Executive Insights

Exclusive Series
TabbedOut Expands Its Executive Team
March 27, 2014

Mobile-payment app provider for the food and beverage industry TabbedOut named several new executive to its team.

Exclusive Series
Bundesbank: ‘No Fundamentals’ Driving Bitcoin Price
January 07, 2014

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...

Exclusive Series
Dwolla, Iowa Strengthen Payments Collaboration
January 07, 2014

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,...

Exclusive Series
New Report: What’s Holding Back China’s Mobile-Money Market?
January 07, 2014

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...

Acquiring
MasterCard Acquires Turkey-Based Processor Provus
January 06, 2014

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....

Exclusive Series
Gemalto Launches New M2M Solution
January 06, 2014

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...

Digital River Teases Bitcoin Integration For 2014
January 06, 2014

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...

Breach Round Up
Does The Target Breach Mean Death Bells For Mag-Stripes?
January 05, 2014

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...

Alternative Finances
Payments Execs Forecast Trends For Year Ahead
December 26, 2013

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...