News

Cybersecurity
Senate Committee To Focus On Prepaid-Card Scams
November 20, 2014

A U.S. Senate special committee is looking into scams that use reloadable prepaid debit cards like Green Dot’s popular MoneyPak card to victimize consumers, less than a week after the Consumer Financial Protection Bureau proposed new rules that increase consumer protections for funds stolen from...

News
Target Sees First Profit Boost Since Data Breach
November 20, 2014

Target continues to pay for its massive data breach that occurred during last year’s fourth quarter, but it appears the retailer has nearly recovered from most of the issues stemming from the breach as this year’s third-quarter earnings beat analysts and company expectations for both...

Loyalty & Rewards
Consumers To Beacons: We’re Just Not That Into You.
November 20, 2014

There’s always something to fuel the competition between Samsung and Apple. This time it’s not a debate over devices as much as it is what that device can enable — and specifically one technology: beacons. Get the Full Story Complete the form to unlock this...

Discover Beefs Up Cash Back Redemption Options
November 20, 2014

Discover was a pioneer of cashback rewards when it began offering them to customers in 1986. Fast-forward 28 years and Discover still wants to make it easier for cardmembers to get that CashBack Bonus — anytime and anywhere. Get the Full Story Complete the form...

Coin Shipping At Last To Early Backers
November 20, 2014

Coin gained a hefty fan base with its entrance onto the payments scene last year as a digital wallet that stores multiple payment cards into one device. The product was touted as a secure, convenient way for customers to store all of their cards’ data...

BlueSnap, First Data Partner For Better Global Payments Processing
November 20, 2014

BlueSnap announced Thursday (Nov. 20) that it had formed a new partnership with First Data to process payments around the world in a manner that provides secure cross-border payment capabilities for BlueSnap’s eCommerce merchants. Get the Full Story Complete the form to unlock this article and...

Loyalty & Rewards
BJ’s Rewards Cards Debut On-Demand Checkout Redemption
November 20, 2014

Membership retailer BJ’s Wholesale Club is rolling out a co-branded credit card with rewards that its members can redeem on-demand when checking out at BJ’s stores, the company announced on Wednesday (Nov. 19). Get the Full Story Complete the form to unlock this article and...

Mobile Commerce
Holiday Online Spending To Jump 16% To $61B
November 20, 2014

Americans will spend $61 billion on retail ecommerce for the holidays this year, up 16 percent from the same period in 2013, Chain Store Age reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Alternative Credit
OrderWithMe Gets $28M For Pooled SMB Purchasing
November 20, 2014

Las Vegas startup OrderWithMe, which lets small businesses pool their purchasing to get discounts and other efficiencies from suppliers, has raised another $28 million in funding that will be used to support new small-business verticals and launch a new product to bring a new consumer...