Virtual Currencies Unregulated But Not Threatening, ECB Says
October 30, 2012

The European Central Bank has decided that virtual currencies are gaining traction in the continent and decided to dedicate an analysis report to them. The report aims to provide “the basis for discussion on virtual currency schemes” and as such defines virtual currencies and exposes...

Spire Becomes Third Largest POS Player In Europe
October 30, 2012

Nilson Report has announced that Spire is the third largest point-of-sale player in Europe in 2011. The ranking confirms a rapid ascent since the organisation’s inception in August 2011, with figures based on shipments to the UK and Spain. Get the Full Story Complete the...

Ogone Finalizes Acquisition Of E-Money Issuer
October 30, 2012

PayPal’s Central and Eastern Europe division and TrustPay have teamed to add a new functionality for their customers in Estonia, Hungary and Slovenia. The new feature will allow PayPal account-holders to transfer money and pay online without the need for a bank card. Get the...

TrustPay, PayPal Partner To Offer Account Top-Ups In Eastern Europe
October 30, 2012

PayPal’s Central and Eastern Europe division and TrustPay have teamed to add a new functionality for their customers in Estonia, Hungary and Slovenia. The new feature will allow PayPal account-holders to transfer money and pay online without the need for a bank card. Get the...

20121030-Safety, Ease Of Transfer Drive Mobile Money Interest In Developing Countries
October 30, 2012

How aware are those in developing nations of mobile money systems, and how willing are they to adopt said financial services? According to a new study by Visa, the answers to both questions are promising. We take a look at the level of awareness, why...

Contis Names New Director
October 30, 2012

The European prepaid solutions provider has recently appointed Kirsten English as their new Non-Executive Director. The appointment follows a recent and significant programme of corporate expansion that has given Contis total end-to-end ownership of all implementation and programme management processes required to launch and operate...

20121030-Staying Steps Ahead Of Fraudster Innovation
October 30, 2012

ThreatMetrix advises how to detect and guard against the shifting techniques and technologies fraudsters use, and how to protect yourself in real time. Read More Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

iZettle Takes On Germany
October 30, 2012

After securing Amex as an investor for their Investment series B, it’s more good news for iZettle with the announced launch of the product in Germany. The Swedish payment solution will be partnering with DZ Bank and Deutsche Telekom to compete with similar solution Payleven....

PayPal Cuts 325 Jobs Amid Product Division Shakeup
October 29, 2012

Amid growing competition from the likes of Square, Groupon and others, PayPal announced today that it will cut 325 fulltime jobs, or about 2.5 percent of its entire fulltime work force. Get the Full Story Complete the form to unlock this article and enjoy unlimited...