News

Security & Fraud
IoT Security Firm Locks In Unicorn Valuation
January 22, 2016

It’s almost an accepted inevitability that the Internet of Things will one day rule the world — or, at the very least, retail. With such promise behind it, it’s almost shocking to think that more IoT startups haven’t broken through the $1 billion valuation ceiling. Get...

Digital Banking
Fiserv Expands Digital Banking Services With Acquisition
January 22, 2016

Fiserv, a global provider of financial services technology solutions, is preparing to expand its suite of digital banking and payments offerings by acquiring the assets of ACI Worldwide’s Community Financial Services (CFS) business. Get the Full Story Complete the form to unlock this article and...

Starbucks Transactions Now 21 Percent On Mobile
January 22, 2016

Quarter after quarter, Starbucks’ earnings remind everyone why CEO Howard Schultz can, time and time again, call his coffee company the “undisputed leader in mobile commerce.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Mobile Commerce
Big Banks Say ‘Yes’ To SWIFT’s X-Border Payments Initiative
January 22, 2016

SWIFT, the collective that spans more than 10,800 financial institutions, banks and corporate customers, said Thursday (Jan. 21) that 45 new banks have signed on to the global payments innovation initiative. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Blockchain Startup Digital Asset Holdings Bags $50M In Funding From FinServ’s A-List
January 22, 2016

Founded by former JPMC thought leader Blythe Masters, Digital Asset Holdings (DAH) has snapped up $50 million in funding in its latest round. The investment opportunity attracted a host of fairly well-known names in financial services, including Citi, Deutsche Börse and Santander InnoVentures. Get the Full...

B2B Payments
Bending The Rules Of SMB Card Spend
January 22, 2016

SMBs need flexibility in running their day-to-day operations – with the option to cover emergencies, or expand resources. Here’s how American Express is making credit cards scale to the needs of SMBs as they grow.

B2B Payments
MyECheck Brings Real-Time Payments To Government Services
January 22, 2016

MyECheck, which develops and licenses cloud-based technology geared toward the banking and mobile payments industry, said Thursday (Jan. 21) that it is entering into an agreement with General Payment Systems, a payment processing outfit that is leveraged to the government payment space. Get the Full Story...

News
American Express, Facing Sharper Competition, Sees Rocky Road In 2016
January 22, 2016

The payments giant delivered mixed results for the fourth quarter and somber guidance. It’s cutting expenses by $1 billion over the next two years, but will that be enough?

Using Social Biometrics To Fight Fraud
January 22, 2016

There are many ways to trap fraudsters and stop them in their tracks. One of newest arrows in the quiver is Social Biometrics – using a person’s digital footprint to validate digital identity. Socure CEO Sunil Madhu sat down with PYMNTS to discuss why adding...