Bank payment via Facebook is coming to Japan, if you’re a customer of Rakuten. The company is best known for its global e-commerce business, which includes the US site formerly known as Play.com, but it offers a range of other services in its homeland, including banking. Show More Summary
Kelly Kay serves as President and Chief Operating Officer for YapStone, where she oversees the day-to-day operations of the company. With over 15 years of global payment and regulatory experience, Kelly brings vast international experience to the YapStone team. Show More Summary
ByMartin Vlcek: Global Payments, Inc. (NYSE:GPN) reported solid earnings for the final quarter of fiscal 2014 ended May 31, 2014 (SEC filing, conference call). Fiscal fourth quarter revenues grew 9% Y/Y to $674.0M. Cash diluted EPS grew 11% to $1.09. Show More Summary
Global Payments (NYSE:GPN) Q4 2014 Earnings Call July 29, 2014 5:00 pm ET Executives Jane Marie Elliott - Chief of Officer Staff and Executive Vice President Jeffrey S. Sloan - Chief Executive Officer and Director David E. Mangum - President and Chief Operating Officer Cameron M. Show More Summary
One of the recurring headlines adding to the “wall of worry” is the battle between U.S. hedge funds and the Argentina government over payment of the country’s bond debt stemming from the country’s 1998-2002 economic crisis.
Mobile peer-to-peer payment apps, which let people send money to one another instantly, are gaining rapid adoption in the U.S. and globally. Venmo, for example, is now processing at a run-rate of $1.6 billion in volume, according toShow More Summary
``Although the dollar's reserve status won't end overnight, the global payments system is now moving inexorably towards that outcome. The US currency accounted for just 33pc of all foreign exchange holdings in 2013, on IMF numbers, down from 55pc in 2001. Show More Summary
The company looks to eliminate cash crunches for companies with slow-paying customers.
Aimed at further enriching customer experience following the successful rollout of 3G services, Telenor Pakistan has partnered with mobile payments company Fortumo and leading global publisher of digital & social games Gameloft to introduce...Show More Summary
Payments company MOL Global is the latest Asian tech company to seek a US public listing, after it filed for an initial public offering that could raise as much as $300 million, Reuters reports. The Malaysia-based company is perhapsShow More Summary
``Although its use in the international payments system remains dwarfed by the dollar and euro, the yuan, officially known as the renminbi, grew to 1.4 percent of total transactions. That jump moved it ahead of the Hong Kong and Singapore dollars and even with the Swiss franc, the sixth most used currency in global transactions, the IIF study said... Show More Summary
Mobile payments company Square has made a few big decisions in the last several months, one of the most consequential being their plans to go global. In a recent announcement by spokesperson Lindsay Wiese, the company confirmed that Square will be opening an office of over 30 employees in Kitchener, Ontario Canada. The Canadian office […]
By Pete Rizzo Global financial services giant MasterCard (MA) has filed a patent that would seek to incorporate bitcoin into its design for a planned global online shopping cart. Entitled 'Payment Interchange for Use With Global Shopping Cart', the filing was submitted by the New York company to the U.S. Show More Summary
Argentina finds itself in a trap of its own making after tapping New York financial markets -- and New York law -- to cover it debts.
US payments firm Stripe is adding support for Alibaba’s payments service Alipay, helping its businesses reach more customers in China, where e-commerce is on a rising trend. This also comes as the Chinese e-commerce juggernaut Alibaba...Show More Summary
PayPal, the eBay-owned global payments company, is reeling from the seemingly abrupt departure of its president, David Marcus, for a new job at Facebook. When I interviewed Marcus in March, he seemed fully dedicated to his job, outlining a vision for how mobile payments would be money's third phase, succeeding both cash and plastic. Show More Summary
On the Web: Coming Soon! On the Wires: Banco do Brasil Americas® Launches EMV Prepaid Card on i2c Global Processing Platform - "i2c, Inc., a provider of payment processing and emerging commerce solutions, and Banco do Brasil Americas® have partnered to launch the Banco do Brasil Americas® Multi-Currency prepaid MasterCard® (BBA Prepaid Card). Show More Summary
A new report from Juniper Research indicates that the number of consumers making contactless payments via their mobile handsets may very well reach 300 million globally by 2017. In comparison, that number stood at just over 110 million last year. The report found that many markets were being seeded for mobile contactless adoption by accelerated […]
ByAbba's Aces: The last time I wrote about Visa Inc. (V) I stated, "I'm not going to be buying right now." After writing the article the stock increased 5.05% versus the 5.94% gain the S&P 500 (SPY) posted. Visa is a global payments and technology company that connects consumers, financial institutions and merchants. Show More Summary
Bitcoin's greatest potential is as a global payments network, to power transactions that are extremely low-cost, virtually frictionless, and easily flow across national borders. In a recent report from BI Intelligence, Business Insider's...Show More Summary