The number of overly complex solutions being proposed for payment-card fraud keeps increasing, even though the industry already knows how to solve the problem, according to security blogger Brian Krebs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Alternative lender OnDeck Capital, which focuses on loaning money to small-business borrowers, expects to continue with business as usual after raising $200 million from its IPO on Wednesday (Dec. 17), according to American Banker. Get the Full Story Complete the form to unlock this article...
The U.S. Postal Service’s experiment with Sunday deliveries for Amazon is attracting criticism from both workers and the USPS’s own Inspector General, according to eCommerceBytes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Unveiling a series of proposed new virtual currency regulations for New York state—which will likely be copied by other states and potentially federal regulators as well—Benjamin M. Lawsky, the superintendent of the New York State Department Of Financial Services, said that virtual currency startups need...
Exactly one year ago today (December 19, 2014) Target announced that its point-of-sale system had been breached and that the data associated with approximately 40 million credit and debit card accounts was now available for purchase on the black market. At the time, it seemed...
Ecommerce spending for 2014’s holiday period in the U.S. is up 15 percent from 2013 so far, with $42.5 billion in spending from desktop computers through Dec. 15, according to comScore. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The CFPB’s crusade against bill packing, wherein consumers bills are laden with charges for services they neither requested nor approved, rolls on, now with telecom provider Sprint as its target. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
America’s greatest musical treasure Elvis Presley once sang that what he needed was “a little less conversation, a little more action,” a motto that the team at Mozido seems to have taken to heart. In a year-ending surprise, the Austin-based cloud platform mobile payments and...
Five retail trade organizations including the Food Marketing Institute, National Association of Convenience Stores, National Grocers Association, National Restaurant Association, National Retail Federation and the Retail Industry Leaders Association have written to the United States Comptroller of Currency and the Senate Banking Committee to clear...
