July 06, 2012
The Secret to Competing With Square
The key to winning the mobile payment acceptance war might have to do with everything but the transaction. In other words: it’s one thing to be able to accept payment...
July 06, 2012
George Osborne increases SFO budget to take on Libor
The U.K. Chancellor of the Exchequer, George Osborne, is increasing the budget of the Serious Fraud Office (SFO) as political pressures are heating up around allegations of banks manipulating Libor...
July 05, 2012
MasterCard Gets Closer to “Replacing the Fat Wallet”
Here are our top five tweets from the week that was. Keep tweeting, and we may feature you next Friday. @MasterCardNews: #MobilePayments”¬ are replacing the fat wallet with help from...
July 05, 2012
Digging Deeper Into CFPB’s Complaint Data
It took a Freedom of Information Act request, but we’ve gotten our hands on the more than 35,000 financial services complaints filed by consumers with the Consumer Financial Protection...
July 04, 2012
MagTek Inks Deal With Viableware To Provide POS Security Services
MagTek will provide point-of-sale security services to Viableware, a technology service provider for restaurant clients, The Paypers reports. MagTek will install its technology into the RAIL magnetic reading head for card...
July 03, 2012
PYMNTS Daily Roundup: July 2-3
Gwallet UK launch imminent? IBM: How to save Brick-and-Mortar Retailing North American Bancard Names First CIO LivingSocial Experiments With Daily Deals, and It’s Like a Virtual Club Med CIFAS: 86%...
July 02, 2012
Study: 86% of Plastic Card Fraud Happens Online in U.K.
Through the first five months of 2012, 86 percent of all plastic card fraud in the U.K. was attempted or carried out online, according to CIFAS, the nation’s Fraud Prevention...
July 01, 2012
Serious Fraud Office could not take on Libor because of...
The Financial Times reports that the U.K. Serious Fraud Office (“SFO”) had declined to open a criminal investigation into Libor manipulation because of limited resources. Richard Alderman, the former director...
June 29, 2012
PYMNTS Daily Roundup: June 28-29
Google adds ‘Save to Wallet’ APIs for payments cards and offers Austin-based app maker Tabbedout raises $3.5 million to pursue deals with national chains BBVA Compass unveils banking’s Siri Green...
With rising FinTech fraud and convincing deepfakes threatening their bottom lines, more than two in three FinTechs plan to expand their budgets to deploy tech that can detect true human liveness, as discussed in the latest PYMNTS “FinTech Tracker®,” a collaboration with Sezzle.
