Discover announced yesterday (June 16) that it is closing its mortgage origination business bought in 2012, a move which will reportedly result in laying off about 460 employees. Charges related to exiting the business are expected to be approximately $0.04 per share. Get the Full...
Chip & PIN Solutions, a U.K.-based terminal provider has tapped TNS to deliver its wireless POS connections to enable its terminals to provide its merchants with real-time transaction reporting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Retail and marketing services company Connexity, parent company of shopping price-comparison site ShopZilla, announced yesterday (June 16) its acquisition of PriceGrabber, a retail lead-generation platform and network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Over 600 million Samsung mobile device users may be at risk due to a significant security threat, according to researchers at mobile security specialist NowSecure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In the first congressional hearing since the U.S. announced that the data of 4 million current and former federal employees had been compromised, the head of the U.S. Office of Personnel Management stated 10 million intrusion attempts are thwarted in an average month. Get the...
Managed cloud company Rackspace and Zipline Labs, a mobile payments platform, said Tuesday (June 16) that Zipline will use the Rackspace platform to power its application and API. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
ATM manufacturer NCR Corp. (NCR) seems to be responding to its shareholders’ recent calls to go on sale. Blackstone and Carlyle, the world’s two largest private equity firms, are joining forces to acquire NCR, reports Reuters. Get the Full Story Complete the form to unlock...
Under pressure from new regulations and their customers, banks are seeing overdraft frees fall and taking some of their profitability down with them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Technology has created a world in which consumers expect to have their needs met instantly – be they shopping online for goods, searching for information, or any number of such behaviors. The scope of this “instant society” has come to include the financial services industry,...
