Payments vendor Charge Anywhere has confirmed a data breach that may have exposed payment card numbers dating back to late 2009, Bank Info Security reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
NACHA’s new proposal for same-day ACH payments got a warm reception Tuesday (Dec. 9) from the big banks that helped kill a similar proposal in 2012, according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In the latest attempt at an IBM-Apple product marriage, the two companies on Wednesday (Dec. 10) unveiled IBM MobileFirst, an iOS enterprise app package that, according to a statement issued by the two firms, “bring IBM’s big data and analytics capabilities to iPhone and iPad...
Jack Dorsey, the founder of both Twitter and Square, rebels against the Wall Street quarter-to-quarter mindset and plans to keep investing in Square until he sees fit to shift it to profitability. In an interview with the New York Times, Dorsey bridled when asked about...
Looks like lots of folk will be leaving eBay—voluntarily or not—as it prepares for next year’s spin-out of PayPal. The company is preparing “at least 3,000” layoffs, which amounts to about 10 percent of its workforce, the Wall Street Journal is reporting. And eBay CEO...
There are now more indications that mobile purchases are now hitting the “more than 50 percent” tipping point. On Monday (Dec. 8), China mobile payment leader Alipay reported that—for the first time—more than half of its transactions were mobile. On Wednesday (Dec. 10), U.S. pizza...
For the first in its five-year history, Square reported on Wednesday (Dec. 10), it’s sellers processed more than $100 million in sales in a single day. And that day was Friday (Dec. 5). Get the Full Story Complete the form to unlock this article and...
The prospect of an Apple Pay Alibaba deal got a lot more likely on Tuesday (Dec. 9) when Alibaba’s Alipay payments unit said that it will now allow users to authenticate their accounts with the iPhone’s fingerprint sensor instead of a password, indicating, according to...
After eBay splits from PayPal, Ebay CEO John Donahoe now plans to quit eBay’s board but remain on PayPal’s board, Recode reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
