News

Messaging App Line Snaps Up Payments Processor WebPay
February 10, 2015

Messaging app company Line is looking to shore up its strength in payments by grabbing Japanese start-up WebPay in an undisclosed acquisition deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

What’s Inside The Global Payments ‘Gateway In A Box’
February 10, 2015

The merchant checklist for taking on global commerce in many ways might appear never-ending. There are multiple languages, currencies, payment methods, regulations, compliance issues, the build versus buy discussion and much more that must be considered in the process. And in Europe specifically, simply signing...

Alipay’s Ant Financial Valued At $30B
February 10, 2015

The IPO for Alibaba’s affiliate Ant Financial Services could be inching closer as the company is in the “critical stage” of funding negotiations that could value the company at $30 billion, Caixin magazine reported Monday (Feb. 9). Get the Full Story Complete the form to unlock...

SEPA Streamlines B2B Payments Process Across Europe
February 10, 2015

It’s only been about a year since the Single Euro Payments Area compliance deadline has passed, requiring companies in the Eurozone aimed at streamlining cross-border payments. Already, banks and businesses are seeing the benefits. Get the Full Story Complete the form to unlock this article...

Did Chinese Bitcoin Trading Site Go Bankrupt And Lose $386M?
February 10, 2015

MyCoin.hk, a bitcoin trading and investment site based out of Hong Kong, has reportedly lost $396.9 million (HK $3 billion) worth of its customers’ bitcoins and has fell into bankruptcy, CoinTelegraph reported Monday (Feb. 9). Get the Full Story Complete the form to unlock this...

Phishing Scams Flood Anthem Data Breach
February 10, 2015

It didn’t take long for the phishers and fraudsters to join in on the Anthem health insurance providers’ data breach woes that began last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Fab.com’s Not So Fabulous Fire Sale Looms
February 10, 2015

Will Fab.com be sold this month? Sources indicate so. 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,...

Mozido Acquires PayEase To Extend Services To China
February 10, 2015

Cloud platform mobile payments and retail engagement solutions provider Mozido announced today that it has acquired PayEase Corp., a Delaware technology and payments company. The acquisition will allow Mozido to introduce its products and solutions to China, and gain a cross-border payments gateway that "makes...

The Small Business E-Commerce Edge
February 10, 2015

Whether it be the “Netflix of Fashion,” the “Amazon of China,” or the “Google of Russia,” startups often sit in the shadow of their mega–company counterparts until they define their own distinct audience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...