Though it could have gone down in history alongside the Twinkie defense as creatively ludicrous defenses in a criminal trial, the judge in the Silk Road trial has struck down the “Bitcoin isn’t money, and without money their can be no money laundering” defense that...
Alibaba could launch its IPO by the end of the month, according to sources familiar with the matter, reports The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Awkward silence, embarrassing inability to do grade-school math, angry recriminations about who did and did not eat that appetizer—these are the hallmarks of the experience that ruins countless meals every day in the United States, when groups of otherwise intelligent people discover that doing Bistro Math...
According to the U.S. Federal Trade Commission, to purchase an app, one must be able to offer informed consent. 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...
In the latest of a string of decisions that have gone against the short-term “payday” loan industry, the Community Financial Protection Bureau (CFPB) has fined ACE Cash Express $5 million for predatory loan practices. The settlement also include $5 million that ACE is to payout...
Loop made headlines earlier this week with an announced strategic investment from Synchrony Financial—the about to IPO GE Capital spinoff. While an investment from the nation’s largest private label issuer might be enough for some, Loop CEO Will Graylin says this is the first of...
RetailMeNot, the world’s largest marketplace for digital offers is celebrating its second anniversary with an eye toward expanding the personalization and reach of it discounting website. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In October of 2015 the era of swipe-and-sign as all business will be required to have made the transition to the more secure chip-and-in, or EMV, technology. A new study released by Hospitality Technology may be unprepared to make this leap and find themselves lagging behind as...
Want to really know why mobile payments struggle to ignite? Bad design. At least that’s what Seattle-based startup Artifact says and why it is has created an entirely new payments form factor that fits on your wrist, is biometric, supports Beacon, enables payments and makes...
