Enhanced functionality. Ubiquity. A business case. Three things that NACHA CEO and President Jan Estep says makes NACHA’s Same-Day ACH payments proposal not only attractive to the FIs and the payments ecosystem but a whole lot different from the proposal that was presented to banks...
Uber is facing more heat around the world, as well as in the U.S. 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...
While India has the potential to be one of the world’s biggest markets for mobile payments, at the moment the country’s central bank is creating barriers to mobile-payment adoption instead of removing them, according to a blog post by Ensygnia. Get the Full Story Complete...
Banks must—legally—view cyber security as a key part of risk management, said New York’s top banking regulator, according to a copy of a letter he sent to banks that have a New York state charter or license, the Financial Times is reporting. Get the Full...
Amazon has decided that getting the package to customers is half the fun if it can be done in half the time. On land, it’s now testing bike deliveries in New York City—guaranteed delivery within an hour. (And guaranteed personal injury lawsuits within two hours.)...
Paul Shin Devine, a former Apple global supply manager, has been sentenced in a San Jose federal court. Devine was convicted of wire fraud, conspiracy and money laundering in relation to selling Apple iPhone and component secrets nearly three years ago. Devine reportedly made millions...
The Federal Communications Commission wants wireless carriers to do more to stop the million-plus smartphone thefts in the U.S. every year, the Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Google will refund at least $19 million in in-app purchases by children that were “accidental or not authorized by the account holder,” according to a consent order that the FTC finalized last week. Get the Full Story Complete the form to unlock this article and...
The California state government is debating whether to regulate Bitcoin—and other digital currencies—after legally concluding that they have the authority to do so, BusinessWeek is reporting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
