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Verifone is taking a scalpel to its business after seeing soft results during its second fiscal quarter, enacting a plan to cut 5% of its personnel and look for opportunities to jettison older, underperforming parts of its business.
June 8 -
Fintech firms and banks should collaborate on using alternative data sources to qualify more borrowers for small-dollar loans.
June 8
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A query from one of Malauzai's bank software clients, Redding Bank of Commerce in California, helped spark an idea to create a wallet app that's geared toward small businesses that have also not yet made the leap to mobile commerce.
June 8 -
Most mobile wallet providers and retailers have been hunting for the magic formula that would seamlessly blend loyalty and mobile payments, in the hopes that one would inevitably fuel the other. But it's a delicate recipe, and very easy to get wrong.
June 8 -
Federal regulators issued a statement Tuesday reminding banks how they can protect themselves from cyberattacks.
June 7 -
Following Wells Fargo's salvo against screen scraping, one of the leading account aggregators says the larger issue is who has control over consumers' data: the customers themselves, or the banks?
June 7 -
Globe Telecom, the Philippines' largest wireless carrier, has formed a partnership for carrier billing with Fortumo, enabling its mobile phone customers to bill digital purchases to their monthly wireless statement.
June 7 -
Western Union has opened U.S.-to-Cuba digital money transfer through its mobile app and website.
June 7 -
The archaic practice of using customers' online banking credentials to copy and paste their account information into other programs has been under fire. With a new API, Wells Fargo hopes to bring this practice to an end.
June 7 -
U.S. card issuers lose $10.9 billion each year to card fraud, according to research released Tuesday by LexisNexis Risk Solutions.
June 7



