News

Breach Round Up
FBI Reports Bank Breach Limited To J.P. Morgan
September 04, 2014

To the extent that the lack of evidence can suggest anything, the FBI is saying that the cyberthieves who attacked J.P. Morgan Chase did not continue their assaults any other big U.S. banks. Or, if they did attempt such attacks, those attempts were unsuccessful. Get...

Point. Click. Save. Pay.
September 04, 2014

Point. Click. Save. Pay. That describes the experience that Blackhawk Network will enable its physical gift card users to have with their Google Wallets. Storing these plastic cards in a digital Google Wallet only requires that users snap a picture of their card.  (Users can...

Company Spotlight
MasterCard Launches Start Path Class
September 04, 2014

MasterCard announced that it has selected the first class of 7 European start-ups to develop innovative commerce solutions as part of the inaugural MasterCard Start Path accelerator class, according to a company release.

The Amazon mPOS Effect
September 04, 2014

Amazon’s been in the market for about a month with its mPOS solution and theories abound about the impact that it will have on the mPOS ecosystem. Eric Hoffman, SVP and U.S. General Manager for ROAM is pretty bullish on the opportunities that it will...

B2B Payments
The Majority OF The U.K. Gift Card Market Is B2B
September 04, 2014

Pop Quiz: Whole buys most of the gift cards in the U.K? It’s probably not who you would think, in fact, it isn’t who at all.  According to the UK Gift Card and Voucher Association, the majority of the nation’s gift card market is B2B. ...

B2B Payments
Are Canada’s Businesses Really Hoarding Cash?
September 04, 2014

The Bank of Canada claims that Canada’s investment and import-export relationship with the United States has been dwindling over recent years. Previously, the financial institution’s governor, Stephen Poloz, said this was because of Canadian businesses holding onto their cash and refusing to invest in growth...

Breach Round Up
Just About Every Home Depot Store Was Hit With Its Databreach
September 04, 2014

Although the initial reports about the Home Depot databreach indicated the attack was extensive, the latest details suggest the breach seemed to have been chain-wide, hitting virtually every single store in the chain. Get the Full Story Complete the form to unlock this article and...

News
FIS To Acquire Clear2Pay For $493M
September 04, 2014

Brussels-based payments vendor Clear2Pay has agreed to a EUR375 Million buyout offer from FIS, reports Finextra. 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...

The 411 On MCX And Mobile Payments
September 04, 2014

A little more than a year after mobile industry exec Dekkers Davidson took the reins as CEO, The Merchant Customer Exchange (aka MCX) gave us all a little peek into its mobile payments strategy Wednesday (Sept. 3). Get the Full Story Complete the form to...