News

B2B Payments
When Cybercrooks Target ERP Platforms
August 07, 2014

Who would have thought that malware placed in handheld product scanners could jeopardize the security of enterprise resource planning (ERP) platforms? But a Chinese manufacturer stands accused of conducting such an attack, enabling firmware in the devices to harvest businesses’ financial and customer information and...

B2B Payments
Luring Travel Spend: Will Seamless Mobility Attract T&E Dollars
August 07, 2014

Recent reports show that revenue for the business travel industry is rising. With more companies sending employees across the globe and back, some cities are making their own preparations for increased travel spend. How can cities actually make the travel process seamless for the corporate...

Mobile Commerce
Mobile Wallet Meets Social Media Identity Theft
August 07, 2014

It comes as no surprise that people tend to share a lot—far too much, most likely—on social media. But one company is flagging that when consumers combine mobile wallets with a very sharing-oriented social persona, identity theft problems are inevitable. Get the Full Story Complete...

Controversial
By The Numbers: Malware Fraud Heavy, And Rising
August 07, 2014

Financial institutions are well aware of the heightened threat they face from targeted attacks and malicious software campaigns. A new report from Kaspersky Lab puts that reality into numbers, with second-quarter increases in online banking threats and mobile malware. Get the Full Story Complete the...

Europe
UK Mobile P2P Scheme Gets 1M Users In First 100 Days
August 07, 2014

The Paym service seems to be taking off among British banking customers. More than a million users have signed on to use the service, which allows (U.K. equivalent) ACH transfers of funds between mobile numbers. Get the Full Story Complete the form to unlock this...

Merchant Innovation
A Banking App Using Augmented Reality?
August 07, 2014

The terms “augmented reality” and “banking app” are not typically found in the same sentence, but a New Zealand bank app made an exception. Starting in September, customers will be able to manage their accounts “by sliding their credit or debit card under their phone,...

Europe
Blackhawk Lands Another Mobile Gift Card Deal
August 07, 2014

Blackhawk Network is partnering with Barclays Bank to enable merchant gift cards as a choice on the Pingit mobile payments app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
ICC Annual Survey: Trade Financing Improving But Not Quite Recovered
August 07, 2014

Global trade financing is headed back to normal after the trade collapse of 2008-09 — but it’s not there yet. That’s according the data from 298 banks in 127 countries that were surveyed for the International Chamber of Commerce Banking Commission’s annual report on cross-border...

Users Prefer PayPal, Google, Amazon For Digital Identity
August 07, 2014

Employers worldwide are warming up to the idea of allowing workers to bring their own identity (BYOID), even when it comes to logging in for work-related functions. New research jointly supported by CA Technologies and the Ponemon Institute indicates that IT departments are increasingly comfortable...