News

Regulation
P2P Lending Apps Swamp UK Regulator
April 01, 2016

Reuters reported on Thursday (March 31) that, in the United Kingdom, “a flurry of companies” have been busy pursuing authorization to boost, or create, their peer-to-peer (P2P) platforms that would, in turn, allow those companies to enjoy the benefits of a program focused on investing in...

EMV
MasterCard Releases Six-Month EMV Report Card
April 01, 2016

The adoption of EMV in the U.S. has shown continued momentum in the six months since the official liability shift last October. Consumers are increasingly embracing the notion of dipping their card when paying in-store and both card issuers and merchants have made progress with...

Blispay Bags $12.75M In Seed Funding
April 01, 2016

When major market retailers want to offer financing to their customers, they have a variety of options, mostly in the card product arena. Small and mid-sized players, on the other hand, don’t have any easy answers to offer here, since financing programs are both expensive...

Mobile Payments
The Presidential Race Goes Mobile Payments
April 01, 2016

As the presidential campaign rolls on and candidates find themselves straining to keep voters’ interest with insults, innuendos and — when absolutely necessary — some cursory conversation about what actual policies they might pursue as president, a host of candidates in the field have taken...

Woman Used As Pawn In Bangladesh Cyberheist?
April 01, 2016

The plot thickens in the investigation of the Bangladesh hack. A Sri Lankan small business owner, who received $20 million of the $101 million that was stolen from Bangladesh Bank’s account at the Federal Reserve Bank of New York last month, is claiming to have...

Obama Declares Bitcoin A National Currency
April 01, 2016

Editor’s Note: This article is part of the PYMNTS.com special April Fools’ edition. Any connection to fact is purely coincidental. ………………………………………. In an unprecedented federal government-sponsored collaboration, President Barack Obama and White House leaders, including the CFPB, have come together to open up a national...

Bitcoin: Fact, ‘Fiction’ Or A ‘Virus?’
April 01, 2016

What do a Russian presidential advisor and JPMorgan CEO Jamie Dimon have in common?  If you guessed a disdain and hatred for bitcoin, you’d be on the money – so to speak. So for anyone who thinks bitcoin is like the “Internet of money,” this advisor...

Ushering The Digital Age In For SMBs, With Tech Giants And The SBA
March 31, 2016

The Small Business Administration is working with tech giants in the name of small business efficiency. As noted by Fortune on Thursday, the agency is linking up with Amazon, Microsoft, Facebook and several others, having built out a website through which business owners and small...

New Research Highlights Online Fraud Spike Tied To EMV
March 31, 2016

This week, PYMNTS, in collaboration with Socure, released the March edition of the PYMNTS.com Digital Identity TrackerTM, featuring all new research surrounding the increase in online fraud fueled by the increase in EMV card chip tech adoption. The Digital Identity Tracker, a forum for framing and addressing key issues...