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Boom time for e-commerce in India; but customers face heightened risk of fraud

Boom time for e-commerce in India; but customers face heightened risk of fraud
NEW DELHI: As more Indians step up to make online payments, there is a proliferation of payment gateways and mobile wallets, many of which are facing the risk of being misused by unscrupulous merchants. Payment service providers like Citrus Pay and …
Read more on Economic Times

Digital River and Klarna form online payments alliance
As part of another agreement, Klarna is using the Digital River World Payments solution to process consumers' credit card and online bank transfer payments through Digital River's international payment gateway. In 2013, Digital River processed more …
Read more on Finextra

Japanese Exchange BitFlyer Raises 6k in Growth Funding
As well as allowing people to buy and sell bitcoin, bitFlyer partnered with GMO Payment Gateway to provide a bitcoin payment option to 48,000 online merchants in late September. Earlier the same month, the firm launched Japan's first bitcoin …
Read more on CoinDesk

Here is the newest face at the Federal Reserve

Here is the newest face at the Federal Reserve
A Harvard Business School professor and former executive at Goldman Sachs will take the helm next month at the Federal Reserve Bank of Dallas, just weeks before a pivotal meeting of the nation's central bank on whether to start withdrawing its support …
Read more on Washington Post (blog)

At Least the Federal Reserve Can Help Those Playing the Stock Market
Stephen D. Williamson of the Federal Reserve Bank of St. Louis last month issued a study called "Current Federal Reserve Policy Under the Lens of Economic History: A Review Essay." CNBC ran a good summation of it, and they point out something …
Read more on Reason (blog)

Police: Men with fake credit cards may face more charges

Police: Men with fake credit cards may face more charges
State police at Hazleton said they found out more about two men caught with over three dozen fake credit cards in a vehicle Tuesday and the results of that further investigation could leave the men facing additional charges. Troopers said an officer on …
Read more on Standard Speaker

Coupons.com Introduces Ability to Load Digital Coupons to Credit Cards for
Using the Coupons.com website or Coupons.com mobile apps for iOS and Android, shoppers can easily add digital coupons to their credit or debit cards from Visa, MasterCard or American Express for automatic redemption at checkout. Offers are available …
Read more on Wall Street Journal

This Week In Credit Card News–Card Hackers Using Blackmail, Are Loans Now
While hackers tried to get rich by stealing millions of credit cards from Target, other cybercriminals have quietly tried another method to make a quick buck: asking companies to pay them to go away. Cybercriminals have threatened to disclose sensitive …
Read more on Forbes