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PYMNTS Daily Data Dive: Fraud Losses Topped $21B In 2015
PYMNTS Daily Data Dive: Fraud Losses Topped $21B In 2015
October 27, 2016  |  Security & Fraud

Last year, merchants and banks felt fraud losses reach $21.84 billion on all credit, debit and prepaid general-purpose and private-label payment cards issued globally. According to The Nilson...

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Nets Alerts Local Banks Of Data Breach
Nets Alerts Local Banks Of Data Breach
October 27, 2016  |  Security & Fraud

Danish payment processor Nets notified local banks and international card schemes on Wednesday (Oct. 26) of a data breach that could have impacted 100,000 credit...

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Mastercard’s Masterpass To Be Part Of New OnStar Go
Mastercard’s Masterpass To Be Part Of New OnStar Go
October 27, 2016  |  Mastercard

Mastercard reportedly will be included as a payment option in a new intelligent dashboard that is being created by IBM Watson for General Motors. According...

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Uber Is Creating A Trucking Marketplace Dubbed Uber Freight
Uber Is Creating A Trucking Marketplace Dubbed Uber Freight
October 27, 2016  |  Ridesharing

Uber is getting in the long-haul delivery business, launching a new unit called Uber Freight. According to a report, the new unit is being based off...

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Payments (And Payroll) Pushed Instantly
Payments (And Payroll) Pushed Instantly
October 27, 2016  |  B2B Payments

Managing payments — to consumers and also, along the biggest payouts, to employees — is moving ever toward real-time speed. For Ingo Money’s Instant Payments...

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UBS And Amazon Team Up For ‘Ask UBS’ Chatbot
UBS And Amazon Team Up For ‘Ask UBS’ Chatbot
October 27, 2016  |  Partnerships / Acquisitions

Investment bank UBS is reportedly teaming up with Amazon and its voice-enabled speaker, Echo, to let consumers ask Alexa financial questions. According to a report,...

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China Working On Social Trustability Score
China Working On Social Trustability Score
October 27, 2016  |  International

The Chinese government is gearing up to develop a system that connects a person’s financial, social, political and legal credit ratings into one social trustability...

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Millennials Shun Credit Cards After Getting Denied
Millennials Shun Credit Cards After Getting Denied
October 27, 2016  |  Payment Methods

ID Analytics, a consumer risk management company, announced Wednesday (Oct. 26) new research that revealed over six out of 10 millennials declined for credit are...

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