You know you’re in trouble when the CFPB issues a consumer advisory. And, especially so when they start the advisory out with “What’s this ‘to the moon!’ business on the internet about?” Get the Full Story Complete the form to unlock this article and enjoy...
State prosecutors in New York on Monday (Aug. 11) brought criminal charges against a dozen payment companies, “accusing them of enabling payday loans that flouted the state’s limits on interest rates in loans to New Yorkers,” according to a story in The New York Times....
Peer-to-peer lender Zopa has passed the $1 billion mark in loans it has made, the U.K. company said on Monday (Aug. 11). A quarter of the money (£148m) was in loans that have been made just in 2014. That equates to 92 percent year-over-year growth...
One might think that iZettle gets tired of being called the “European version of Square.” Sure—they are both leading mobile point of sale systems that bring the wonders of credit card acceptance to small businesses, but the comparisons are seemingly unending. Running a Google News...
Who would have thought that malware placed in handheld product scanners could jeopardize the security of enterprise resource planning (ERP) platforms? But a Chinese manufacturer stands accused of conducting such an attack, enabling firmware in the devices to harvest businesses’ financial and customer information and...
The ongoing political battle stemming from sanctions and other activities in the Russian/Ukrainian dispute likely will have significant cross-border trading implications, especially in Western Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Proving that there’s life beyond payments, Square on Monday (Aug. 11) introduced Square Appointments, which is designed for small businesses to help schedule appointments with customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As the most high-volume mobile payment U.S. retailer, Starbucks carries a lot of clout in mobile circles. So much so, that when Starbucks opted to not support a wearable Android payment app called WearBucks, the app decided to find a way to handle Starbucks payments...
Schnuck Markets (which does business as Schnucks) announced Monday (Aug. 11) that it has settled a 2013 security breach and will be sending checks to some of its shoppers. The settlement includes paying shoppers for “documented lost time,” which is unusual in these kinds of...
