China has recently issued 250 new electronic payments licenses in five batches to various operations nationwide. But there is one stand-out award in the newest batch, reports Seeking Alpha, that should catch the eye of anyone interested in the future of electronic payments in China. Get...
Yesterday popular bitcoin mining pool GHash.IO announced in a statement that in the future it will “not exceed more than 39.99 percent of the overall Bitcoin hashrate.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Retail, the one area where Warren Buffet describes his own track record as “awful,” “pretty bad” or “really bad,” reports The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Just when things were starting to look up for Blackberry, Apple has swooped in and disrupted it … again. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Boomerang Commerce has announced it has raised $8.5 million in a Series A round led by Madrona Venture Group and Trinity Ventures. Since Boomerang never took in any seed money, this round of investment is actually also the first time it has ever received an...
Retail spending among Bank of America’s debit and credit cardholders is on the rise this year, and the issuer’s credit cardholders are beginning to grow their card balances, company executives commented during a July 16 call while discussing second-quarter earnings with analysts and investors. Get...
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UK-based small business P2P lending platform Funding Circle is $65 million richer and is planning to use that money to expand more aggressively into the U.S. market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Robert W. Selander has been appointed to Western Union’s board of directors, effective July 17, 2014. He will additionally serve on the compensation, benefits and compliance committees. His term will last until the next annual election of directors in 2015. Get the Full Story Complete...
