News

Mobile Payments
Square Transaction Margins Appear Slim But Not A Worry
August 29, 2016

Mobile payment company Square‘s transaction margins, which make up most of the company’s revenue, appear slim. That’s according to a report by The Motley Fool, which said that, while the margins are “pretty slim,” it’s not something investors need to worry about. The company, according to the report,...

Regulation
How Did Tens Of Millions In ‘Consumer Relief’ Paid By Banks End Up In The...
August 29, 2016

The Residential Mortgage-Backed Securities Working Group (RMBS) is not exactly a household name, though the coalition of federal and state regulators and prosecutors created in 2012 to “identify, investigate, and prosecute instances of wrongdoing” in the residential mortgage-backed securities market is extremely powerful, if in a...

Security & Fraud
Finland Customs Agents Seized Drugs, Money From Dark Web
August 29, 2016

Finland customs agents announced on Friday (Aug. 26) they seized around €1 million earlier in 2016 in connection with a operation that was being run on an online dark market. In a statement, the Finnish customs agency also said it stopped around 15 kilos of drugs, totaling...

B2B Payments
In Canada, SMB Shifts Signal Big Bank Challenges
August 29, 2016

Up north, SMBs are looking beyond the "Big Five" for banking business. CFIB’s Doug Bruce details the trends and challenges that lie before the biggest banks, as inroads are being made by credit unions and even alternative online lenders.

Bitcoin
Ethereum Woes Validate Conservative Nature Of Bitcoin Developers
August 29, 2016

For some time now, some people have thought the Bitcoin Core development team is too conservative and too concerned with technical failures to take action to improve the ability of the network to grow, but after the collapse of the DAO, two Ethereum blockchains are...

Mobile Commerce
Ridesharing Ripe For Competition
August 29, 2016

The ridesharing industry is gearing up for real competition, marked as it is by more firms entering the arena, given its low barriers to entry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Opera Has Been Hacked
August 29, 2016

In the latest hacking news, web browser firm Opera said it had been hacked, leading to a password reset for one of its services, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Blockchain / Distributed Ledger
Google, Apple Eyeing Blockchain For Payments
August 29, 2016

Apple and Google haven’t shown much interest in blockchain technology, but that appears to be changing, with increasing interest in Ripple and the distributed ledger financial company’s Interledger Protocol. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Mobile Commerce
UberEATS Drivers Aren’t Having It With Price Change In London Either
August 29, 2016

Will anyone be able to get food through an on-demand delivery app anytime soon? 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...