Synchrony Financial, the about to IPO GE Capital spinoff, has announced a strategic investment in mobile payments company LoopPay. Loop will provide Synchrony with unique benefits and features for its retail partners and cardholders. Synchrony is the largest provider of private label credit cards in...
The Securities Industry and Financial Markets Association (SIFMA) - worries that the U.S. banking system is dangerously vulnerable to acts of cyber-warfare that could fundamentally damage the entire economy. To head off the threat, the organization wants to see banking executives, federal officials and security...
Payments processor i2c announced the opening of its new Singapore office yesterday to further grow the market for prepaid and mobile services in the Asia Pacific location, according to a company release. The new office will include product, client services, and business development staff.
Everyone one loves a horserace, and so when Gartner predicts that tablet sales will eclipse traditional computer sales in 2015, it is tempting to declare a winner and go home. However, since consumers are still using PCs to make 90 percent of their digital purchases,...
Supply chain management software companies Accellos and HighJump Software announced that they are going to merge and continue to operate under the HighJump name. However, the new company will use the Accellos brand name for mid-market supply chain execution technology. Get the Full Story Complete...
Bitcoin Vault Xapo says the first shipment of bitcoin debit cards are set to ship out later this month. The branded debit cards will allow holders card to withdraw bitcoin on the fly. Cards will start shipping in the middle of this month, and ship...
PayPal’s announcement about its Next Day Settlement Pilot is another sign that it intends to capture a leading position in both B2C and B2B payments. This “Express Lane” for businesses reduces the time that it takes to get access to those funds by as much...
The U.S. Justice Department has announced that it has arrested Russian hacker and stolen credit card entrepreneur Roman Seleznev. Selenev is accused of running a network of online shops that made credit and debit card data stolen in breaches at restaurants and retailers throughout the...
Reading the retail trend tea leaves and following the VC investment breadcrumbs would have everyone thinking that physical retailers should more or less fold up their tents and move online. But that’s exactly the opposite of what one online retailer is doing and scored $55...
