The Kenya Bankers Association last week said it will not extend its March 31 deadline to migrate all payment cards issued in the country to the EMV smart card platform.
Use of mobile devices instead of cards to facilitate point-of-sale transaction is a goal that continues to challenge industry players seeking to make it happen. An upcoming TSYS white paper will examine the issues affecting mobile wallets and what the industry must do to address...
Canadian consumers reportedly now can pay for food and drinks through their PayPal app at 50 Toronto locations. PayPal is enabling the locations to use its smartphone app to pay, joining others in the U.S., U.K. and Australia that already have the option, said The...
Global Payout on March 27 signed an agreement with motorcycle courier supporter ABRATRAM to provide customized payment solutions combined with cash-management options and member benefits.
Have you heard? 2014 is the year mobile payments is going to take off. Gartner thinks so, ABI predicts a strong year, and even Bain & Co. thinks the mobile-payments explosion is just over the horizon. Get the Full Story Complete the form to...
Only the bitcoin community could put on a happy face when the IRS led the way for tax authorities around the world to blow up billions of dollars of value for bitcoin holders. Get the Full Story Complete the form to unlock this article and...
After a report that China’s central bank had ordered banks and payment companies to close the trading accounts of 10 bitcoins exchanges by April 15, 2014, the price of bitcoins has started declining sharply. Get the Full Story Complete the form to unlock this article...
After helping several start-ups find funding, CircleUp has brought in some dollars for itself in the form of $14 million in venture capital funding. The round was led by first-time investor Canaan Partners, Google Ventures had previously invested in the company. Get the Full Story Complete...
China appears embedded in a competitive battle between state-run banks and such large Internet companies as Alibaba over control of the nation’s mobile-payments market. Regulators there appear to be moving in the banks’ favor. Not so, apparently, is the case in New Zealand, where new...
