There is no shortage of digitally backed currencies in the world. There’s bitcoin, that granddaddy of them all but the list goes on and gets longer each day. More or less, they are all based on the same innovation: the open source block-chain and the...
PayPal announced the expansion of its SMB working capital program yesterday, a program that has already extended more than $150M to SMBs in the U.S. In addition to raising the borrowing limit to $60k, PayPal expanded the program to the U.K. and Australia. At its...
What do giant jars of mayonnaise, value shoppers and EMV-compliant cards have in common? Starting in 2015 they will all be things one can find at a BJ’s wholesale club. The Massachusetts-based bulk store has inked an agreement with Alliance Data Systems Corporation and MasterCard...
Road signs could soon warn, “no shopping while driving” as mobile messaging app WeChat launches an in-app mobile shopping store with Yoox.com for its 400 million users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Adding six more European countries to its list, e-commerce website Etsy is bolstering its payment processing options for reaching out to more sellers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Competing with disruptors is out and embracing disruption is in, says Capital One’s Head of National Small Banking and Digital Platforms Brian Hamilton. He told MPD CEO Karen Webster that FIs are wrong to think any differently and innovators are wrong to think that FIs...
ATM networks have joined together to create global defense solutions to fight potential breaches, according to ABA Banking Journal. Together, Diebold, Inc. and Wincor Nixdorf AG will start an industry association to improve ATM security. Get the Full Story Complete the form to unlock this...
MoneyGram announced the addition of two leaders this week, a move that is expected to help the money transfer and payments services company focus more on emerging markets and self-service channels. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
National retail chain Walmart announced yesterday that CEO Bill Simon is “transitioning out of the company,” and will be succeeded by Greg Foran as the head of Walmart U.S. Previously, Foran was president and CEO of Walmart Asia – a position he was only appointed...
