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One solution would be to move to infrastructures where card issuers can share the cost of offering rewards with the retailers — making it a win-win-win situation, according to Mehmet Sezgin, CEO and founder of myGini.
February 4
MyGini -
The payment systems within these games are conducive to various types of fraud, including account takeovers, that can result in crippling chargeback claims, according to Suresh Dakshina, president of Chargeback Gurus.
February 1
Chargeback Gurus -
The European Commission says eight unnamed banks operated as a cartel in the €7 trillion eurozone government bond market; authorities detected a 150-foot tunnel leading to a JPMorgan Chase branch in Florida.
February 1 -
Just as Silicon Valley companies are happy to supply their employees with millions of dollars in free meals and snacks at the office to supplement incomes, many Chinese companies are similarly, indirectly liberal outside the office, around expenses, writes Josh Anish, director of marketing at AppZen.
January 31
AppZen -
Banco de Mexico (Banxico), Mexico's central bank, is developing a free mobile payment system to increase digital transactions — and while it is meant to target cash use, it may inadvertently cannibalize card payments as well.
January 31 -
Payment companies and businesses that want to leverage blockchain need to properly connect the decentralized platform they use to existing databases and back-end systems, writes IIya Pupko, chief architect at Jitterbit.
January 31
Jitterbit -
Visa CEO Alfred Kelly said the company's earnings, though solid, could suffer if if politicians in Washington and London don’t resolve their biggest issues.
January 30 -
Just five months after first reaching a $20 billion valuation, Stripe has attracted another $100 million investment that's put it past $22.5 billion, allowing the fintech to put even more pressure on the legacy acquiring industry.
January 30 -
The U.S. e-commerce explosion is driving about $150 billion annually in returns, and Returnly is riding the trend with a service to eliminate the waiting time for consumers to receive funds from items they plan to return to the merchant.
January 30 -
Wirecard AG shares dropped as much as 25 percent after a report that a senior executive at the payments company was suspected of using forged contracts for several suspicious transactions.
January 30 -
Given the competitive nature of the current marketplace and the low probability that interchange rates will actually go up, issuers and processors need to continually evaluate their infrastructure, writes Steve Gilde, director of global product marketing for Paragon Application Systems.
January 30
Paragon -
The Atlanta fintech is looking to expand rapidly beyond its roots of arranging financing for home improvement projects.
January 29 -
Uber is expanding its rewards to cover more U.S. cities, yet the program continues to stay complicated and stingy — consumers may need to spend up to $500 on eligible rides and Eats purchases just to get a $5 Uber Cash reward.
January 29 -
All-in-one cards often fail, but the fintech's attempt to change that narrative includes a premium card with added benefits.
January 28 -
Blockchain reclaims proof of trust and allows users to reassign the data management role to a decentralized network guided by autonomous and immutable code, writes IIya Pupko, chief architect at Jitterbit.
January 28
Jitterbit -
Fiserv’s $22 billion deal to acquire First Data creates pressure to scale core banking and payment processing that may force further industry consolidation.
January 25 -
Small businesses short on cash can use advances from Fundbox to buy products from online suppliers.
January 25 -
Proposals that would have financial firms monitor or refuse to finance certain firearms purchases are misguided, putting the onus on unelected corporations.
January 25
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Jason Oxman is leaving his CEO position at the Electronic Transactions Association to become the president and CEO of the Information Technology Industry Council, a position he will assume in late February.
January 24 -
Midsize banks have much smaller security budgets, less mature security programs and less robust controls than their bigger counterparts, writes Leigh-Anne Galloway, cybersecurity resilience lead at Positive Technologies.
January 24
Positive Technologies












