There is almost nothing in life worse than having to publicly deliver on high expectations. A situation that the good people at First Data (FDC) learned rather directly last week. Before the opening bell was rung, some speculated that First Data’s IPO would attract enough...
Building off what Citi calls a successful launch of its Citi Payment Exchange three years ago in the U.S., the bank has launched its payment-processing solution north of the border. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
French security tech and smartcard maker Oberthur Technologies has announced it is heading for an IPO on the Euronext Paris exchange. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Apple App Store is suddenly a lot lighter, as hundreds of iOS applications have been taken down from the platform in the wake of disclosures that they were accessing users’ personally identifiable information. Get the Full Story Complete the form to unlock this article...
The Federal Trade Commission is warning of a series of scams aimed at taking advantage of consumers who have yet to receive their chip cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
WEX Inc., the corporate payments company, will buy Electronic Funds Source LLC from Warburg Pincus, the private equity firm, in a deal worth as much as $1.4 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A recent news release from Merchant Customer Exchange (MCX) on Friday (Oct. 16) gave another indication that CurrentC is getting closer to launch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Ripple's CTO sees promise for its interledger protocol as banks and enterprises demand payments speed and security.
MasterCard announced yesterday (Oct. 19) that it will integrate its tokenized checkout experience within MasterPass, which will provide the security benefits of tokenization for online and in-app shoppers who use MasterPass. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
