Trend Results : Global Payments


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George Orwell's Monetary Policy

Via Global Macro Monitor, “Tightening is Easing” Since U.S. monetary policy began tightening in December 2015, the Fed has added liquidity to the financial system through interest payments to banks on excess reserves and has reduced its surplus to the Treasury adding to the fiscal deficit. Show More Summary

It's time to take your medicine and stop WannaCry ransomware in its tracks

Hackers attacked a hospital system with ransomware and demanded $17,000 in bitcoin payment.  This was not part of the potentially deadly Global WannaCry Ransomware attack that slammed Britain's National Health Services (NHS) on Friday. Show More Summary

Microsoft says WannaCry ransomware attack is a wake-up call for governments

A global ransomware attack hit thousands of Windows-based computers late last week, locking users' files and demanding Bitcoin payment to unlock them.  The attack, called WannaCry (or WannaCrypt), is a lesson to both the IT industry and consumers, Microsoft's President and Chief Legal Officer Brad Smith argued in a blog post Sunday. Show More Summary

Bitcoin's Role in the Global Hack

In the wake of a global wave of cyberattacks that demanded payment in bitcoin, new attention is being focused once again on the digital currency’s role in hacking and illegal money movements.

Alipay is setting up for global dominance

This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. A major partnership between popular Chinese mobile wallet Alipay and US payment processor First Data will accelerate Alipay’s path toward global dominance in the mobile wallet space. Show More Summary

The surprising way to slash your payment declines (VB Live)

VB LIVE: An international launch poses a million pitfalls if you don’t understand the nuances of the global marketplace. How do you maximize acceptances, decrease churn, and hold your payment provider accountable for your success when you go global? Learn how in the latest VB Live event! Access this VB Live event right here on demand. “Global […]

Qualcomm accused Apple of a 'global attack' over royalty payments (AAPL, QCOM)

The battle between Apple and its chip supplier Qualcomm just turned seriously sour. Qualcomm's most senior lawyer, Don Rosenberg, accused Apple of launching a "global attack" on the company, because it's interfering with royalty payments...Show More Summary

PayPal follows Amazon, applies for mobile wallet license in India

Global payments major PayPal wants a slice of the blossoming mobile wallet pie in India, according to reports. The California-based firm has applied for a prepaid payment instrument (PPI) in the country. This comes at a time when the...Show More Summary

Samsung Pay makes its full debut in the Nordics and Middle East as it lands in 4 new markets globally

Samsung Pay has launched in four new markets around the world, as the mobile payments service makes its official full debut in the Middle East and the Nordics. Samsung Pay opened in Sweden in beta last month, while the United Arab Emirates (UAE) was added to the early-access list earlier this month. From now, Samsung Pay […]

Lawmakers seek details from Trump group on foreign payments

A lawyer representing Trump said the Trump Organization would turn the money over to the Treasury as part of a broad plan to address ethics concerns over Trump's global business ties. The lawmakers cite news reports indicating that the...Show More Summary

Payments processor Adyen says revenues doubled to $727 million in 2016, no plans for an IPO

2 months agoTechnology : Venture Beat

Adyen, the global payments processor that enables merchants to accept most kinds of payments online, on mobile, and in-store, has reported record revenues for 2016, having grown 99 percent year-on-year. The company said that it garnered €659 million ($727 million) last year, up from €331 million ($365 million) the year before. Show More Summary

Mastercard Gets Regulator Approval for VocaLink Acquisition

A U.K. regulator cleared the way Tuesday morning for Mastercard Inc. to acquire payment technology firm VocaLink Holdings Limited, allowing the global card network to expand beyond card payments.

Making the case for WhatsApp as a digital payments platform in India

WhatsApp isn't just a texting app. It's an all-encompassing platform. WhatsApp usage is ubiquitous in India. Out of 1.2 billion global users, 200 million are located in India, making the country the largest market for the messaging service. Show More Summary

Major Moves in Mobile Money for Western Union

On Wednesday, MMW learned that The Western Union Company — a global titan in payment services — announced that United States customers using its mobile app can now pay with Apple Pay when sending money transfers originating in the United States to more than 200 countries and territories worldwide (including domestic bill payments). Show More Summary

PayU Launches LazyPay; Buy Now, Pay After 15 Days!

Global payment gateway provider, PayU, has launched and interesting service for people in India. LazyPay, developed by PayU, now allows deferred payments by up to 15 days, in the same way, credit cards do. “The risk associated with the transactions are different but you face the same tedious procedures. Show More Summary

WhatsApp mulls move into digital payments, starting with India

2 months agoTechnology : Venture Beat

(Reuters) — Instant messaging app WhatsApp, owned by Facebook Inc, is mulling a foray into digital payment services in India, its first such offering globally, and has advertised to hire a digital transactions lead in the country. A WhatsApp move into digital payments in India, its biggest market that is home to 200 million of […]

PayThink Mobile pay apps still raise security fears

2 months agoTechnology : sCommerce

Among their many other functions, mobile devices now help us buy our morning coffee more quickly or pay back a friend with less hassle. According to Visa’s 2016 Digital Payments Study, global consumer adoption of mobile payments has tripled in the past year. And research from Capgemini projects a 10% growth rate in the volume […]

The Chinese billionaire behind Alibaba is being drawn into a bidding war over MoneyGram (MGI)

Traders are betting that Chinese billionaire Jack Ma is about to get drawn into a bidding war as he seeks to build a global payments empire. Ma's Ant Financial, the financial services company spun out from Alibaba, struck an $880 million...Show More Summary

Blast from the past: another keyword ad case where TM won't work

2 months agoIndustries / Law : 43(B)log

Int’l Payment Servs., LLC v. Cardpaymentoptions.com, Inc., NO. 2:14-cv-02604, 2015 WL 12656280 (C.D. Cal. Jun. 5, 2015) Old decision, popped up in Westclip. Plaintiff has a registration for ELITEPAY GLOBAL for its merchant payment solutions equipment, services and training business in the credit card processing industry. Show More Summary

Unbeatable best practices in subscription pricing (VB Live)

2 months agoTechnology : Venture Beat

VB LIVE: Subscriptions, both retail or SaaS, live or die by their payment processing. And making it a seamless process is increasingly tricky in a global marketplace. How do you marry strategy and tech seamlessly to make the global leap? Join industry leaders in our interactive VB Live event! Register here for free. In developed markets, like […]

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