the East Coast. Get the Full Story Complete the form to unlock this article and...

Payments Innovation
Visa Grows Emerging Markets Footprint With Planet Payment
March 03, 2016

Visa is partnering with Planet Payment, Inc., an international payment processing and transaction service, to deploy an easy-to-use payment processing solution for acquirers and merchants in growing markets around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Future Of Grocery Tops Target’s Analyst Day
March 03, 2016

At Target’s 2016 Financial Community Meeting — also known as its Analyst Day — held yesterday (March 2) in New York and presented online, company executives covered a lot of bases — not the least of which was a focus on the grocery business. Get the Full Story Complete...

Alternative Finances
Wirecard Brings New Prepaid Visa Card To Market
March 03, 2016

German payments firm Wirecard announced Wednesday (March 2) the launch of its new Visa prepaid card called mycard2go. 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...

CFPB
CFPB Hits Dwolla With $100K Fine Over Data Security Practices
March 03, 2016

The Consumer Financial Protection Bureau said Wednesday (March 2) that it has taken action against Dwolla, an online payment platform company. The enterprise, said the bureau, deceived consumers about the firm’s data security and the safety of its payment platform. Get the Full Story Complete...