Mobile-payment app provider for the food and beverage industry TabbedOut named several new executive to its team.
The market price of Bitcoin is not based on any underlying fundamental, contends a senior Bundesbank official. Carl-Ludwig Thiele, a board member for the German central bank, told German-language finance publication Handselblatt that a great level of uncertainty remains in terms of what drives the...
Iowans now can pay their fuel taxes and vehicle-registration fees online thanks to an expanded partnership between payments network Dwolla and the Iowa state government. Dwolla, which is based in Des Moines, previously worked with the state government to help merchants collect cigarette stamp taxes,...
China further solidified its position as a market that could greatly impact payments in 2013. Those who require proof need only look at how China’s love affair with bitcoin drove the price to more than $1,200, only to send it back down amid escalating regulations...
MasterCard has acquired Provus, an independent payment processor based in Turkey, the payment card network announced. Neither MasterCard nor Provus disclosed the terms of the sale. Founded in 2001, Provus is based in Istanbul. The acquisition is designed to strengthen MasterCard’s presence in the region....
Digital security-services provider Gemalto has launched a machine-to-machine (M2M)-grade LTE wireless module. The Cinterion PLS8 solution offers LTE connectivity for use in a wide range of applications, the company said in a Jan. 6 press release. “Over the next few years, the industrial sector is...
2024 might feel far away, but as Market Platform Dynamics (MPD) CEO Karen Webster has illustrated, thinking one, two or even three years ahead in payments is no longer enough. Planning smart in this industry means never resting on your laurels, it means looking ahead...
Target confirmed a massive data breach on Thursday that rocked the payments world at the busiest time of the year in commerce. Initial estimates suggest the breach compromised the names, credit card numbers, debit card numbers, expiration dates and CVVs of more than 40 million...
As the last days of 2013 come to a close, payments firms across the country are busy reflecting on the experience they’ve gained to best position their strategies for the future while avoiding the issues that have dogged them in the past. Of course, payments...
