- August 3, 2023
PHX Ventures has announced an over-subscription of its second fund at $25.4 million to invest in Arizona’s high-growth B2B software companies.
Founded by software entrepreneur Gregg Scoresby, the seed-stage venture capital (VC) firm ...
- February 18, 2023
Money is evolving beyond Jeffersons, Jacksons and Benjamins, as digital solutions transform the landscape.
This, as more than 4 in 10 Americans (41%) say they don’t use cash to pay for ...
- July 2, 2020
Venmo will introduce a new feature for businesses to accept payments separate from the individual owner’s account, a press release says.
The payments company said the idea was to add features ...
- April 17, 2020
Some cash-strapped people are losing some or all of their coronavirus stimulus money because their bank accounts are overdrawn.
“For weeks, we have pressed the Treasury Department to exercise its authority ...
- April 8, 2020
U.S. Treasury Secretary Steven Mnuchin reassured the nation’s small businesses that they shouldn’t worry about getting a government bailout as they struggle to stay afloat during the free fall due to ...
- March 22, 2020
In the midst of the coronavirus pandemic, the Federal Reserve has plans to print new money that will not have come into contact with the virus, although this may not happen ...
- July 17, 2019
Germany’s Finance Minister Olaf Scholz has joined the chorus of politicians that are worried about Facebook’s planned cryptocurrency, Libra.
“The issuance of a currency does not belong in the hands of ...
- July 16, 2019
U.S. Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat.
In a press conference on Monday (July 15), Mnuchin warned that Libra “could be ...
- July 12, 2019
President Trump took to Twitter on Thursday night (July 11) to talk about cryptocurrency and Facebook’s Libra, according to a report by CNBC.
“I am not a fan of bitcoin and ...
- July 10, 2019
Drivers on Interstate 285 in Atlanta likely thought they had come into some quick cash when $175,000 recently fell out of an armored truck.
As the cash flew out across the ...
- May 29, 2019
Western Union has expanded its services into Thailand and launched a brand new international money transfer service in the region, the company said in a release.
“Customers in Thailand can now ...
- October 18, 2018
Volatility in the stock markets and rising rates may have ripple effects — among them a greater amount of risk tied to FX transactions. Karl Schamotta, chief market strategist at ...
- July 20, 2017
While there is still much in the way of debate in the U.S. and the rest of the developed West about the shape of things to come with the mobile ...
- July 12, 2017
Alibaba Holding affiliate Ant Financial has resubmitted its bid to buy U.S. money transfer company MoneyGram to U.S. authorities for review.
Reuters, quoting unnamed sources familiar with the matter, said the ...
- July 4, 2017
Eight months in, assessing the impact of what happens when you remove 86 percent of a country’s notes in circulation. India’s push toward digital payments has had effects both ...
- June 20, 2017
Fuel card company FLEETCOR has a new leadership position, and the news was announced Monday (June 19) that the company appointed Steve Greene to the role.
Greene will be promoted to president ...
- June 19, 2017
Monese, a fintech startup based in London that has a mobile banking app, added a new feature to its offering that is aimed on taking on traditional banks.
According to a report ...
- June 19, 2017
While cash is not an unimportant part of life in developed countries, it certainly isn’t central. The vast majority of Americans, 80 percent, carry less than $50 on them at ...
- June 16, 2017
The Federal Trade Commission (FTC) announced news that it is mailing 288 checks totaling more than $109,000 to victims of an auto loan modification scam.
According to a press release, Regency Financial ...
- June 15, 2017
Facebook announced Wednesday (June 14) in its news a series of updates to its Safety Check feature, including the ability to start fundraisers within the feature.
In a blog post, Facebook said ...
- June 14, 2017
With the way that credit and debit cards are going, it seems that there will probably be a time in the not-too-distant future where money in the form of physical ...
- June 14, 2017
It’s no surprise that generational difference will create problems in a household, but it’s also leading to innovations. That’s according to the 2017 U.S. Trust Insights on Wealth and Worth ...
- June 13, 2017
For the last few years, the U.S. banking system has faced competition from the likes of Venmo and PayPal when it comes to money transfers.
With technology making it easier to ...
- June 13, 2017
The Western Union Company and Arizona Atty. Gen. Mark Brnovich announced Monday (June 12) that they have successfully completed the secondary recommendations for the Southwest Border program, aimed at combating money laundering.
In ...
- June 8, 2017
Where might investment riches lie in Asia? One billionaire investor, Tim Draper, sees promise in Indonesia.
And the lure there may come in bits and bytes — as in bitcoin and ...
- June 8, 2017
In Japan, might security companies — you know, the kind in armored trucks that lug money around — get a boost from society’s yen for yen?
Bloomberg News notes that the current environment of “ultra” low interest ...
- May 10, 2017
Starting a new business can be a long, arduous and daunting road for anyone in today’s fast-paced and ever-changing society.
One of the biggest hurdles to starting a new business, in ...
- April 28, 2017
In terms of the country most willing to pay ransomware money, the United States came out on top. It’s not only the most willing payee, but it’s also the most ...
- April 27, 2017
The two billion people in the world without a bank account are forced to use cash. For businesses, this means there could be less revenue coming in the door because ...
- April 12, 2017
Interac, the digital money company, announced Tuesday that its eTransfer service is being used by Canadian consumers and businesses at record levels.
In a press release, the company said more than ...
- March 3, 2017
In the age of various tech startups raising money at a rapid rate, a company like Upstart may just be one of the more successful endeavors.
Upstart, an online lending company, ...
- November 26, 2016
They say money doesn’t buy happiness, but over the Thanksgiving weekend, that phrase just doesn’t cut it.
Black Friday is about spending and moving retailers into the black. Small Business Saturday ...
- July 30, 2015
In today’s hustle and bustle of the business world, there isn’t a lot of time to sit back, relax and think about the history of an industry.
Let alone go digging ...
- April 13, 2015
“We are creatures of fear and greed.”
So says Kabir Sehgal about the human race. And while such an observation on its face may seem cynical, the elemental truth is an ...
- April 18, 2014
The call will be webcast on the “Investor Relations” section of the First Data website.
