On the fifth anniversary of the Credit CARD Act, several leading consumer-advocacy groups now say more needs to be done to reign in debit and prepaid card fees. Among the chief targets are overdraft fees. Not so fast, say opponents to such moves, including the...
Just as companies diversify to grow and succeed, so, too, are data thieves. New research from security firm Trustwave shows how personal information such as customer records increasingly are on crooks’ malware radar screens.
As part of a new government plan to reduce money laundering, cash transactions between businesses in Israel will be limited to 5,000 shekels ($1,400) by law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A House Energy and Commerce subcommittee on May 22 held a hearing to discuss a bill it introduced that day that would enhance state and federal enforcement of fraudulent patent-demand letters, which the retail industry says costs the economy $30 billion a year. Get the...
Meu Dinheiro Claro, the JV signed by telco Claro (AMX) and Bradesco, one of major banks, was able to add a new tool which allows customers registering via mobile vs. visiting the store and which is expected to boost adoption. Get the Full Story Complete...
Could bitcoin be settling down? Will the Fed regulate it? Do consumers pay more when they use it? Oh, where can bitcoin now be used that might surprise you? Get caught up in this weeks, bitcoin news.
In February government-nervous crypto-currency enthusiasts were given a boost when Federal Reserve Chair Janet Yellen said that she did not think the Fed could regulate bitcoin. Her reasoning at the time was that given bitcoin’s status as a financial tool that evolved and existed largely...
New HSBC service is designed to provide greater convenience and transparency in foreign cash management. An undisclosed German company’s Chinese subsidiary will deliver HSBC’s product to firms within the Shanghai Pilot Free Trade Zone.
Going forward, merchants using the BlueSnap global payment gateway will have access to Avalara’s AvaTax capabilities. This will allow merchants to calculate the final tax amounts on international invoices from their existing workflow in an automated way. Get the Full Story Complete the form to...
