Non-cash payments ticked up 10 percent in 2013 to 366 billion transactions, pulled along by intense growth in developing markets. According to RBS data, nearly a quarter of all global non-cash transaction growth–that’s about 93 billion transactions–happened in those developing markets. China remains less developed...
In some ways, 2014 has been the year of the retail/bank hack. Though Target capped off 2013 with the largest security breach in history, it was unable to even hold its crown for a full year before the Home Depot chased it from the throne....
There are many theories about what’s really getting in the way of faster forward progress in the B2B payments innovation arena. But Dean Leavitt, CEO of Boost Payment Solutions, thinks that it’s nothing more complicated than educating suppliers who often have a very different perception...
The Stripe Connect platform has gotten a major vote of confidence from General Catalyst Partners. The firm is set to invest $10 million for market-changing business and apps built on the Stripe API. Get the Full Story Complete the form to unlock this article and...
There’s only one thing that you can really count on when it comes to online fraud: as soon as a better lock comes along, a better lock pick does too. That’s at least the perspective of Drew Luca, Partner and Co-lead of PWC’s U.S. Payments...
Dwolla hit the market with a simple enough goal: build a scalable, global payment network capable of taking on national automated clearing houses and card schemes. The goal is and was to create an easy and low cost way to move money. With $9.7 million...
Anyone who has ever said that there is no such thing as too much security when it comes to data on mobile devices has clearly never worked for federal law enforcement. U.S. Attorney General Eric Holder followed up the announcement of his resignation last week...
The PayPal/EBay separation is a story of contradictions. eBay says that the fast pace of the payments space—and the huge recent changes (Apple Pay and Alibaba’s IPO)—require a move right away: So they’re saying that they will separate by the end of 2015. Get the...
Supervalu has discovered a second data breach—a “separate intrusion” potentially launched by a different sets of cyberthieves—that hit many of its grocery stores. The chain did, however, report a silver lining: Security upgrades from the first attack minimized damage from the second attack. But it...
