Fraud has become a “Whac-a-Mole” game – when fraud is whacked in one area, it pops up in another, says Stephen Ryan, Senior Vice President of Business Development at Brighterion. One of the reasons why fraud solutions on the market today aren’t effective is that...
Sourcery, an online wholesale food supplier director and payments processor, wants to change the way restaurants manage their kitchens and free them from the shackles of paper. The company has raised $2.5 million in seed funding and is planning to take its show on the...
“Innovation is not a ‘destination,’ but an ongoing journey to perfection,” says Rahul Mutha, Founder and CEO of Aurus, a payments solution provider. Aurus began in the basement of Mutha’s Long Island apartment – today, it processes approximately $4 billion in transactions each year. After...
China’s two biggest online services already have large payments operations — and now both have permission to be bankers, too. On Monday (Sept. 29), Alibaba Group’s Alipay affiliate won permission from the China Banking Regulatory Commission to set up a privately owned bank, according to...
Italian taxpayers may have been cheated out of 8.5 billion kroner ($1.4 billion) in a cap and trade scandal that saw various European nation’s trading carbon emission credits with a fake company that seemed to exist merely to harvest money from the carbon trading market....
There’s nothing better than a juicy story. And the juicy story this week was what is said to have lead up to the decision of the eBay Board to spin off PayPal. What’s been reported “according to sources that have knowledge” on both the PayPal...
North American Bancard CEO Marc Gardner is not a big fan of shopping at large national retailers, saying that he much prefers a local boutique where personalized customer service is a much higher priority. The problem is that when he looks at his PayPal mobile...
The three months through September were still the busiest for IPOs in four years and would have been even if Alibaba had never set foot in the U.S. and gone public. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Next up on Uber’s hit list: the world’s corporate car services. The transportation startup announced the global rollout of “Uber for Business” Wednesday (Oct. 1) and has introduced its corporate billing system in 41 new countries. Get the Full Story Complete the form to unlock this article...
