what you should be reading

The Clawbacks Cometh: Wells’ CEO To Forfeit $41 Million
The Clawbacks Cometh: Wells’ CEO To Forfeit $41 Million
September 28, 2016  |  Regulation

While there will be many unsavory details of 2016 to go through — the thing most Americans can agree with is that at least the word...

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Appeals Court Rules In Favor Of Amex Over Merchant Rules
Appeals Court Rules In Favor Of Amex Over Merchant Rules
September 27, 2016  |  Payment Methods

American Express scored a victory on Monday (Sept. 26) after a federal appeals court paved the way for the credit card company to enforce rules that...

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Square Launches “Card On File” Payments For In Store Purchases
Square Launches “Card On File” Payments For In Store Purchases
September 23, 2016  |  Merchant Innovation

While keeping customer email addresses is fairly common practice, Square wants to help its partners do that service one better by allowing customers who frequent...

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Updated: Yahoo’s Massive Breach Reportedly Affects 500M Users – Largest Data Breach In History
Updated: Yahoo’s Massive Breach Reportedly Affects 500M Users – Largest Data Breach In History
September 22, 2016  |  Security & Fraud

  Update:  Yahoo is confirming it has been the victim of a massive data breach – reportedly over 500 million Yahoo accounts have been compromised...

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Mastercard Facing Multibillion-Dollar Legal Claim Over Interchange Fees
Mastercard Facing Multibillion-Dollar Legal Claim Over Interchange Fees
September 09, 2016  |  Payment Methods

Mastercard has seen U.K. consumers file a £14 billion legal claim against the company over anticompetitive card fees. According to the BBC, the lawsuit has...

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How Regulators Killed The Wells Fargo-Amazon Student Lending Venture
How Regulators Killed The Wells Fargo-Amazon Student Lending Venture
September 07, 2016  |  Regulation

It was one of the more notable pair-ups in recent memory — in part, because it was so short. Amazon and Wells Fargo announced in July...

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Mastercard Is Over The Wallet — And All About The Acceptance Network
Mastercard Is Over The Wallet — And All About The Acceptance Network
September 07, 2016  |  Mastercard

With an only moderately powerful time machine, one could easily return to the time period when the digital wallet was the “it” payments technology of...

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YouTube Makes Changes To Video Monetization
YouTube Makes Changes To Video Monetization
September 06, 2016  |  Payment Methods

Aiming to increase transparency and fairness around its video monetization, YouTube announced changes in a blog post last week. According to YouTube, the company started rolling out...

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HP Enterprise Software Sale A Guessing Game
HP Enterprise Software Sale A Guessing Game
September 06, 2016  |  B2B Payments

Hewlett Packard Enterprise (HPE) is looking to separate out its software unit, reports late last week said. Reports by The Wall Street Journal, and circulated by...

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