PayPal co-founder Max Levchin announced yesterday (May 6) that his lending startup, Affirm, had raised $275 million in debt and equity financing as part of a funding round led by Spark Capital Growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
There’s no place in Kansas that feels like home for Uber. 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 to our daily newsletter, PYMNTS Today. By completing...
Newly released figures from EMVCo, the public corporation that manages the payments standard, show the number of EMV chip cards in circulation increased globally by 43 percent in 2014 to 3.4 billion. Get the Full Story Complete the form to unlock this article and enjoy...
The last six months have been rather busy for EVO Payments International, as its been leveraging strategic alliances with giant bank players like the Bank of Ireland and Raiffesen Bank, and taking on M&A opportunities to quickly expand across the European market. MPD CEO Karen...
A recent survey by ACI Worldwide at the NACHA PAYMENTS conference last month showed that of those surveyed, a majority of financial industry professionals believe that same-day ACH payments will soon become a reality. Get the Full Story Complete the form to unlock this article...
Update (May 6): Western Union responded to Bloomberg’s report that suggested the company may be buying MoneyGram. Western Union reported that it is not in talks to acquire the money transfer service. Get the Full Story Complete the form to unlock this article and enjoy...
Banks and other transaction-focused companies are increasing their efforts to bring apps to the Apple Watch and other wearable technology – with an eye on creating a seamless shopping, payment and even budgeting experience for consumers via the Internet. Get the Full Story Complete the...
As the Internet of Things continues to evolve, Intel has debuted technology designed for “smart” vending machines – the first gateway specifically geared to that industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Apple Pay seems to be grabbing headlines left and right these days. Last week, the company ruffled feathers with the news that Best Buy has given in and decided to accept the payment technology. This was a bit of a scandal considering that Best Buy was one...
