CEO Gregg Steinhafel has agreed to step down five months after the data breach compromised 40 million customers.
Living up to its name, peer-to-peer lending marketplace Prosper has just closed a $70 million funding round led by Francisco Partners, with Institutional Venture Partners and Phenomen Ventures participating. This brings Prosper to almost $150 raised to date, and represents a strong rebound for a...
Bitcoiners-the nebulous pot of investors, miners, tech enthusiasts and libertarians – are a very serious group of people. Dogecoiners, not so much. Named for a mispronunciation of the world “dog,” dogecoin is the brain child of Jackson Palmer, a marketing professional at Adobe, who claimed that...
Wells Fargo is bringing their commercial card portfolio to Europe by launching the European Commercial Card. With a European card, commercial card payments in pounds, sterling or euros will be easier to process, track and report. Get the Full Story Complete the form to unlock...
Payers and providers nationwide are considering a number of new reimbursement modes, including bundled payment options. Bundled payments aim to reduce the costs of administering healthcare and to encourage higher-quality care through shared risk. The model offers several benefits: for payers, the potential to cut...
The Electronic Payments Association brought its Government Relations Advisory Group (GRAG) together for a two-days of meetings with Capitol Hill and financial industry leaders. Members of GRAG, include leaders from large and small financial institutions and Regional Payments Associations across the country, will meet with...
The Irish Government is unsure if paying social welfare electronically will save the government money. The concern is because of the anti-fraud measures that must be developed, as well as future-proofing the system. Get the Full Story Complete the form to unlock this article and...
What begins with an 'A' and is the biggest threat to the payments networks since Judge Leon? ACH. I know, you thought we were going to say Apple. But the Paym launch in the UK got MPD CEO Karen Webster to thinking about the impact...
In a move that sounds surprisingly similar to an admission of defeat at the hands of novel hackers, anti-virus software maker Symantec has declared its intention to get out of the breach prevention end of the the anti-virus game, and instead moving its focus to...
