News

Alternative Finances
Apparels Industry B2B Relations Changing With Economic Times
August 13, 2014

In the apparel industry, suppliers are taking on a bigger role in retailers’ product management. One apparel sector expert see suppliers as becoming more of an inventory manager for their retail clients. Accounts-receivable factoring also is taking on increased importance as retailers seek greater controls...

Merchant Innovation
TGI Fridays Pushes Pay By QR Code
August 13, 2014

TGI Friday’s wants to help consumers get in and out of their restaurants a little faster, and is using QR codes to do it.  As part of a series of upgrades to facilities in select locations across the nation, Friday’s has added scannable QR codes...

Financial Inclusion
Who Doesn’t Want Automated Fraud Alerts?
August 13, 2014

A recent FICO survey found that 91 percent of those surveyed were happy to receive automated messages to verify purchases with their payment cards, FICO’s Philip Doyle reported in the credit-scoring company’s Banking Analytics Blog. Get the Full Story Complete the form to unlock this...

B2B Payments
VeriFone Sells Global Bay
August 13, 2014

Supply-chain commerce vendor Manhattan Associates has acquired GlobalBay Technologies from VeriFone, the companies said on Tuesday (Aug. 12). Financial terms of the transaction were not disclosed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
CPOs: Why They’re Struggling With New Risk Duties
August 13, 2014

New research shows the duties of procurement staffs evolving, with ever-more responsibilities over supply risk management in coordination with various other departments within their company. Most firms, however, haven’t caught up with the times, leaving CPOs and their staffs with basic risk-management tools. PYMNTS.com takes...

Alternative Finances
JP Morgan Prepping Bitcoin Alternative
August 13, 2014

JP Morgan Chase is reportedly trying again to patent a system for a Bitcoin alternative, according to columnist Ian Allison in the International Business Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Merchant Innovation
Have PayPal, Will Gamble?
August 13, 2014

PayPal is considering rolling the dice on the online gambling marketplace. According to reports first published in Online Poker Report’s daily news letter, and followed-up on Twitter, sources have told OPR’s Chris Grove that PayPal is investigating a return to processing payments in the U.S....

Breach Round Up
Russian Cyberthief Indicted For Chase, Capital One, Citibank Attacks
August 13, 2014

A Russian national has been indicted for a series of cyber attacks against financial institutions (including Chase Bank, Capital One, Citibank and the Boeing Employees’ Credit Union) and retail POS in the U.S., as well as for running various carding forums that resold payment card...

Company Spotlight
TSYS Enables Enterprise Tokenization
August 13, 2014

TSYS announced yesterday that it released its Enterprise Tokenization solution to secure payment card information for online, mobile, and digital wallet transactions, according to a company release.