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Mobile wallets may not have eliminated cash and cards, but they are becoming almost unavoidable in many retail settings. However, there are still a few areas where mobile technology is slow to arrive.
May 6 -
Multifactor authentication is high on the list of payment security requirements, including new standards from PCI. For any company on the fence on adding stronger authentication, there's plenty of examples of what can go wrong with basic identity management.
May 6
Tripwire -
Square Inc. reported first-quarter revenue that topped analysts estimates, suggesting the digital-payments business can keep growing amid increasing competition from PayPal Holdings Inc. and Apple Inc.
May 5 -
Subprime auto lender Credit Acceptance Corp. has received a subpoena from the Maryland attorney general regarding its repossession and sales policies.
May 5 -
In a major setback for banks, credit unions, credit card companies and many other financial firms, the Consumer Financial Protection Bureau on Thursday issued a proposal that would ban the use of arbitration clauses that prevent consumers from bringing class-action lawsuits.
May 5 -
ACA International, the largest association representing collection agencies, has released a white paper that directly responds to the CFPB's March report that focuses on collection complaints.
May 5 -
A recent spate of cyber-attacks leveraging POS (Point-of-Sale) malware against big retailers is drawing attention to a relatively new malware strain called "multigrain."
May 5
MWR -
The hits that alternative lenders like OnDeck Capital are taking shouldn't be a surprise for an industry built on unsustainable business models.
May 4
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A phone billing company will pay $5.2 million to resolve Federal Trade Commission charges that it violated a court order that settled earlier charges of phone bill cramming by the FTC.
May 4 -
Department store chain Kohls has stitched together two of the most frustrating elements of checking out: adding loyalty points at the same time the payment goes through.
May 4
