News

News
US And UK Will Stage Cyber Attacks Against Banks
January 19, 2015

The U.S. and U.K. will hold joint “cyber wargames” to improve cooperation between the two countries. But President Barack Obama stopped short of endorsing British Prime Minister David Cameron’s campaign to outlaw encryption for phones and email that law enforcement wouldn’t be able to penetrate,...

Europe
In Russia’s Wake, Belarus Wants Visa And MasterCard Alternatives
January 19, 2015

Just days after Russia’s central bank said both MasterCard and Visa are back in its good graces, the payment-card giants are being prodded by the central bank next door. President Alexander Lukashenko of Belarus said the National Bank of Belarus should look for alternatives to...

2015 Retail Sales Will Rise 4.5 Percent, Kantar Says
January 19, 2015

The outlook for the retail industry in 2015 looks bright, with lower gasoline prices and decreasing unemployment boding well for consumer spending, Kantar Retail is predicting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Are Payment-Card Breaches Already Being Reported In 30 Days?
January 19, 2015

Are businesses that suffer payment-card breaches already reacting to last week’s push by the White House to speed up disclosures? For the third time in the past week, a notable breach has been publicly disclosed within 30 days. Get the Full Story Complete the form...

News
Credit Union Regulator Will Pay For Losing Audit Data
January 19, 2015

Three months after examiners from the National Credit Union Administration lost a thumb drive containing names and account numbers of a credit union’s members during an audit, the federal regulator said it will reimburse the credit union for its costs in the breach, Bank Info...

Unmasking Dread Pirate Roberts — The Bitcoin Edition
January 17, 2015

If only Piper Chapman’s girlfriend, the protagonist in the Netflix series, “Orange is The New Black,” knew the alleged Dread Pirate Roberts and his Libertarian bitcoin Web project, Silk Road, maybe she wouldn’t have had to ask Piper to carry the suitcase full of drug money...

Alternative Finances
Razzies, Russia and Raining On The Miners’ Parade
January 16, 2015

Bitcoin Tracker | Week 56 Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive...

Big Banks Bet On Mobile Transactions
January 16, 2015

How important is mobile payments for the U.S.’s biggest issuers? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

MasterCard Selects New Exec To Lead Global Prepaid Solutions
January 16, 2015

Effective on January 15, MasterCard has appointed Michael Fiore as group executive of Global Prepaid Solutions, according to a company release. Fiore will lead the ongoing development and execution of the company’s global prepaid strategies in his new role.