Ingenico is combining its European business, or Euro-SEPA, and its Transaction business under a new entity managed by Pierre Antoine Vacheron. The initiative builds off Ingenico’s acquisition and integration of Ogone. The new payment service will focus on both offline and online transactions. “Recent business...
During an interview in late January, Discover Financial Services CEO David Nelms suggested the company soon may enter the student loan refinance. Speaking with American Banker, Nelms confirmed that Discover was considering the move. ”I do think it’s likely that we’ll be launching a [student...
New Zealand’s Westpac says is working on a new banking app for Google Glass. The app will allow users to check their account balance while on the go and without the need to actually log into the bank’s online system, Finextra reported on Feb. 3. “By the...
New evidence suggests that an underground cybercrime ring — or rings — may be involved in the merchant-data breaches taking place recently. The fact that point-of-sale malware can be acquired with relative ease on the Internet, as well as signs from security officials that multiple...
U.S. Bancorp has confirmed it is working on a new mCommerce platform called Peri. The bank previously outlined the app in a YouTube video, which showed how consumers may use Peri to make quick purchases online. The app will make mCommerce simpler for consumers, Dominic Venture,...
Two security experts have shared a recent experience investigating the BlackPOS malware that is at the center of the growing merchant data-breach crisis. In an interview with KrebsOnSecurity, a technology security blog that has been investigating the data breaches, Tom Arnold and Paul Guthrie of cybersecurity...
U.S. Sen. Elizabeth Warren (D-Mass.) has voiced support for a new public-banking program to be administered by the U.S. Postal Service (USPS). “If the Postal Service offered basic banking services — nothing fancy, just basic bill paying, check cashing and small dollar loans — then...
Foursquare has received a $15 million investment from Microsoft. As part of the deal, Microsoft received a multi-year licensing deal for Foursquare’s location data, the company said in a Feb. 4 blog post. The $15 million will be included in the money Foursquare raised in December....
Target acknowledged this week that the holiday season point-of-sale malware attack continue for longer than previous admitted. Target CFO John Mulligan’s included the revelation in his testimony for an appearance before the Senate Judiciary Committee. He wrote that 25 POS machines were discovered to be...
