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Hospital Breach Reveals Bank Nightmare
August 25, 2014

The theft of 4.5 million patient records from a Tennessee hospital chain should have banks worried about both fraud from identity theft and the security of their own networks, according to American Banker. Get the Full Story Complete the form to unlock this article and...

Merchant Innovation
Control of Rocket Internet Shifts
August 25, 2014

Rocket Internet, the German startup incubator launched in 2007 by Alexander, Marc and Oliver Samwer, has swapped 2.5 percent of its ownership to a longtime investor in its portfolio companies, according to TechCrunch. Get the Full Story Complete the form to unlock this article and...

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Coin’s All-In-One-Card Troubles
August 25, 2014

Coin, the device that looks to stand as an electronic replacement for credit and debit cards, is coming to market.  It will just be arriving somewhat later than originally forecasted. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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AmEx Agrees To Pay Millions For Unauthorized Interest Hike
August 25, 2014

American Express will pay between $4 million and $6 million to settle claims that it increased consumers’ fixed-interest rates to a higher, variable rate without permission or notification, Law360 reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Karen Webster
Who’s On Your 2014 Fantasy Payments Team?
August 25, 2014

Even though the official end of Summer isn’t for another few weeks, the impending turn of the calendar pages from August to September sure signals that summer is over  . If that isn’t enough, the signs of Fall are also in great abundance: kids are...

Merchant Innovation
Is Delivery Finally Ready To Deliver?
August 25, 2014

2014 is shaping up to be the year that the internet decided the best thing it could do is make sure that consumers never had to wait for anything again. Delivery-on-demand for just about everything is now available—Amazon and Google are both going after grocery,...

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Russian Bank Embracing China UnionPay Cards
August 25, 2014

Russia’s Laitbank is expected to begin issuing 10,000 China UnionPay cards this month, according to Ria Novosti. 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...

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Bank Costs Climb As Regulators Push For AML And Sanctions Compliance
August 25, 2014

As government financial regulators push harder for compliance with sanctions and anti-money-laundering laws, some of the world’s biggest banks are beginning to disclose the costs of meeting those demands, according to the Financial Times. Get the Full Story Complete the form to unlock this article...

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Omnichannel Buyers Prompt A Shift In Seller Strategy
August 25, 2014

Just as train commuters can get off at any time at stops along their journey, businesses in today’s omnichannel environment similar have greater choice in choosing with whom to buy for their enterprise needs. Helping derail the traditional buyer-sellers relations include social distractions, competitive touchpoints,...