News

News
Attorney General Eric Holder Defends Operation Choke Point Investigations
June 24, 2014

The Justice Department is moving forward with more cases against banks and payment processors as part of a far-reaching investigation of those who enable businesses deemed morally questionable and legally dubious. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Alternative Finances
Ousted Target CEO Gregg Steinhafel Struggling Long Before Breach
June 24, 2014

Days before the news broke that Target CEO Gregg Steinhafel was leaving the company, a select group of his executive team met to craft a simple but ultimately devastating message about the already wounded chief executive—that it was him or them. Get the Full Story...

B2B Payments
Report: Rwanda Guilty Of ‘Inappropriate Procurement’ Methods
June 24, 2014

The Rwandan auditor general released a report that claims the nation’s government spent FRw6.4 billion (£5.6 million) through “inappropriate procurement” methods. The data that was investigated included state finances for the year ended June 30, 2013. Get the Full Story Complete the form to unlock...

News
The Rise Of The Wearables
June 24, 2014

“Token” is the latest in the wearable technology trend that is starting to take the world by storm. 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...

Controversial
Report: Domestic Payment Schemes Offer Key Advantages Over Visa and MasterCard
June 24, 2014

Russia’s move to create a national payment card scheme may not be simply a political ploy. A new report suggests local payment networks also provide lower-cost options to international payment networks, and they can offer products and services better suited for local needs.

News
Heartbleed’s Heartache: Not Over Yet
June 24, 2014

While the infamous Heartbleed virus reared its ugly head back in April, a recent report showed that over 300,000 unpatched servers could still be at-risk. According to Errata Security’s Robert Graham, efforts to patch remaining systems are slowing drastically. Get the Full Story Complete the...

Will Alibaba Raise $26B In Its U.S. IPO?
June 24, 2014

The latest forecast from Morning Star is out for Alibaba’s IPO, and it is a whopper. According to The Wall Street Journal, the firm puts Alibaba’s equity value at $220 billion and predicts that the Chinese e-commerce mega-retailer’s IPO has raised $26 billion. Get the Full...

B2B Payments
Study: Hospitals Want Payer Partnerships
June 24, 2014

A recent report from ITG Market Research interviewed hospital executives to see how those organizations view their financial performances and what new approaches and healthcare IT solutions are being utilized to cut costs and capture value from efficiency and quality control tools. Get the Full...

B2B Payments
Dubai Adds Electronic Links To Government-Vendor Payments
June 24, 2014

Dubai’s government is continuing its efforts to make its systems “smarter” by taking paper out of its invoicing and payroll activities. Under an agreement with Dubai Islamic Bank, vendors now may send their government invoices through the financial institution for processing, speeding the process and...