More trouble for the seemingly constantly under-siege bitcoin. The Securities and Exchange Commission has once again warned investors away from the digitally backed currency. “A new product, technology, or innovation – such as Bitcoin – has the potential to give rise both to frauds and...
Another week, another discovered security flaw. This week’s flaw, dubbed “Covert Redirect,” allows cyber-attackers to disguise themselves as log-in popups based on an affected site’s domain. Social media sites are among those affected, leaving potentially millions of users at risk of having personal information stolen.
Do you know how many people prefer using credit cards as their primary instrument of choice? Or the number of financial institutions offering mobile P2P? Find these answers and more on this week’s Friday Factoids.
Now that we’ve braved the winter and Spring has sprung, many consumers are back in the spending mood. In a recent interview, PYMNTS spoke with Master Card SVP Sarah Quinlan, aka The “Duchess of Doom,” to understand what’s driving retail spending trends. As it turns...
The results of the annual Euromoney foreign exchange survey, which was first launched in 1976 have been released. The survey continues to be the key benchmark for the global FX industry and provides transparency and insight into the industry’s leading players. To learn about the...
The Consumer Financial Protection Bureau (CFPB) this week proposed a new rule that would make privacy disclosures for financial institutions more effective, and less expensive and tedious. No longer would card issuers, for example, need to mail out disclosures annually to each cardholder. Instead, they...
Google’s mWallet, the company’s long evolving payments platform, has just gotten a little bit more user friendly. The app used to make it complicated for more than one user to access their mobile accounts from a device other than their own. That difficulty is now...
Shell Oil Co. announced May 7 that it selected NCR Corp.’s Radiant Point of Sale (RPOS) petroleum and convenience solutions as a new option for Shell Branded Wholesalers. Consumers have numerous options when it comes to fueling and convenience, and NCR is excited to work...
Catchy commercials might ask you “What’s in your wallet?” but do you really know the answer? Tens of thousands of germs and bacteria could be crawling around on your beloved bills, which MasterCard research says is actually enough to potentially move consumers more quickly to...
