Operating under the McDonald’s signature golden arches on a red background and borrowing a modified Ronald McDonald as their mascot (in this iteration he’s pointing a gun a the viewer) McDumpals is clearly in violation of a slew of intellectual property laws. Get the Full...
New York’s banking regulator is targeting BNP Paribus for conducting business with countries such as Sudan, which the U.S. has sanctioned for its alleged support of terrorists. The regulator, Benjamin Lawsky, wants to force BNP to discontinue its dollar-clearing business. That could leave companies relying...
Barclays Bank has signed a partnership with Airtel to provide a bulk m-payment solution for the bank’s corporate customers in Uganda. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
GoSimpel is an Indian m-payment app set to launch soon, which lets the users make payments through payment cards, instead of cash, to the food ordered on delivery; without the need of any separate device or gadget. Get the Full Story Complete the form to...
Chang Chew Soon, founder and CEO of Malaysia-based mobile card payment solution Soft Space, whose core product is an m-POS, explained the success of his company in South East Asia. He says that although smartphone penetration in some countries is not high, absolute numbers of...
A report by the UK Card Association shows that 74.5% of retail volume transactions (GBP 520 Bn) in UK were made using payment cards in 2013 vs. 46.5% in 2003. At the same time outstanding credit card debt was reduced to GBP 56.4 Bn vs....
Ping An Group, one of the largest insurance players in China, invested USD 5 M in USD-30m-fourth-round financing of Payoneer, an online payments firm that facilitates cross-border payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Merchants today are taking an interest in EMV like never before. But with the card networks’ mandated liability shift more than a year away, those retailers making upgrades today often have broader security interests in mind. For one top terminal maker, citing EMV just makes...
While 90 percent of small businesses have a presence online, only 10 percent can leverage it into sales. Moreover, while small and midsize business owners say they think about moving their account receivable, accounts payable and payroll functions into an electronic instead of paper-based system,...
