Banking data-security regulations would be a “poor fit” for retailers and other businesses that accept payment cards, the National Retail Federation said in a letter to a group of U.S. senators, according to The Hill. Get the Full Story Complete the form to unlock this...
As lawmakers consider measures for fighting payment data breaches, they need to consult with the people who are already in the fraud-fighting loop — and make sure they get the data they need, according to FICO VP of product management Doug Clare in a post...
Uber CFO Brent Callinicos, who helped the ride-sharing startup raise more than $5 billion and reach a valuation of $41 billion, is leaving the company, the Financial Times reported on Monday (March 16). Get the Full Story Complete the form to unlock this article and...
Lots of people in the payments industry have a hard time distinguishing EMV – the standard – from EMV the application of the standard to chip-based cards. And, for that reason, confusion reigns! Is EMV relevant in an online world? How about at offline merchants...
According to a report put out by Verizon Communications, four-fifths of companies fail interim compliance assessments for payment card data security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Lyft has snagged a $300 million investment from Japanese e-commerce giant Rakuten in a funding round that gives the ride-sharing company a $2.5 billion valuation, according to Bloomberg News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Consumer Financial Protection Bureau (CFBP) announced yesterday (March 11) that its examiners have uncovered legal violations that will result in $19.4 million being given back to more than 92,000 consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
General Electric now considers most of its banking operations to be something it would be better off without, and wants to unload them on a much faster schedule, The Wall Street Journal reported on Wednesday (March 11). Get the Full Story Complete the form to...
More than a year after the European Payments Council published its new requirements for face-to-face payment-card transactions in the Euro zone, the EPC has unveiled its proposed rules for online payments and other card-not-present (CNP) transactions. Get the Full Story Complete the form to unlock...
