Uber faces more legal woes abroad in the Chinese city of Guangzhou, where local Chinese news sources have reported that authorities have raided Uber’s offices following reports of the business operating illegally. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Apple co-founder Steve Wozniak has joined a payments company that’s looking to use the blockchain technology, the public ledger behind bitcoin transactions, for its next generation of ATMs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Based on MoneyGram’s first quarter earnings, it appears the money transfer service hasn’t quite recovered from the sting from the Walmart loss that came as a result of Walmart starting its own money service. The company also posted a $72 million profit loss on the quarter....
Denied. 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 this form, you agree to receive marketing communications from PYMNTS...
A little over a month-and-a-half ago, PYMNTS reported that the Stratos all-in-one card would be coming soon to a pocket near you. “Soon” arrived yesterday (April 30) — meeting the company’s targeted April shipping date just in the nick of time — as Stratos announced the shipment...
Costco’s co-branded card is a tale of cities: New York City versus San Fransisco. To be more specific, it’s a tale of two payments networks: American Express and Visa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
MasterCard has been given the green light by Green Dot Bank. 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...
Jeremy Allaire’s bitcoin startup Circle has just secured $50 million in funding from Goldman Sachs and IDG Capital Partners, the company reported on its blog yesterday (April 29). Goldman and IDG join previous Circle investors Breyer Capital, General Catalyst Partners, Accel Partners, Oak Investment Partners, Fenway...
Lyst is now $40 million richer and ready to expand into the international arena at the conclusion of its latest funding round, Fortune reported today (April 30). The eCommerce site can now count Groupe Arnault, the investment firm controlled by LVMH CEO Bernard Arnault, among its...
