MasterCard has asked Australian lawmakers to regulate Bitcoin and other cryptocurrency exchanges exactly the way it does other payments operators — complete with anti-money-laundering and consumer protection features, according to Finextra. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Delivering mass payments is pretty easy if a corporation is paying 50,000 payees the same amount, in one country, and everyone’s banked, says Lisa Shields, CEO of hyperWALLET. Where it gets difficult, she says, is when you’re paying 50,000 people different amounts across 80 countries...
South Korean bitcoin exchange Korbit has cut a deal to accept bitcoin for one of the biggest media and entertainment companies in Asia, Bitcoinist reported on Monday (Dec. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Amazon’s overseas expansion into Europe has already hit a snag. Amazon’s emergence into the market was putting pressure on Europe’s postal firms, but now it’s been announced that the e-Commerce giant is dropping same-day delivery in the U.K. Get the Full Story Complete the form...
Cyberthieves are now bypassing traditional ATM “skimmers” and wiring directly into a cash machine’s own card-reading hardware through a hidden hole in the ATM, TechCrunch reported on Monday (Dec. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Finance says payments is a cost and needs to come down. Marketing says it’s the biggest way to drive revenue. And, Digital River’s Group VP of Payments, Eric Christensen says that he has the data to show that the marketing folks are right, particularly when...
Citi Ventures is backing a new financial technology accelerator, with locations in Germany, Singapore, Brazil and Spain, as well as in the U.S. It is partnering with Californian accelerator Plug and Play. Get the Full Story Complete the form to unlock this article and enjoy...
“Vague but exciting.” 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. By completing this form, you agree to receive marketing communications...
Rocket Internet’s Lazada has raised a whopping €200 million — almost $250 million — that it will use to nail down its position as a dominant force in ecommerce in Southeast Asia, according to VentureBeat. Get the Full Story Complete the form to unlock this...
