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ECB Eyes New Payments’ Oversight Regulations
ECB Eyes New Payments’ Oversight Regulations
August 22, 2014  |  Europe

The European Central Bank has identified four key payment systems under new regulations that took effect this month, making the payment systems subject to tighter...

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Chase Rewards Ditches Paper For Credits
Chase Rewards Ditches Paper For Credits
August 22, 2014  |  Loyalty & Rewards

JPMorgan Chase is eliminating cash-back checks from its rewards program for Chase Sapphire, Chase Freedom and Ink credit card customers, according to American Banker. Chase...

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MasterCard, Visa Split Out From Target Databreach Lawsuit
MasterCard, Visa Split Out From Target Databreach Lawsuit
August 22, 2014  |  News

Visa and MasterCard will face class-action lawsuits over the questionable security of their payment cards in the wake of the massive 2013 Target payment-card breach,...

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Is This How Amazon Will Enter China?
Is This How Amazon Will Enter China?
August 22, 2014  |  International

Amazon is boosting its presence in China by setting up shop in Shanghai’s free trade zone, a move that lets the online retail giant take...

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New ATM Skimming Tactic: Razor-Thin Cards
New ATM Skimming Tactic: Razor-Thin Cards
August 22, 2014  |  News

ATM skimmers are not losing their popularity among the ATM cyberthief set, but a new twist has emerged. The problem with many of today’s skimming...

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Square Dives Into Data
Square Dives Into Data
August 22, 2014  |  News

Square on Thursday (Aug. 21) rolled out an analytics tool—called Square Analytics—that the firm is positioning as another step to level the playing field for...

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Will eBay Spin-Off PayPal After All?
Will eBay Spin-Off PayPal After All?
August 22, 2014  |  News

EBay has been telling PayPal CEO candidates that PayPal might in fact be spun off, according to a report in The Information. Such a move...

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Intuit Quarterly Loss More Than Doubles
Intuit Quarterly Loss More Than Doubles
August 22, 2014  |  News

Intuit is learning—and paying—the cost of channel shifting as higher expenses from its expanded online services sent its fourth-quarter losses soaring. It reported on Thursday...

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Say Bye-Bye To Merchant Chargebacks
Say Bye-Bye To Merchant Chargebacks
August 22, 2014  |  News

Online fraud and risk management solution Riskified announced that it has lowered its price for flagship Shop Protection service by 50% to 0.7% per transaction,...

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