United Parcel Service said that 51 of its franchised UPS Stores suffered a payments-related data breach affecting about 105,000 payment transactions between January and August, according to the Wall Street Journal on Wednesday (Aug. 20). Get the Full Story Complete the form to unlock this...
In the wake of the payments-related data breach at the Supervalu grocery chain, the company has been hit with a class-action lawsuit, Bank Info Security reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Amazon’s Fire smartphone appears to be off to a slow start, according to one analyst that tracks activity growth using ad impressions — and the cause may be the fact that the Fire is only available from AT&T, C/Net reported. Get the Full Story Complete...
Though available for less than a decade, peer-to-peer lending has been growing rapidly, a new report from the Federal Reserve Bank of Cleveland points out. Demand for the concept is particularly strong among consumers consolidating their card debt, as bankcard interest rates tend to be...
Wells Fargo plans to invest in technology startups focused on payments, fraud and bank operations, and will run a boot camp for up to 20 startups this year. The accelerator program will offer both mentoring and equity investments ranging from $50,000 to $500,000, the bank...
Worldwide, the use of convergent smart card programs is one the rise, according to new research from ABI. Convergent smart cards allow businesses or governments to combine a series of different use-types under a single card or device. An increasingly popular application of this technology...
Thumbtack, a site that connects consumers with artists, plumbers and singing coaches, connected itself with $100 million from the Google Capital fund, the search engine’s later-stage investment operation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Although some public retail companies this week reported better second-quarter same-store results than others, for varying reasons, the mood among the merchants’ executives was good. Helping drive those feelings are positive economic signs from July that have continued into August, while some, such as Target,...
Uber on Wednesday (Aug. 20) officially rolled out its API along with a list of 11 launch partners. 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...
