Bitcoin users in China stuffed the cryptocash into virtual red envelopes to the tune of 10 million yuan ($1.6 million) over the Chinese New Year/Spring Festival holiday, Tech in Asia reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
When it comes to the smartphone market, if it isn’t iOS or Android, it barely exists. The two mobile ecosystems accounted for 96.3 percent of all smartphones sold worldwide in 2014, according to a report by IDC released Tuesday (Feb. 24). Get the Full Story...
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...
The world’s biggest maker of SIM cards for mobile phones, Gemalto, confirmed in an early AM press conference that it has “reasonable grounds” to believe that the NSA and GCHQ hacked its network in 2010-2011. The Dutch firm went on to note that while the...
British payday lenders must publish the costs of their loans on comparison websites so consumers can shop for the best deals, the U.K.’s Competition and Markets Authority (CMA) announced on Tuesday (Feb. 24). Get the Full Story Complete the form to unlock this article and...
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...
Turkey has got itself an online retailer that seems a lot like Amazon.com, and that’s no accident. 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...
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...
First it was Chinese authorities investigating Alibaba for letting fake and substandard goods be sold through its online marketplaces. Then the Securities and Exchange Commission wanted to know why Alibaba didn’t reveal that investigation before its record-setting, $25 billion IPO last September. Now — with...
