News

News
India IT Firm Picks Up eCommerce Provider Kallidus For $120M
April 27, 2015

Infosys, an India-based consulting and IT firm, recently announced it has paved its way further into the digital eCommerce market with the acquisition of U.S.-based Kallidus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

News
DDoS Attacks Cost Banks Up To $100K Per Hour
April 27, 2015

Denial-of-service attacks against financial networks are increasing, and recent reports say they’re costing banks as much as $100,000 per hour, according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fortumo Grabs Google EMEA Payments Chief
April 27, 2015

Mobile payments startup Fortumo has hired Google payments veteran Tim Carter as its chief revenue officer, the company announced on Friday (April 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

MasterCard’s China Opening
April 27, 2015

MasterCard expects to see increasing demand for its bank-card services now that the Chinese government is opening up the market for interbank transaction clearing services, the card brand’s China chief said last week. Get the Full Story Complete the form to unlock this article and...

Consumers Are Spending On Experiences And Quality, MasterCard Says
April 27, 2015

The Great Recession hasn’t really made consumers spending-averse — but they’re spending in significantly different ways. That’s the word from MasterCard Advisors’ senior VP Sarah Quinlan, whose analytics team sifted through billions of retail purchases to figure out why retailers aren’t seeing better results, The...

Mobile
Cheddar Up Simplifies Paying Band Fees And School Club Dues
April 27, 2015

Cheddar Up has rolled out a new version of its app for collecting money from groups — and for once that doesn’t mean yet another way for friends to settle up tabs at bars and restaurants. Instead, the app is designed to simplify collecting money...

Controversial
Shake The PYMNTS Magic 8 Ball
April 25, 2015

While you might have missed it, this week the finest tool designed by man to predict the future made its triumphant return to the market in digital form. We are referring, of course, to the Magic 8 Ball, which is now available to help you...

Why FinTech Startups Get The Scraps Of Bank Investment
April 24, 2015

The financial technology sector is one of the hottest investment spots in the game, but you won’t often find banks jumping in on the action, according to a new report that surveyed 40 FinTech startups across 23 nations. Get the Full Story Complete the form...

SWIFT Streamlines B2B Payments With Data Portal
April 24, 2015

Data is critical to the successful operation of any business, but in the age of the Internet of Things and Big Data, many small businesses are often drowning in information without anyway to sort or analyze it. Get the Full Story Complete the form to...