Mt. Gox filed for bankruptcy in February after hackers had stolen 750,000 bitcoins from customers, and 100,000 from the company itself. Now a group of investors is seeking to purchase the company for a token payment of one bitcoin, according to Get the Full Story...
After the Target and Neiman Marcus security breaches, one would assume that U.S. retailers were doing what they can to help prevent another incident. However, Bloomberg Business Week is reporting that many retailers are still vulnerable to credit card fraud. Get the Full Story Complete...
When the value of virtual currency jumped in value last year, many turned to the mining industry and bought expensive computer equipment to aid the task. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
After years of speculation, Amazon is finally going to release a smart phone of its very own, 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 — no additional...
There is an old adage in the construction industry – “fast, good or cheap: pick two,” that could easily be adopted to the B2B payments industry – “secure, frictionless, or cost effective- pick two.” In the B2B space, where buyers and suppliers need each other...
In a departure from their roots as the internets premier destination for posting adorable pictures of children and ill-advised pictures of drinking, Facebook is making and entry into the payments industry with remittances and electronic money. Get the Full Story Complete the form to unlock this...
While the industry waits for Amazon to flex its payments muscles with the 215 million credit cards they have on file, they are joined by the ultimate Amazon insider, CEO Jeff Bezos. Get the Full Story Complete the form to unlock this article and enjoy...
Credit card interest rates are on the rise, but so are the rewards issuers are offering cardholders. In fact, a lot of the terms today heavily favor cardholders. But don’t expect consumers to turn to credit card cash-advances any time soon. Those fees are way...
There’s a new FanWise technology that was introduced this week which allows vending or arcade games to get paid by a Tweet or a Facebook post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
