Tencent’s Mobile Money Bonanza
Tencent’s Mobile Money Bonanza
May 15, 2014  |  International

Competitor Alibaba may get all the attention but investors in home country rival Tencent had some reasons to feel fairly good about their pick this week....

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Citigroup Sacks 11 Banamex Employees As More Details Of The $400 M Fraud Emerge
Citigroup Sacks 11 Banamex Employees As More Details Of The $400 M Fraud Emerge
May 15, 2014  |  International

The Mexican loan calamity; wherein Citiigroup’s Mexican extension Banamex loaned $400 million to a company that could not pay them back, has thus far has been...

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Groupon Takes On Amazon And The High Cost Of Shipping
Groupon Takes On Amazon And The High Cost Of Shipping
May 15, 2014  |  Mobile Commerce

More than just a home for daily deals and highly price-conscious shoppers, Groupon is aiming to be a major e-commerce player and a first choice...

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Sift raises $18 M To Fight Credit Card Fraud
Sift raises $18 M To Fight Credit Card Fraud
May 15, 2014  |  News

Sift, a company that prides itself on “forgetting the rules to fight data fraud,” has just closed an $18 million Series B round of funding...

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U.K. Shoppers Prefer To Pay With Plastic
U.K. Shoppers Prefer To Pay With Plastic
May 15, 2014  |  Europe

According to new data released by consulting firm Bain & Company, 55 percent of British internet users are aware of mobile payment options, but only 3...

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Fiserv Scores New Patent For Predictive Scores Solution
Fiserv Scores New Patent For Predictive Scores Solution
May 15, 2014  |  Merchant Innovation

Fiserv has received its second patent from the U.S. Patent office for its Predictive ScoresSM product. Predictive Scores is intended to help financial institutions identify and approach...

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Malware Stays One Step Ahead of the POS Good Guys
Malware Stays One Step Ahead of the POS Good Guys
May 15, 2014  |  News

If it is your job to prevent malware attacks against a point of sale system, it has undoubtedly been a long year. In breach after...

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Why Don’t Consumers Love Mobile Wallets?
Why Don’t Consumers Love Mobile Wallets?
May 15, 2014  |  Company Spotlight

Mobile wallets are convenient, but apparently not that convenient, consumers say. While more and more of them are choosing among a growing selection of mobile...

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