News

News
Smile! You’re On Stupid Payment Thief Camera
August 08, 2014

One of the challenges for payment card security professionals is that, very often, these thieves are professionals who are highly trained, have substantial operating budgets and are very intelligent. This is not a story about one of them. This is a story about a woman...

Merchant Innovation
5 Billion More Chances To Buy
August 08, 2014

Americans get 5 billion emails a day and 75 percent of them are viewed on mobile devices. @Pay has taken this 30 year old communications tool and turned it into a powerful point of sale. PYMNTS CEO Karen Webster caught-up with @Pay’s CEO John Killoran...

News
FICO No Longer Considering Unpaid Bills, Once They Are Settled
August 08, 2014

In a move that should sharply boost—some might say inflate—consumer credit scores, FICO on Thursday (Aug. 7) changed its policy and will no longer consider an unpaid or late bill, once that bill “has been paid or settled with a collection agency,” The Wall Street...

Europe
Russian Sanctions Prompt Mastercard Lawsuit (You Won’t Believe This One)
August 08, 2014

Diplomacy is a tricky game and imposing financial penalties against nuclear nations can have frightening consequences. That is the lesson learned this week by MasterCard. When the U.S. this summer imposed serious sanctions against Russia, it halted payment card charges and purchases from quite a...

News
Fed G.19: U.S. Q2 Revolving Credit Up 5.4 Percent
August 08, 2014

U.S. revolving credit, which consists mostly of card-based receivables, increased at a seasonally adjusted annual rate of 5.5 percent in the second quarter, which compared with 1 percent annual growth a year earlier, according to the latest Federal ReserveG.19 report released Aug. 7. June’s 1.3...

PYMNTS Bitcoin Tracker: Xapo Users Grumble, Could Overstocks’ Employees?
August 08, 2014

Bitcoin Tracker | Week 35 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 newsletter, PYMNTS Today. By completing this form, you agree to receive...

Report That E-Commerce Firm Fab.com Has Put Itself On The Market
August 08, 2014

Home design e-tailer Fab.com is in talks to be acquired, according to comments its CEO made to Forbes.com. 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...

B2B Payments
Intuit Buys Payroll Specialist PaySuite
August 08, 2014

Given key geographic differences in payroll rules, Intuit has purchased U.K.-based payroll specialist PaySuite, to complete it’s integration into QuickBooks Online. The two firms had been partnering with months. This move is similar to Intuit’s purchase back in May of Invitco, a cloud-based bookkeeping operation...

Why Barnes & Noble Joined Forces With Google
August 08, 2014

Barnes & Noble has partnered with Google to trial same-delivery services in three markets: New York City; West Los Angeles; and San Francisco. The question is how many customers of the struggling bookseller will want a book so badly—and so often—that they would be willing...