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Larry Summers Likes the Idea of Bitcoin

The former Treasury secretary said the virtual currency could help reduce costs and inefficiencies in the global payments system. But so could other payment technologies.

A Q&A with the man who wants to build a global payments empire based around traditional store registers

Ingenico Group is the world's largest payment-terminal, as measured by shipments. That means their brand is on more retail-store registers than any other company's. But Paris-based Ingenico has historically been weaker in the US. Ingenico...Show More Summary

Announcing the 2015 European Tech5: Identifying Europe’s fastest-growing tech companies

It’s time once again for a look at who were the fastest growing European tech startups of the last few years! Around this time last year we launched the inaugural iteration of Tech5. Together with our partner Adyen (a global payments...Show More Summary

Last Call: United Global Entry Fee Payment Code

Global Entry is an expedited immigration program that can make traveling internationally a relative breeze. It allows you to bypass the lines at immigration by using a kiosk rather than speaking to a Customs and Border Patrol (CBP) agent. The...Show More Summary

Western Union Gets Behind Apple Pay Momentum

Western Union, perhaps the most recognized name in global payment services, announced this week that it will offer the red-hot Apple Pay mobile payment solution at Western Union’s flagship locations. With the stated goal being to provide consumers yet another way to fund global money transfers and bill payments in the United States, Western Union […]

Tensions high as Greece's new government swings left

Talks over offering the country relief from its crushing bailout payments could have major repercussions for the global economy

China: Yuan gains in payment status

China’s yuan broke into the top five as a world payment currency in November, overtaking the Canadian dollar and the Australian dollar, global transaction services organisation SWIFT said yesterday. ||| CHINA’S yuan broke into the top...Show More Summary

RMB breaks into the top five as a world payments currency

``According to SWIFT data, the Chinese yuan overtook the Canadian and Australian dollar as a global payments currency in November 2014, and now takes position behind the Japanese Yen, British pound, Euro and US dollar''

Apple loses global payments executive to eBay as

It appears that eBay is stocking up on talent in preparation of an inevitable separation from PayPal, the latest hire being Bora Chung, a payments expert who served as Apple's worldwide payments for the Online Apple Store since 2010...

Global Payments Inc (GPN) Fiscal 2015 Second Quarter Conference Call Transcript

Below is the transcript of the Global Payments Inc (NASDAQ:GPN) Fiscal 2015 Second Quarter Conference Call made on Thursday, January 8, 2015, 08:00 AM ET. Global Payments Inc (NASDAQ:GPN) is a Fortune 1000 company  that describes itself...Show More Summary

How cell phones are revolutionizing access to financial services

Across the Global North, online banking solidifies its dominance and apps like Venmo simplify mobile payments. In the Global South, people with little money to their name struggle to open bank accounts, get loans, and make payments.Show More Summary

Payment startups are everywhere, chipping away at the banks

Does money really make the world go round? Well, I’m not sure about that, whatever Liza Minnelli says, but what I do know is that getting money from pocket A to pocket B is a key area of focus in the global financial technology (fintech) scene right now. Of the four main fintech segments that investors […]

Line’s COO Becomes Its New CEO As The Messaging Company Targets Global Growth

2 months agoTechnology : TechCrunch

Fresh from launching its payment service and buying MixRadio from Microsoft, Japan-based messaging app Line has announced a change at the top with current COO Takeshi Idezawa taking over from Akira Morikawa as CEO. Read More

Bitcoin: The Next Internet?

by Dish Staff Tim Lee believes the crypto-currency can thrive as a global payment system, even if it fails as a currency. He compares it to another innovation that proved far more influential than anyone thought it would be: History suggests that open platforms like Bitcoin often become fertile soil for innovation. Think about the […]

TTC to Accept Debit and Credit Payment for Fares

2 months agoCanada / Toronto : Torontoist

The The TTC is venturing boldly into the 1990s. Starting January 1, customers will be able to use their debit and credit cards to purchase fares at all subway stations. “In a global city like Toronto, the idea that most transactions would have to take place with cash is something that is almost prehistoric,” said Mayor […]

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