Chinese eCommerce giant Alibaba has made another big purchase in its recent investment spree, agreeing to pay $692 million for a roughly 35 percent stake in Chinese department store operator Intime Retail Group. Get the Full Story Complete the form to unlock this article and enjoy...
During a Senate Commerce, Science and Transportation Committee hearing last week, U.S. Sen. John Rockefeller (D-W.Va.) questioned Target's chief financial officer, John Mulligan, about the preventative measures the company could have taken to prevent last winter’s data breach.
Web-hosting company GoDaddy is now allowing “business class” users to send e-invoices to their vendors or customers using Dwolla’s application programming interface and guest-checkout feature, according to a report in Silicon Prairie News.
Optimal Payments announced March 27 it has integrated the MasterPass digital wallet into its NETBANX merchant platform. The platform moves payments forward by allowing the consumer to safely store all their payment, store card, loyalty, shipping and billing address details in one place and gives...
Jumio’ new Bitcoin-related security system sounds like it came out of a science fiction novel. Under its innocuous name, Bison (Bitcoin Identity Security Open Network), the system aims to instill greater trust and confidence in a virtual currency ecosystem beset with security headaches, according to...
The Fed’s new mobile survey data contains a treasure trove of information on how mobile payments and digital wallets are doing. To guide us through the mass of data MPD CEO Karen Webster relies on a well-known and highly rigorous statistical technique to ferret out...
Diebold Inc., Florida’s Suncoast Credit Union and FIS are joining forces to enable full cash recycling at the ATM via Diebold's Opteva Flex Performance Series machines, the companies announced March 26.
FastCare, a Miami-based urgent care center, announced March 27 that it is now accepting more forms of payment, including credit and debit cards from Visa, MasterCard, Discover, and American Express. The change reportedly is designed to add greater convenience for users of the company’s service.
Student debit cards were the topic du jour at a U.S. Department of Education’s session on March 27. A proposed new rule would “would make direct deposit the default for distributing student-aid refunds and would ban many college-affiliated debit card fees, reports the Chronicle of...
