News

News
CFPB Targets Checking
October 09, 2014

The CFPB is worried about checking, particularly consumers’ access to it.  In remarks recently released by CFPB head Richard Cordray, he affirmed the basic necessity of access to banking products for the American consumer. Get the Full Story Complete the form to unlock this article...

Guess Why Mobile Shoppers Abandon Carts
October 09, 2014

New research recently released by Contract Solutions indicates that customers abandon their digital shopping carts when their mobile experiences aren’t met. Although at first glance that result can seem on par with an announcement by astronomers that night is dark or a summer prediction from meteorologists...

Mobile Commerce
Mobile Payments Expand in UK with Zapp
October 09, 2014

Zapp wants to make real-time mobile payments – in store, online and through apps – an option in the U.K..  It wants to get there by integrating its system into bank apps and tapping into the Faster Payments rails. Get the Full Story Complete the...

Why Email Could Be the Missing Link to Selling Online
October 09, 2014

The idea of email marketing might seem slightly less exciting when put next to something like a beacon-prompted push notification on a cool mobile device when near a physical store. But @Pay CEO John Killoran says that mobile buying has, to date, been a tremendous...

Square Uses Geolocation To Keep Coffee Hot
October 09, 2014

Square is merging the two things every payments geek needs: geolocation and making sure that your coffee is served hot and fresh. (For many payments firms, “fresh” is measured in months, but let’s not go there.) Get the Full Story Complete the form to unlock...

New Cyber Attacks On Euro ATMs
October 09, 2014

A new very sophisticated set of attacks on European ATMs—using malware that has now spread to U.S. ATMs—involves knowing the time of day when the ATM malware is expecting instructions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Europe
Citigroup, HSBC Also Targeted In Chase Attack
October 09, 2014

The details are continuing to leak out from the massive Chase attack this summer, with the New York Times now reporting that a dozen other financial institution were attacked, including Fidelity Investments and E*Trade, which were “victimized in some way by the attacks.” Get the...

Is PayPal Being Impacted By Apple Pay?
October 09, 2014

Shifting technology, new alliances and skepticism among young consumers are creating risks — as well as opportunities — for PayPal, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments in Retail Payments Rocks October
October 08, 2014

$130M in financial activity. Included an array of investment types – VC funding, private placements, etc. Of that total, almost all was driven by strategic or venture –backed investments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...