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QuickBooks New Online Version Integrates With PayPal, Square
October 23, 2014

Intuit’s QuickBooks accounting package—popular with small businesses—has cut deals with PayPal and Square in an attempt to boost its online offering, reports VentureBeat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Apple Pay Fail: Double Charges For Transactions
October 23, 2014

When retailers began accepting Apple Pay on Monday (Oct. 20), it was inevitable that there would be glitches. So far, there seems to be about 1,000 of them, most notably in the form of double-charges at various Apple Pay partner retailers for customers presenting their...

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Fed Says Cash Is Finally Dying
October 23, 2014

In its annual analysis of how shoppers are spending their money—literally—the Federal Reserve Bank of Boston’s new report shows a drop in cash usage and a continuation of the popularity of debit cards, although a shift back to credit cards was evident. As it has...

News
Not A News Flash: Payment Fraud Will Explode During EMV Rollouts
October 22, 2014

PCI Council Chief Bob Russo expects EMV to help security in the longterm. In the short term? Not so much. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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The Twelve Month Countdown: Mobile and EMV? Mobile or EMV?
October 22, 2014

Mobile and EMV? Mobile or EMV? Those are the questions. On Thursday, October 23rd at 11:00 AM EST, MPD CEO Karen Webster will host a live digital discussion with Dave Ewald, Global EMV Consultant and Manager at DataCard, Philippe Benitez, VP of Business Development at...

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Investors Avoid Answering Where Wonga Went Wrong
October 22, 2014

For the second time, Accel Partners and Balderton Capital have stayed silent about what went wrong with the the payday loans company Wonga, according to an article by techcrunch.com on Monday (Oct. 20). This time, however, the cone of silence was made publicly on stage among a panel of...

Discover CEO “Expects” To Join Apple Pay
October 22, 2014

Discover CEO David Nelms declared late Tuesday (Oct. 21) that his brand–the largest of the card brands to not join Apple Pay–will indeed soon be an Apple Pay partner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
After Huge Payment Glitch, Govt Cracks Down On Bank Of England
October 22, 2014

British banking authorities are pressuring the Bank of England to offer far more details about its ten-hour breakdown on Monday (Oct. 20) of the UK’s high value payments system, CHAPS, Finextra is reporting. Get the Full Story Complete the form to unlock this article and...

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Chase Aftermath Boosts Bank Defenses
October 22, 2014

As the industry tries and reacts to the massive cyber attack inflicted on JPMorgan Chase, federal and state authorities are pushing banks and brokerage firms to close some gaping holes in their defenses, the New York Times is reporting. Get the Full Story Complete the...