News

Breach Round Up
Breach Focus Turns To Credit Bureaus
April 04, 2014

In the past couple of weeks, Target and its security assessor have faced scrutiny over the breach Target experienced at the end of last year. Hit with a lawsuit by two banks one day, the institutions a week later dropped the litigation without saying why....

Financial Inclusion
Merchants Pile On Deals To Woo Tepid Consumers
April 04, 2014

There was a time that Americans consumption of staple products – toothpaste, soap, toilet paper – was an area one could always count on for consistent growth, but in recent memory this has not been true.   For the last three years, sales of staple consumer...

Mobile Commerce
Another One Bites The Dust: Google Wallet Exec Departs Project
April 04, 2014

Yet another executive has left the Google mWallet project. This time director of product management at Google Walllet Peter Hazlehurst, has departed the company, reportedly to pursue opportunities outside of payments entirely. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
PayPal Here Expands mPOS in Australia
April 04, 2014

In the coming month Australian small business will have a chance to accept credit card payments more easily, thanks to an assist from PayPal.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

News
Bank Of America Considers $800M Settlement In Credit Card Case
April 04, 2014

Bank of American is in talks with the Consumer Financial Protection Bureau (CFPB) to settle allegations that the company misled consumers in purchasing credit products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Bitcoin Shop Adds Dogecoin Acceptance To Its eCommerce Platform
April 04, 2014

Virtual currency eCommerce marketplace Bitcoin Shop on April 3 announced it has begun accepting payment processor GoCoin’s dogecoin cryptocurrency. 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...

P2P Lender SoFi Secures 80M In Series C Funding
April 04, 2014

Peer-to-peer lending service SoFi has recently announced securing $80 million in a Series C funding round led by Discovery Capital Management, with Peter Thiel, Wicklow Capital and existing investors participating. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Merchant Innovation
Enterprise Infrastructure Specialist Boundary Raises $22 Million
April 04, 2014

A firm called Boundary that monitors the performance of companies’ technical infrastructures to help their applications and services stay online reportedly has raised $22 million in a Series C funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Controversial
Congress Weighs In On Bitcoin For SMBs
April 04, 2014

Lots of folks have opinions on the pros and cons of Bitcoin, and last week, the House Committee on Small Business heard various views on the benefits and risks associated with small businesses dabbling in the cryptocurrency. Get the Full Story Complete the form to...