Not everything worth investing in happens in Silicon Valley! At least last month, in the B2B space, Atlas Venture in Cambridge, Mass, lead the charge by taking part in three major funding rounds at Button, Captricity and Freshbooks. Their large investment in Freshbooks continues to...
Treasury Department oversight of non-bank money-remittance businesses would be more streamlined by reducing duplication of regulatory reviews with states under a bill now awaiting President Obama’s signature. The bill also could save remittance companies millions by not have to go through duplicative state and federal...
The countdown to EMV continues to run down, as of the publication of this article there will be (August 5) there are less than 500 days until EMV adoption will be required, and it is looking increasingly likely that credit unions will be missing the...
In a statement released Monday (August 4), restaurant chain P.F. Chang CEO Rich Federico confirmed that the data breach reported in early June 2014 affected 33 locations at the chain nationwide. The cyber attack hit the Chinese bistro’s payment card processing systems and cybercriminals were...
Apple has been rumored to be close to supporting NFC for more than four years, with Apple never doing it. That ambivalence is critically important, as the aggressive pilot-happy demographic that loves the iPhone is exactly the audience that NFC needs to woo. As long...
Walmart.com is embracing the three key E-Commerce shuns–customizations, localizations and mobilizations—as it tries to push it’s strongest advantage against Amazon: more than 11,000 physical stores staffed by some 2.2 million associates. Given that it is an advantage that Amazon can’t touch, why not flex those...
Card losses in Europe are increasing sharply, according to a new report by Euromonitor International, which plotted payment fraud across the continent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
WearYouWant has a novel solution for a problem facing e-commerce vendors across the developing world. Thailand has high mobile penetration—nearly half of all citizens have a mobile device—and social media is popular. However natural a fit for e-commerce the countries like Thailand may seem, however,...
Across the U.K. contactless payments seem to be heading down a path toward ignition as consumers made 19.7 million contactless transaction in May 2014. That represents an eighteen percent over the previous month and a 35 percent upswing in use year-to year. Get the Full...
