According to the National Retail Federation, merchants rely on the holiday season to generate 20 to 40 percent of their annual revenue, which means suffering the largest retail breach in history (at the time) four days before Christmas is the retail equivalent of a plague...
It looks like the sale of H&R Block’s bank business to BoFI Holdings will be on hold for the rest of the year, as regulators have essentially bounced back the application. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Payments, particularly the technology side of the ecosystem, has many players who love visibility. Apple Pay’s was announced with a level of theatricality normally reserved for summer blockbusters, PayPal’s 2014 has been operatic, Alibaba exploded onto the NYSE, bitcoin has suffered three or four “doomsday”...
Two weeks in and several bug reveals (and patches) later, iOS 8 is not seeing the speedy adoption that Apple’s previous mobile operating systems have enjoyed. According to data released on Apple’s website and spotted by MacRumors, 47 percent of those carrying Apple mobile devices...
Smart, fast-moving, adaptable and flexible. No, we’re not talking about the latest payments innovator, we’re talking about the cybercrook. They’re finding new ways to wreak havoc with payments. But what if there was a way to fight the crooks’ intelligence with even more intelligence? On...
While not all major retailers have proven to master an effective omnichannel strategy in today’s increasingly mobile world, some players are further along than others. Macy’s and Nordstrom’s, for example, have significantly upped their sales by offering new products, discounts and coupons in the store,...
Global financial-messaging network SWIFT will not unplug either Russia or Israel from the system unless the European Union officially adopts appropriate sanctions, the organization said on Monday (Oct. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
TSYS has announced upgrades to its online self-service solution for commercial cardholders, TSYS CentreSuite, as part of a multi-staged transformation currently underway. The redesign is aimed at upgrading the user experience and providing greater performance and functionality to issuing banks and administrators. Get the Full...
Currently, banks are still processing about 85 percent of all international payments. At the same time, for many organizations looking to gain a global presence, international payments are often too complicated, and banks’ pricing isn’t transparent, says Mike Laven, CEO of Currency Cloud. In a...