International

TSYS Drops Japan And Focuses On New Deals
April 24, 2014

Frustrated with Japan's centralized, primarily in-house card-issuing market, TSYS has decided to leave the country and focus its efforts on other business opportunities. In recent short order, the processor has landed a number of major deals, including with the UK's Virgin Money and a partnership...

Cool
What Can $698M Do To Innovate African Entrepreneurship?
April 24, 2014

The Carlyle Group is the first global private equity firm to close a fund that is focused entirely on building the middle class in Sub-Saharan Africa. It was inspired by the opportunity to completely transform the financial and economic opportunities in that region and obviously...

Europe
Digital River SMB Solution Expands to U.K.
April 24, 2014

eCommerce service provider Digital River, Inc. announced that it has expanded its SMB Payments solution, which offers “turn-key access to credit card processing capabilities,” to the U.K., according to a company release. The solution accepts Visa, MasterCard, and Maestro card payments in Euros and Pound...

International
PayPal Wants to Boost eCommerce in the Middle East
April 24, 2014

PayPal announced that they will partner with Cairo Amman Bank to help boost ecommmerce.

TSYS Says Q1 Revenue Rose 32%, Sells Japanese Business Interests
April 23, 2014

Total System Services Inc. on April 22 reported first quarter revenue of $592.8 million, up 32.1 percent from $448.8 million during the same period ended March 31 last year. Net income was down 12.7 percent to $51.6 million.   Get the Full Story Complete the form...

International
Frrole Starts With Crowd-Funding, Ends Up With $245K In Angel Investment
April 22, 2014

Frrole, an India-based data analytics start-up that combs Twitter looking for patterns and trends that could be interesting and actionable for businesses, has just raised $245K in Angel funding from investors including former head of Yahoo! R&D centre in India Sharad Sharma, Eka Software founder Manav Garg and Google’s...

Europe
Another Roadblock for Uber in Europe
April 22, 2014

Despite its German-inspired name, ride-sharing service Uber has faced nothing but difficulty launching in Europe. After fizzling in France and inspiring the ire of thousands of cab drivers, Uber has come to another stop sign, this time in Spain. Get the Full Story Complete the...

UK Start-up to Launch New Market for Bitcoin
April 22, 2014

The market will aim at investors and growing interest, along with handling bulk orders.

71 Percent of Brits Refuse to Use Bitcoin
April 22, 2014

According to the study, many do not trust the digital currency for online payments.