Orange Money, a small business lender operating out of the U.K. announced in a press release on Feb. 24 that it would be acquiring Everline from embattled payday lender Wonga. This deal would make Orange Money (which trades under Ezbob) the largest e-business lender in...
MasterCard now has cloud-based in-store mobile payments live in 15 countries, with another 10 in the pipeline, the card brand announced on Tuesday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
One of the first entrants into the mobile payments space back in 2007, Toronto-based Plastic Mobile announced on Feb. 19 on its website that it was being acquired by Havas Media, the sixth largest communications group in the world. Get the Full Story Complete the...
Target announced in a Feb. 23 press release that it will be lowering its minimum threshold for free shipping to $25 from the original $50 level in an effort to expand its offerings of the “most compelling” offers in online retail. Also, to cope with the...
Apple Pay is coming closer to reality in Europe as Visa prepares for a mid-April launch of a tokenization service customized for the European marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Biometric authentication technology company NXT-ID wants to bring consumers who want to pay with their phone a new, and potentially easier method to say how they want to pay: by using their voice. Get the Full Story Complete the form to unlock this article and enjoy...
Conventional wisdom would say that delivering a solution that’s faster, better and smarter is impossible since you often sacrifice one or two of those attributes to get the other(s). But Fiserv’s SVP of Emerging Payments, Ginger Schmeltzer says that all three are, in fact, what...
Google has effectively acquired Softcard, the mobile payments system backed by Verizon, AT&T and T-Mobile, and will pay the mobile carriers to enable Google Wallet on the Android smartphones they sell, the companies announced on Monday (Feb. 23). Get the Full Story Complete the form...
Global efforts to prevent money laundering are both ineffective and incredibly expensive to maintain — and poor countries are the ones hit hardest by that cost, according to a commentary for Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...
