Target’s databreach is the gift that keeps on taking. Almost eight months after the chain disclosed its huge databreach, it’s still paying for the cleanup. Target announced Tuesday (Aug. 5) that for its current quarter, which ended Aug. 2, another $148 million in cleanup costs...
The fact that electric cars can travel much less far on a charge than most traditional cars can travel on a tank of gas is not merely a convenience issue. Those frequent and predictable charge station visits can reveal quite a bit about the consumers...
Keeping with its track record of announcing its newest phones in early September, such that they are ready to fall into the hands of holiday shoppers starting in October, Apple will likely be announcing its new iPhone at an event already scheduled for October 9,...
Online crooks are getting more sophisticated by the second. Nowadays, fraudsters have the ability to conduct “clean fraud,” obtaining legitimate identities of users from the black market or data breaches to compromise a victim’s card account. Malware, too, is becoming more sophisticated both in the...
“There are a million good ideas out there,” says Marc Gardner, President and CEO of North American Bancard, a mobile commerce platform that powers PayAnywhere. Gardner gave PYMNTS a tutorial on how to turn “a million good ideas” in payments into an innovation homerun –...
During the second quarter, consumer confidence globally climbed a point, to the highest it has been since the first quarter seven years ago. The confidence, however, doesn’t appear to be playing into payments players’ favor, however. Visa, for example, says its numbers don’t show yet...
Starting this month and running through November, the World Bank is launching global consultations on its proposed reforms for the national procurement of goods and services. The potential reforms are for projects funded by the World Bank and, so far, the response has been largely...
Not everything worth investing in happens in Silicon Valley! At least last month, in the B2B space, Atlas Venture in Cambridge, Mass, lead the charge by taking part in three major funding rounds at Button, Captricity and Freshbooks. Their large investment in Freshbooks continues to...
Treasury Department oversight of non-bank money-remittance businesses would be more streamlined by reducing duplication of regulatory reviews with states under a bill now awaiting President Obama’s signature. The bill also could save remittance companies millions by not have to go through duplicative state and federal...
