BayPay Members Blogs

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NYS AG announces new legislation passed to protect consumers against data breaches

June 17, 2019 New York Attorney General Leticia James announced that a new cybersecurity law, called the SHIELD Act, passed the state legislature that boosts disclosure requirements and strengthens consumer protections in...
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Target cites data center in separate weekend payment outage

June 17, 2019 Target yesterday confirmed that it was hit with a second payment system outage, one that was considerably smaller than a 2-hour store outage on Saturday , but left many...
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Bitcoin value soars above $9,000

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New EMV checkout standards look to create secure, frictionless environment
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June 17, 2019 Bitcoin's value has soared beyond the $9,000 mark, currently sitting at $9,273 at the time of this story. The cryptocurrency has not reached this level since May 2018,...
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Mastercard to offer Priceless Experiences skill via Amazon, Google smart speakers

June 17, 2019 Mastercard announced the launch of Priceless Experiences, the company's first ever voice assistant skill, which will offer users unique vacations or other experiences through their Amazon or Google...
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Discover Bank ends all fees on deposit accounts


June 17, 2019 Discover Financial Services announced the elimination of all fees on deposit accounts for its Discover Bank customers, including checking, savings, money market and CD accounts. Discover is eliminating fees...
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Target restores in-store purchases following 2-hour disruption


June 16, 2019 Target's point-of-sale systems were back up and running after a 2-hour disruption on Saturday that left customers unable to make purchases, according to a post on Twitter from...
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Mobile Money Platforms: More than just payments

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New EMV checkout standards look to create secure, frictionless environment

While ecommerce has exploded in terms of driving consumer shopping preference in recent years, the process of conducting transactions over computer browsers and mobile phones continues to be a cumbersome and...
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Facebook secures Visa, Mastercard, PayPal backing for Libra cryptocurrency

June 14, 2019 Facebook has received backing from Visa, Mastercard, PayPal, Uber, Stripe, Booking.com and other companies for its upcoming Libra cryptocurrency, which will be announced next week. Each company will...
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British challenger bank Monzo to enter US


June 14, 2019 Monzo, a U.K.-based challenger bank, announced plans to enter the U.S. market this summer, by initially offering a Mastercard debit account and a mobile app, which will eventually...
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PPRO acquires Allegro to enter Latin American payments business

June 14, 2019 PPRO Group, a London-based payments provider, announced the acquisition of Berlin-based Allpago, which says it is the largest payments provider in Latin America. The acquisition follows a recent...
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PPRO acquires Allpago to enter Latin American payments business

June 14, 2019 PPRO Group, a London-based payments provider, announced the acquisition of Berlin-based Allpago, which says it is the largest payments provider in Latin America. The acquisition follows a recent...
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Deadline looming for Bank Customer Experience awards competition

Deadline looming for Bank Customer Experience awards competition

June 13, 2019 Networld Media Group is making a last call for entries for the  2019 Bank Customer Experience Awards competition, which closes Friday, June 14.  The awards honor financial institutions and...
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Intelligent Devices: A Guide to IoT Applications for Retail Device Manufacturers

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Cubic launches reloadable merchant app for Los Angeles transit system


June 13, 2019 Cubic Corp. said that its Cubic Transportation Systems division will upgrade the Los Angeles county TAP point of sale devices with an Android-based app that will allow 450...
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Consumer Differences Shape Alternative Payments and Cashless Systems Adoption I Wearables I Contactless I Cashless I Mobile Payments I Trends I Survey

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Aramark installs AI powered self-checkout kiosks at Major League Baseball stadiums

June 13, 2019 Aramark, the nationwide refreshment and food services provider, has installed artificial intelligence powered self-service checkout kiosks at all of its Major League Baseball stadiums, including Citizens Bank Park in...
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Modern companies need to look beyond the ERP

Modern companies need to look beyond the ERP
June 13, 2019 By Urvish Vashi, vice president, global marketing at HighRadius In 2012, Gartner analyst Laura McLellan famously predicted that in five years, chief marketing officers would spend more time on...
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Trustly merges with PayWithMyBank to create transatlantic online payment giant

June 13, 2019 Trustly, a Swedish fintech that allows customers to make payments directly from their bank accounts, announced a merger with PayWithMyBank, a firm based in Redwood City, Callfornia that...
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Wells Fargo to offer free remittances to mark UN commemoration for migrant workers

June 13, 2019 Wells Fargo & Co. will waive all transfer fees for remittances from June 14-17 for ExpressSend customers to commemorate the International Family Day of Remittances, according to a...
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