In the latest version of the “will they or won’t they” parlor game that dominates Wall Street, and sometimes the payments industry, The Wall Street Journal reported Thursday (Oct. 29) that Visa is in “advanced negotiations” to buy Visa Europe, its counterpart across the pond, for...
The usernames and passwords of millions of users of Lithuanian web hosting company 000webhost may have been compromised as the result of a recent data breach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Singapore-based Fastacash is partnering with money transfer company Xpress Money Services to make international payments cheaper by using a platform most people interact with on a daily basis: social media. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In some sense, it’s no surprise when Apple posts a successful quarterly earnings report. They didn’t get to be the world’s most valuable company by making a habit of choking during earnings season. However, when it comes to Apple “success,” it is measured somewhat differently...
European mobile payment solutions provider SEQR, provided by Seamless of Sweden, announced yesterday (Oct. 27) that it will enable merchants to accept NFC payments in the first quarter of 2016. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Wirecard, the German payments firm, said Tuesday (Oct. 27) that it will buy the payments business of the Great Indian Retail Group, which is based in and serves southeast Asia through electronic payments and eCommerce. The purchase price is $254 million in cash and bank loans,...
Despite being worth over half-a-trillion dollars annually, remittances are an oddly invisible part of the payments ecosystem to most people — even those who otherwise know it quite well. We all might know that money may make the world go around, but what makes money...
The European Commission has been active on the venture capital front, having invested as much as $1.1 billion into VC funds throughout the Continent thus far in 2015. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Shares of formerly beleaguered eCommerce giant Alibaba Group Holding may be forming a bottom with some real support, according to Bloomberg. If that is true, then the stock could see continued momentum after logging a huge decline after going public not long ago. Get the...
