Go back five years and the concept of mobile gross merchandise volume (GMV) was hardly a dot on the commerce map. It was more of a speculative vision without a substantial user base to determine if mobile was worth investing during a time when budgets...
First Tech Federal Credit Union announced yesterday that it has entered a new agreement with MasterCard as its payment solution provider, according to a company release. MasterCard will offer “convenience, control and security” for First Tech’s more than 380,000 members, enabling the credit union to...
A federal jury has convicted the man they believe is the Dread Pirate Roberts — aka the mastermind and ringleader behind the Silk Road online illegal drug trade website that used bitcoins as its currency. Get the Full Story Complete the form to unlock this article...
MasterCard’s Masters of Code Hackathon Series officially kicks off today in Sydney, Australia, focusing first on mobile commerce innovation. Following Sydney, the Series will move to other parts of the world, encompassing themes like security, financial inclusion and commerce innovation. In a recent interview, Mario...
A group of franchised Marriott hotels appears to have been hit by a payment card breach for the second time in less than a year, Krebs on Security reported — and they did it just months before the hotels will install tokenization on the affected...
Alibaba is testing product deliveries by drone this week — but not in a format that would be practical as a regular delivery service, according to Bloomberg News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
MasterCard has opened its largest Tech Hub outside of the U.S. in Pune, India, and plans to roll out its mobile payments system in April, the card brand said on Wednesday (Feb. 4). Get the Full Story Complete the form to unlock this article and...
A subprime credit card issuer will refund $2.7 million to customers and pay a $250,000 fine for charging customers illegal fees, the Consumer Financial Protection Bureau announced on Wednesday (Feb. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Western Union already has a foothold in China — the money transfer company’s services are available at 20,000 locations there — but it’s about to get a lot bigger. On Wednesday (Feb. 4) the company went live in a deal with the Bank of China...
