It’s obvious that the global payments ecosystem is undergoing rapid innovation. What’s less apparent is what’s causing such change. 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...
United States authorities have charged three men with the creation and distribution of the Gozi computer virus, which compromised millions of computers and caused tens of millions of dollars in damage. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Royal National Institute of Blind People threatened Visa with legal action for failing to provide on-site ATMs for blind users at the Paralympics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Analytics firm Flurry has released a study claiming smartphones as the fastest-adopted consumer technology ever, reports Fast Company. 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 to...
Roughly 60 percent of the $100 billion spent annually on gift cards is loaded onto closed-loop products, according to Dan Kimerling. Kimerling is chief operating officer at Giftly, a two-year-old startup that wants to replace those closed-loop cards by moving gifting to the existing payment...
The Wall Street Journal reports that Visa is preparing for a potential collapse of the eurozone. Steve Perry, chief commercial official at Visa, told the WSJ that Visa is exploring various possible outcomes, including a total collapse of the eurozone: “From our perspective, we can...
Mobile money firm Monetise acquired Clairmail in a deal valued near $173 million. 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 to our daily newsletter, PYMNTS Today....
Green Dot Corporation (NYSE: GDOT), a leading prepaid financial services company (“Green Dot”), today announced that its application to acquire Bonneville Bancorp (“Bonneville”) and thereby become a bank holding company under the Bank Holding Company Act of 1956 has been approved by the Board of...
eBay has acquired the platform and personnel from the Gifts Project, an Israeli social commerce venture that lets groups of friends come together to purchase a particular present. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
