News

Investment Tracker | December 11 – 17
December 17, 2014

Adyen And The Changing Face Of Cross-Border Payment  Christmas, it seems, has come early for global payments technology company Adyen this year. The Amsterdam-based business announced a $250 million funding round Tuesday (December 16), led by global growth equity investor General Atlantic, (with participation from...

Can Quantum Physics Make Fraud-Proof Credit Cards?
December 17, 2014

Never mind NFC and EMV — a team of Dutch researchers claims to have harnessed the power of quantum mechanics in a way that could make payment card fraud a thing of the past, Finextra reported on Tuesday (Dec. 16). Get the Full Story Complete...

Europe
Apple Shuts Down Russian E-Sales Due to Ruble
December 17, 2014

Apple took the unusual move Tuesday (Nov. 16) of shutting down all of its online sales in Russia due to what Apple said were “extreme” ruble fluctuations, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Parking Databreach Hits Airports
December 17, 2014

Park ‘N Fly’s tagline—”More Than Just Parking”—was proven quite correct Tuesday (Dec. 16) when its customers were also given a large payment data breach, according to a report from Krebs On Security. Get the Full Story Complete the form to unlock this article and enjoy...

News
Was 2014 The “Break Up” Year?
December 16, 2014

ebay and PayPal said they’d break apart. Apple Pay broke into the payments scene, cybercriminals and data breaches everywhere broke merchants hearts and consumers’ confidence and Kim Kardashian broke the internet but not before Alibaba broke the IPO tech record and became more valuable than...

Apple Pay
Adyen Raises Quarter-Of-A-Billion Dollars
December 16, 2014

Global payments vendor Adyen on Tuesday (Dec. 16) said that it has closed $250 million in new funding, led by global growth equity investor General Atlantic, with additional participation from Temasek, Index Ventures and Felicis Ventures. Get the Full Story Complete the form to unlock...

PayPal Loan Program To Compete With Lending Club
December 16, 2014

PayPal has already been working with consumers and small businesses to provide more than $200 million in loans and now it plans to expand into the alternative lending market, Irish Times reported. Get the Full Story Complete the form to unlock this article and enjoy...

News
Are Google and Amazon In Competition For The Next Buy Button?
December 16, 2014

Google Wants to push Amazon’s buttons a little further — this time with its own retailer-driven buy button. 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...

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Alibaba’s AliPay Hits Big With Web Shopping Event
December 16, 2014

Alibaba hit big on 11.11 — also known as Singles’ Day — with a record $9.3 billion in gross sales and now its top online payment system hit a “tidal wave” on its 12.12 online shopping event. Get the Full Story Complete the form to...