NFC chipmaker NXP Semiconductors said it expects mobile wallets to be in half of new smartphones by the start of 2016 — and China will be the leading market, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy...
California’s legislature is considering a license for Bitcoin exchanges that would require maintaining bank-style reserves against possible losses, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Several large U.K. banks may be at risk because of a security hole in their two-factor authentication systems, and regulators aren’t acting to deal with the problem, a security research company has revealed. Get the Full Story Complete the form to unlock this article and...
Organizations representing banks and credit unions have expressed support for a revived effort to replace the director of the Consumer Financial Protection Bureau with a five-member commission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
U.S. banks and their customers remained the top targets for financial malware in 2014, even as the infection rate for trojan-style attack software was cut in half, according to a new report from Symantec. Get the Full Story Complete the form to unlock this article...
By the end of 2018, U.S. card-not-present fraud losses are expected to reach $6.4 billion. While the U.S. migrates to EMV to help prevent card-present fraud, the fraudsters are migrating their focus to the online world. Organized crime rings are increasingly nabbing funds in jaw-dropping,...
In an announcement released this morning (March 4), Citibank said that it has signed a “new and expanded” deal that will align debit and credit cards issued by Citibank with the MasterCard network for the next ten years. The effort to align the Citi portfolio with the MasterCard...
When Google revealed earlier this year that it was pulling Google Glass from tech store shelves, it was a surprise for many, considering the hype the wearable technology built up over the years. Get the Full Story Complete the form to unlock this article and...
As it becomes ever more apparent that the business-to-business sector often demands the same services and buying experiences as those within the business-to-consumer market, some service providers are taking their successes within their B2C operations and offering them to the B2B side. Get the Full...
