News

Feds Charge Ring Behind Massive Consumer Data Heist
March 10, 2015

The U.S. Department of Justice has brought federal charges against three people who have been accused of being the masterminds behind a cyber fraud ring in connection to a case that involves a billion stolen email addresses, Reuters reported. Get the Full Story Complete the...

How SEQR Turns All Media Into A Third Retail Sales Channel
March 10, 2015

Today, trade consists of two sales channels: physical stores and online.But what mobile wallet SEQR, provided by Seamless, sets out to do with Shop Spot is provide create a third sales channel — from every type of media. The feature targets merchants, brands and media,...

Cook: Apple Watch Poised To Propel Apple Pay
March 10, 2015

Apple’s “Spring Forward” event yesterday (March 9) provided more than just a dose of promotional jargon for its new lineup of products like the gold Macbook and Apple Watch. Instead, it gave the world a new scoop about Apple Pay’s growth, which CEO Tim Cook and...

FTC Criticizes Vagueness Of Consumer Privacy Bill
March 10, 2015

As the Federal Trade Commission looks to work with the White House to tighten data security laws, consumer protection officials have been both proponents and critics of the Consumer Privacy Bill that was released last month from the White House. Get the Full Story Complete...

China’s Cross-Border Payments System Nearing Launch
March 10, 2015

China is one step closer to launching its international cross-border yuan payments system, reported Reuters, which cited unnamed sources who indicated the move could occur as soon as September or October. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

10 Ways To Leave Cybercriminals In The Dust
March 10, 2015

Cybercrime is on the rise, as are its associated fraud rings that are now more immune than ever to the multitude of fraud prevention tactics out there. But is there a way to fight the criminals’ intelligence with even more sophisticated intelligence? Ken Jochims, Director...

Convicted Silk Road Leader Wants Retrial
March 10, 2015

Ross Ulbricht, the convicted creator of the Silk Road online drug bazaar, is set to be sentenced in May, but his lawyer has filed a motion in New York federal court requesting a retrial, CryptoCoinsNews reported. Get the Full Story Complete the form to unlock...

Will Samsung Pay Waive Merchant Fees In The US?
March 10, 2015

Samsung won’t be charging anyone for Samsung Pay when it rolls out the mobile payment service in Korea — not card issuing banks and not payment processors, Business Korea reported on Monday (March 9). Get the Full Story Complete the form to unlock this article...

News
Korea Switching To Chip-Only Card ATMs
March 10, 2015

South Korea has officially cut off the use of magnetic-stripe payment cards for getting cash at ATMs, according to English-language newspaper, The Korea Herald. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...