News

In Depth
PAYMENTS 2014 Update
March 27, 2014

NACHA’s April 6 – 9 PAYMENTS 2014 will feature more than 130 educational sessions and plenty of networking opportunities specifically geared toward payments executives and professionals. Find out more here and make plans to attend.

Alternative Finances
Discover’s Parikh Taking Prepaid To New Bounds
March 27, 2014

Discover Financial Services has a long history of trying to do things differently, starting out with the Cashback Bonus for card transactions and no annual fees. In doing so, it doesn’t try to emulate what’s occurring in the marketplace. Since taking prepaid responsibilities at Discover...

Hmmm
Walmart Files Suit Against Visa – Again
March 27, 2014

Wal-Mart Stores Inc., which made a name for itself in the payments industry almost two decades ago when it led a class-action lawsuit challenging the “honor-all-cards” and debit card interchange policies of Visa and MasterCard, is at it again. The mega-retailer this week filed a...

CEO Series
“EMV ‘A Swear Word’”
March 27, 2014

In her commentary column in the March 24 PYMNTS newsletter, Market Platform Dynamics’ CEO Karen Webster asked whether now is the time to hit the pause button on EMV.  She’s not alone in sharing that view, as more payments-industry insiders are wondering whether the push for...

Exclusive Series
TabbedOut Expands Its Executive Team
March 27, 2014

Mobile-payment app provider for the food and beverage industry TabbedOut named several new executive to its team.

News
Report: Data Breaches Reach Nearly Half of All Financial Accounts
March 27, 2014

Financial institutions have been substantially impacted by the recent data breaches, according to recent survey data released by ACI Worldwide.

News
Circle Internet Raises $17 Million In Series B Funding
March 27, 2014

Digital currency company Circle Internet Financial says it has raised $17 million in funding from new investor Oak Investment Partners along with Breyer Capital, Accel Partners and General Catalyst Partners and others.

News
Most B2B Suppliers Intend To Invest In Analytics: Survey
March 27, 2014

Almost 80 percent of supply chain business representatives view analytics as either being very or moderately important, with most intending to increase investment in the area, according to a survey by MHI, an international trade association for the material handling and logistics industry.

News
Virtual Currencies Leave An Impression On Europe’s Central Bank
March 27, 2014

Virtual currencies were a topic of discussion at the European Central Bank/Banca d’Italia Workshop on Interchange Fees earlier this week.