News

Can LoopPay Make The Future Of POS Security Possible Today?
December 19, 2014

Exactly one year ago today (December 19, 2014) Target announced that its point-of-sale system had been breached and that the data associated with approximately 40 million credit and debit card accounts was now available for purchase on the black market. At the time, it seemed...

News
Online Sales Up Double Digits
December 19, 2014

Ecommerce spending for 2014’s holiday period in the U.S. is up 15 percent from 2013 so far, with $42.5 billion in spending from desktop computers through Dec. 15, according to comScore. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
Sprint Faces CFPB Lawsuit Over “Cramming” Fees
December 18, 2014

The CFPB’s crusade against bill packing, wherein consumers bills are laden with charges for services they neither requested nor approved, rolls on, now with telecom provider Sprint as its target. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Mozido Acquires CorFire
December 18, 2014

America’s greatest musical treasure Elvis Presley once sang that what he needed was “a little less conversation, a little more action,” a motto that the team at Mozido seems to have taken to heart. In a year-ending surprise, the Austin-based cloud platform mobile payments and...

Cybersecurity
Retail Associations Take Their Concerns To Capitol Hill
December 18, 2014

Five retail trade organizations including the Food Marketing Institute, National Association of Convenience Stores, National Grocers Association, National Restaurant Association, National Retail Federation and the Retail Industry Leaders Association have written to the United States Comptroller of Currency and the Senate Banking Committee to clear...

Cybersecurity
Almost Half Of Americans Have Been Sent Breach Notifications
December 18, 2014

When breach notification letters become as common as holiday cards and promotional flyers from the local grocer, they tend to lose any impact. That’s the concern being raised following poll results released Wednesday (Dec. 17) from the Wall Street Journal and NBC News that showed...

Mobile Commerce
PayPal Exec Jumps To Facebook, But There’s More Going On Here
December 18, 2014

A PayPal executive has jumped shop to Facebook but, like almost all job changes, it’s not necessarily what it looks like. What might seem like an early exodus due to panic before the eBay/PayPal split planned for next year might be something much more innocuous....

Apple Pay
Apple Now Has Apple Pay Team In London
December 18, 2014

Apple Pay launched for the U.S. market but it’s been clear the company wants to have a global presence. That global launch may already been in the works as Apple has an Apple Pay team in London to help it expand the mobile wallet’s reach across...

News
GoBank Removes Friction From Its Prepaid Option
December 18, 2014

GoBank has put the connivence factor of mobile banking back in its product and removed the burdensome starter kit initially needed to activate the service, BankInnovation.net reported. GoBank — the mobile-first bank account from the prepaid company Green Dot Bank — initially started selling starter...