Payments companies that live in glass houses shouldn’t throw stones at Apple. Shortly after Apple rolled out Apple Pay, PayPal bought a full-page ad in the New York Times to attack’s Apple security rep. The problem is that PayPal has similar security issues. Get the...
Securities fraud charges may be leveled at Western Union if an SEC investigation confirms reports that the world’s largest money-transfer company misled potential investors about how much revenue it expected from its digital unit. Get the Full Story Complete the form to unlock this article...
Samsung and Alipay are partnering on payment biometric authentication, rolling out what the pair calls the first Fast Identification Online (FIDO) ready system in the Far East. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
There’s little debate that Apple Pay is going to sharply boost mobile payment security. After all, replacing signature or a 4-digit shoulder-surfing-vulnerable PIN with a biometric authentication is a big step in the right direction. No authentication system is perfect, but being more secure than...
Alibaba could raise $21.8 million after its huge IPO launched Thursday (Sept. 18) at $68/share. 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,...
Uber must consider to face a lawsuit accusing of forcing customers to pay 20 percent tips for drivers, but then pocketing most of it, after a U.S. federal judge refused to dismiss the civil lawsuit. Get the Full Story Complete the form to unlock this...
There is a school of thought that Apple Pay will end up delivering a huge boost to major card brands, who have been struggling for years to get consumers to seriously try contactless payments. Get the Full Story Complete the form to unlock this article...
In an $8.3 billion deal, SAP is taking over Concur Technologies to strengthen it’s cloud position. The deal is reportedly the largest in SAP’s history, the Wall Street Journal reported, overtaking SAP’s 2010 $7.1 billion acquisition of Sybase. Get the Full Story Complete the form...
Home Depot’s data breach officially stole data from more than 56 million payment cards during a five-month assault. Based on the latest data released from both Home Depot and Target, that number has the Home Depot breach impacting 40 percent more cards than the 40...
