A class action lawsuit filed against imperiled digital currency exchange Mt. Gox is seeking $500 million in compensation for Canadians who lost deposits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
P2P Cash on March 13 announced development plans for BitMinutes, a stored-value exchange service that uses the acceptance of mobile phone minutes as a virtual currency to build what it calls a “Better BitCoin.” <br> Get the Full Story Complete the form to unlock this...
Amex, which traditionally has approached the wealthier tiers of society, is reaching out more to lower-income consumers who are unhappy with their current payment solutions. And it used last week’s South by Southwest festival in Austin, Texas, to spread the word. Get the Full Story...
Bank-led mobile-payment scheme Digicash has launched a pilot in which it is testing Beacon technology that combines Bluetooth, Near Field Communication and QR code technologies, the company announced March 14. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
“PayPal has started to engage crowdfunding campaign owners early on so it can understand the campaign goals and help to ensure these campaigns are compliant with its policies, as well as government regulations,” PayPal’s chief risk officer, Tomer Barel, said in a blogpost. Get the Full...
Distributed Denial of Service (DDoS) attacks reportedly have been frequently used by self-proclaimed hacker activists to disrupt mobile servers or networks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Elizabeth Buse, head of Visa’s Global Solutions group, is retiring after spending more than 16 years with the company, Visa announced March 13. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
ZNAP on March 17 will debut its Near Field Communication (NFC) payment technology at the New York Sound City conference and music festival, the company announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Contactless Visa payments in Europe have grown dramatically, rising to more than 94.3 million purchases in 2013 from just less than 25 million a year earlier, Finextra reported March 13. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
