It looks like Monitise will not be going up for sale after all – though it will be getting along without its founder and co-CEO Alastair Lukies. His departure comes as the U.K.-based firm attempts to carry on after being unable to find an appropriate...
The U.K.’s Faster Payments Service is steadily nibbling away at the British equivalent of the U.S.’s ACH funds-transfer system, but it’s rapidly displacing checks, according to February statistics from the U.K. Payment Council reported by Cash & Treasury Management File. Total Faster Payments volume rose...
German mobile-ordering and payment app Opentabs has added PayPal to its options for restaurant and bar payment, Mobile Commerce Daily reported. Customers who previously had to use a credit or debit card to pay with the app can now use PayPal at participating restaurants, including...
The U.K. government plans to impose anti-money laundering (AML) regulations on bitcoin exchanges, beef up law-enforcement capabilities for spotting criminal use of digital currencies, and work with the digital currency industry on consumer protection standards, according to a British Treasury report issued this month. The...
And then there was one for GoCardless. The London-based direct debit startup recently lost one of its three founders, Matt Robinson, according to TechCrunch. Following the late 2013 departure of Tom Blomfield, this now leaves the company with only one of its original founders, CEO Hiroki...
More than a year after the European Payments Council published its new requirements for face-to-face payment-card transactions in the Euro zone, the EPC has unveiled its proposed rules for online payments and other card-not-present (CNP) transactions. Along with mobile and e-commerce transactions, the new CNP...
The European Parliament voted overwhelmingly on Tuesday (March 10) to cap payment card interchange fees for consumer payments, according to Finextra. The 621-to-26 vote came after a deal was struck in December between lawmakers and the EU Council to set the caps at 0.2 percent...
Airbnb is halfway to raising another billion dollars in funding, and bringing its total valuation to $20 billion, TechCrunch reported. Word of the new round comes from sources that TechCrunch wouldn’t name, and details are scarce — some investors may be from Asia, and Fidelity...
The world’s biggest maker of SIM cards for mobile phones, Gemalto, confirmed in an early AM press conference that it has “reasonable grounds” to believe that the NSA and GCHQ hacked its network in 2010-2011. The Dutch firm went on to note that while the...