News

Cybersecurity
How Home Depot Got Hacked
November 07, 2014

Home Depot on Thursday (Nov. 6) reported that, in addition to the data for 56 million payment cards that was stolen, thieves also grabbed 53 million customer E-mail addresses. How was this all done? New details on that confirmed that “criminals used a third-party vendor’s...

Cybersecurity
More Bitcoin Busts
November 07, 2014

On Thursday (Nov. 6), U.S. federal officials trumpeted that they had shut down a Web site that used Bitcoin transactions to try and hide $8 million a month in illegal drug and illegal services trafficking. Get the Full Story Complete the form to unlock this...

B2B Payments
WEX And Titan Team Up On Software For Fleet Managers and Petroleum Retailers
November 07, 2014

WEX Fuel Management and Titan Cloud Software are pairing up on software products for petro retailers and fleet managers. 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...

B2B Payments
Will The Switch In Congressional Leadership Change The Trade Outlook For U.S. Business?    
November 06, 2014

After months of horse-race coverage the results are in and Republicans have taken control of the United States Senate and expanded their control of the House of Representatives. While this will likely change many aspects of U.S policy, for the next two years at least,...

U.S. Bank Expands Corporate Payment Offering To Europe
November 06, 2014

Working with Visa, U.S. Bank is bringing a wide range of card-based—as well as cardless—corporate payment offerings to European customers. That includes a new program to offer its corporate purchasing cards in Europe. The bank will be the first in the continent to offer Visa...

Apple Pay
Apple Pay May Be Dragging NFC and Google Wallet Forward in Its Wake
November 06, 2014

Apple Pay is driving NFC volume up and pulling Apple’s NFC rivals along with it, according to preliminary reports.  In a speech this week, a Walgreens executive–Deepika Pandey, group vice president, digital marketing & customer experience—said that her chain has seen in-store NFC payments double...

How To Make Big Data Fast Data
November 06, 2014

What’s the point of having access to “big data” if it takes too long to turn it into actionable data? Retailers today don’t have the luxury of long cycles to collect, share and analyze incoming customer data given the pressure to make quick decisions to...

Cross-border Payments
How Rakuten’s Strategy Differs From Amazon
November 06, 2014

Rakuten has been referenced as the “Alibaba of Japan,” and though it didn’t gain the same attention as the Chinese e-Commerce giant in the third-quarter earnings season, the Tokyo-based e-commerce and Internet company had its own set of solid figures in the global marketplace as it reported a stronger...

Online and Mobile Still Not That Popular For Holiday Shopping
November 06, 2014

As merchants push to be the top online retailer leading into the holiday shopping rush, November’s Chain Store Guide Consumer Spending Report shows a majority of consumers won’t be shopping online or using their mobile device to make purchases this holiday season. Get the Full Story Complete the...