PYMNTS Features

Wells Fargo M-Banking Customer Growth Up 19 Percent
April 15, 2015

While Wells Fargo posted a slight profit dip in its first-quarter earnings that were reported yesterday (April 14), on the mobile side of its banking business, the number of customers is growing at a strong rate. Get the Full Story Complete the form to unlock this article...

India’s MoneyOnMobile Sees 27 Percent Processing Jump
April 15, 2015

MoneyOnMobile is continuing to ignite India’s mobile money scene — topping 131 million users in March, the company announced yesterday (April 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

US Commerce Secretary: Cybersecurity Concerns Can’t Trump Trade
April 15, 2015

While on a visit to China yesterday (April 14), U.S. Secretary of Commerce Penny Pritzker said cybersecurity measures must be addressed outside of trade regulation agreements, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
CFPB Suit Accuses Loan Company Of Targeting Low-Income Residents
April 15, 2015

A former H&R Block tax preparer and a refund-anticipation loan company in New Mexico that allegedly cheated poor Navajo residents out of a quarter-million dollars are being sued by the U.S. Consumer Financial Protection Bureau and the Navajo Nation, the CFPB announced on Tuesday (April...

Cybersecurity
Massive Cyberattacks Still Use Same Old Tricks
April 15, 2015

Did it seem like 2014 saw an unprecedented surge in cyberattacks and breaches, with a whole array of new attacks? That simply isn’t the case, according to the 2015 Verizon Data Breach Investigations Report, which Verizon Enterprise released on Tuesday (April 14). Get the Full...

News
Consumers’ Dollars Now Dining More Than Grocery Shopping
April 15, 2015

For the first time ever, U.S. Commerce Department data show that Americans are spending more on dining out than they are at the grocery store, Bloomberg News reported on Tuesday (April 14). Get the Full Story Complete the form to unlock this article and enjoy...

UK Banks May Be Underreporting Cyber Fraud
April 15, 2015

Roughly 80 percent of online crime in the U.K. goes unreported, and only about 4 percent gets an adequate police response –in part because banks would rather close their eyes to the problem, City of London Police Commissioner Adrian Leppard has confirmed. Get the Full...

News
Tax Refund Season Could Jump Retail Sales
April 15, 2015

It looks like two-thirds of U.S. consumers will get an income-tax refund this year, and almost half of them will spend it on goods and services, according to survey results out this week from the International Council of Shopping Centers (ICSC). Get the Full Story...

Amazon Prime Inventory Hits 33M Products In Q1
April 15, 2015

Amazon Prime’s product selection just keeps getting bigger. The $99-a-year service now offers free two-day shipping on a total of 33 million physical and digital products, including 13 percent of Amazon’s physical inventory, according to a report from R.W. Baird on Tuesday (April 14). Get...