The Apple App Store is suddenly a lot lighter, as hundreds of iOS applications have been taken down from the platform in the wake of disclosures that they were accessing users’ personally identifiable information. TechCrunch reported Monday (Oct. 19) that SourceDNA, an analytics firm, found...
The Federal Trade Commission is warning of a series of scams aimed at taking advantage of consumers who have yet to receive their chip cards. In a blog post on the agency’s site, the FTC said that scammers are emailing would-be victims, presenting themselves as...
WEX Inc., the corporate payments company, will buy Electronic Funds Source LLC from Warburg Pincus, the private equity firm, in a deal worth as much as $1.4 billion. The Wall Street Journal reported on Monday (Oct. 19) that under the terms of the agreement, WEX...
A recent news release from Merchant Customer Exchange (MCX) on Friday (Oct. 16) gave another indication that CurrentC is getting closer to launch. MCX announced it was adding Buy It Mobility Networks’ (BIM) ACH payments to CurrentC — the mobile payments app being created by the consortium of big...
MasterCard announced yesterday (Oct. 19) that it will integrate its tokenized checkout experience within MasterPass, which will provide the security benefits of tokenization for online and in-app shoppers who use MasterPass. By using its MasterCard Digital Enablement Service, MasterCard can provide the fully tokenized experience for...
Netflix said last week that “involuntary churn” hit its U.S. subscriber base as chip and PIN changeovers shut down subscriptions and payments. But the company seems a lone voice in the wilderness amid a deluge of new cards across businesses large and small that have...
Last week, U.K. bank giant Barclays was reported to have signed not one, but two contracts with startups that are working to implement blockchain technology into the global market. One of those startups is Wave, which graduated from the TechStars FinTech accelerator program last week,...
Some workers across the U.S. were left without their paychecks last week thanks to a glitch in the RushCard system, reports said late last week. Reports throughout last week said some employees had been unable to access their paycheck for several days because of the...
SAP has a foothold in the major corporate software market, but according to industry experts, its small business enterprise resource planning tool is garnering massive attention these days. Reports by TechTarget late last week said SAP’s ERP tool for small and medium-sized enterprises, Business One, is...
