News

Wells Fargo Pulls The P2P Plug
January 21, 2014

Wells Fargo has informed its employees that they may not offer loans through peer-to-peer (P2P) platforms. 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 to our daily...

Ex-PayPal Marketing Chief Joins NewComLink
January 21, 2014

NewComLink has hired a former PayPal marketing chief as its new chief marketing executive. 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 to our daily newsletter, PYMNTS...

Breaches Prompt Union First To Reissue Cards
January 21, 2014

Seeking to reduce the impact of the recent Target and Neiman Marcus data breaches, Union First Market Bankshares is reissuing all affected credit and debit cards to customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Sears: Mobile-Offer Redemptions Skyrocket
January 21, 2014

Sears’ mobile campaign has proven a big hit with the retailer’s customers. 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 to our daily newsletter, PYMNTS Today. By...

NRF: Breach Issue Requires Federal Action
January 21, 2014

The National Retail Federation has called for a new federal cyber law and other steps to stem the tide of retail data breaches. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

LG To Launch Fingerprint Reader
January 21, 2014

Later this year, LG will release a new line of smartphones that includes a fingerprint ID scanner. 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 to our...

2 Men Arrested In Target Investigation
January 21, 2014

Federal authorities have revealed the arrest of two men at the U.S.-Mexican border as part of the ongoing Target data breach investigation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Appeals Court Now Mulling Debit-Rate Decision
January 20, 2014

A federal appeals court on Jan. 17 heard arguments over whether a federal judge’s ruling that the Federal Reserve’s 21-cent debit-interchange rate cap is too high. In the contentious dispute between merchants, who want the cap reduced, and card issuers, no one seems happy. Even...

Appeals Court Now Mulling Debit-Rate Decision
January 17, 2014

Players on both sides of the fence on Friday got the chance to air their positions in front of an appellate court over whether to overturn a federal judge’s ruling last summer that the 21-cent debit-interchange cap that took effect in 2011 was too high....