Following a series of high-profile merchant defections, Amex has notified consumers enrolled and those seeking to enroll that the Plenti multi-merchant rewards program will end on July 10.
Brick-and-mortar can help retailers battle Amazon
For those who invest smartly in the right digital initiatives, there are huge opportunities.
'Skim Reaper' Could Bring Kiss of Death to Skimmers
This could be great news for credit unions because skimmers will likely be a problem for at least the next few years.
Reg relief's done. What's next?
Read about four pending legislative items of interest to banks and credit unions.
EMVCo moves promote global interoperability with QR codes
EMVCo has created a QR Payment Mark to promote global interoperability across EMV QR-code payments.
Apple Pay comes to southern California's Metrolink app
Metrolink, Southern California's regional commuter rail service, has added an Apple Pay option to the Metrolink mobile ticketing app.
BofA delivers first widely available AI–driven virtual financial assistant
The AI-driven virtual financial assistant, Erica, combines the latest technology in artificial intelligence, predictive analytics and natural language to be a virtual financial assistant to clients.
Congress seals deal on Dodd-Frank reforms
Although the bill took a more cautious approach to relief than prior legislative proposals favored by House Republicans to repeal Dodd-Frank, banking industry groups at the state and national level...
Banks Take Military Approach To Cybersecurity
In an effort to combat cyberattacks, banks are taking a military approach to their online security.
Credit Card Delinquencies Head Upward: Misery Loves Company
Mercator projects that portfolio growth will be flat in 2019 and now the WSJ predicts delinquency erosion will continue, along the lines we mentioned various times in 2017.
Biometric Customer Authentication Not a Cure-All for CNP Fraud
A better biometrics solution: behavioral biometrics as one security layer among many.
Malware Attack Swipes Payment Card Information at Chili's Restaurants
Security experts are giving Brinker a lot of credit for notifying the public quickly.
North America To Be An 'Early Adopter' of mPOS
According to a press release from Market Research Future, North America is the leader in the wireless POS market as the region has “advanced technological infrastructure.”
Square serves up custom POS system for restaurants
Square is getting more involved in the restaurant space with a new point-of-sale system meant specifically for that segment.
Financial industry petitions FCC to make robocall lawsuits harder to win
But a favorable ruling likely won't halt the proliferation of these suits.
Wells Fargo To Test Pay With Wells Fargo
The bank said customers can select their most commonly used payment method, including Zelle, mobile wallets, Card-Free ATM Access code and transfers, without having to sign into the app.
Goldman Sachs, Apple Pair On Credit Card
Two marquee names — one in tech and the other in finance — and a card between them.
Wells Fargo Overdraft Fees To Decline
Wells Fargo, the embattled bank, warned investors at the company’s investor day meeting Thursday (May 11) that it won’t make as much in overdraft fees and other charges.
Forrester: Mobile Payments Getting in the Way of Mobile Shopping
One of the leading theories seems to be “hyperadoption and hyperabandonment,” a theory that basically suggests people will leave about as fast as they came in.
NYPD tests new tool that detects credit card skimmers
The New York Police Department is testing the Skim Reaper with some early success in its effort to rid the streets of the pervasive devices.
6 new innovations in biometric authentication
Here are some of the newest ideas being tested with many different forms of biometric authentication.
PayPal CEO Says Credit Cards Will Be Extinct