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Square Beefs Up Merchant Cash Advance Bank Account

Square Beefs Up Merchant Cash Advance Bank Account
Square Beefs Up Merchant Cash Advance Bank Account
August 20, 2014  |  News

Square Inc. said Tuesday (Aug. 19) that it has secured an unspecified investment from Victory Park Capital and that it plans to use the money...

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PayPal Rolls Out One Touch Payments
PayPal Rolls Out One Touch Payments
August 20, 2014  |  News

PayPal has unveiled a new mobile app feature that lets shoppers pay with a single touch to their screens. The feature, dubbed One Touch, will...

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Fandango and Credit Karma Get 20 Years For Disabling App Security
Fandango and Credit Karma Get 20 Years For Disabling App Security
August 20, 2014  |  News

Online movie-ticket vendor Fandango and credit-report site Credit Karma face 20 years of security assessments as part of a settlement of charges that they exposed...

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Mobile Payment Service M-Pesa In A Price War
Mobile Payment Service M-Pesa In A Price War
August 20, 2014  |  News

The mobile-money service M-Pesa is finding itself in a price war. On Tuesday (Aug. 19), Vodafone subsidiary Safaricom said that it would slash its fees...

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Ingenico Cuts EMV, P2PE Deal
Ingenico Cuts EMV, P2PE Deal
August 20, 2014  |  News

Three payment firms announced on Tuesday (Aug. 19) that they were launching a PCI-friendly point-to-point encryption (P2PE) payment option. Get the Full Story Complete the...

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TransferWise Uses P2P Network To Cut Cross-Border Money Transfer Costs
TransferWise Uses P2P Network To Cut Cross-Border Money Transfer Costs
August 19, 2014  |  Cross-border Payments

London-based startup TransferWise is hoping to disrupt the business of international money transfers by actually transferring as little money as possible across borders, according to...

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China’s Alibaba and Tencent Call Off Taxi-App War
China’s Alibaba and Tencent Call Off Taxi-App War
August 19, 2014  |  Cross-border Payments

China’s two biggest Internet companies, Alibaba and Tencent, have called a truce in their six-month war to capture customers for their respective taxi-hailing apps. Total...

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Banks Step-Up Anti-Money Laundering Efforts
Banks Step-Up Anti-Money Laundering Efforts
August 19, 2014  |  Cybersecurity

The number of jobs on banks’ anti-money laundering teams is up 54 percent in 2014 year-to-year in the U.K. following a string a scandal and...

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