Payments is full of good ideas. So many good ideas that it can some times be hard to keep track. We want to help, with a weekly spotlight on who's bringing new ideas, fresh insight and singular vision to the ecosystem. This week we caught...
In a move that might be considered surprising considering that PayPal and Google are enemy combatants in the war for mobile wallet dominance, the Google play store is now open for business for people who want to use PayPal to purchase their goods. PayPal was...
Uber, the ride-sharing service that allows mobile users to connect with a fleet of local drivers, is hoping to raise several hundred million dollars in a new funding round with a valuation of $10 billion. If successful, Uber will tripled its valuation in just nine months:...
It is not a good day to be Walmart’s new CEO Doug McMillon. Traffic to Walmart locations nationwide has been on the decline all year and the company has just reported its fifth straight decline in U.S. sales numbers. Get the Full Story Complete the form...
Research and Markets has announced the release of their new report, “Commercial Payment Cards: The US and Global Markets and Trends, 8th Edition”. According to the report, while US consumer credit card spending may still be pressured, commercial card purchase volume is moving full steam...
NBK Capital MENA reported that corporate loans in Egypt increased by 1.2 percent month over month in March 2014, the fastest growth since April 2013, resulting in a five per cent increase over March 2013. Corporate loans increased 1.1 percent for the third consecutive month...
As the Chinese economy continues to cool, companies are waiting longer and finding it harder to get paid for goods and services that have already been sold, leading to record amounts of receivables and potential write-offs, on corporate balance sheets. Get the Full Story Complete...
Shahin Abdollahi, a former Subway franchise owner has reportedly admitted to hacking point-of-sale terminals at the sandwich chain from remote locations. He used his access to top off gift cards to the–stealing around $40,000 all told. Get the Full Story Complete the form to unlock...
Capitol One Financial Corporation and Kohl’s department stores have announced a multi-year extension of their their private label credit card program agreement. The extension comes several years in advance of when the contract is set to expire, and serves a strong vote of confidence between the two...
