Adyen And The Changing Face Of Cross-Border Payment Christmas, it seems, has come early for global payments technology company Adyen this year. The Amsterdam-based business announced a $250 million funding round Tuesday (December 16), led by global growth equity investor General Atlantic, (with participation from...
Financially underserved consumers now spend more than $100 billion a year on financial fee and interest charges, according to a report released Thursday (Dec. 11) by the Center for Financial Service Innovation. The CFSI estimated that underbanked U.S. consumers used $1.3 trillion in financial products...
Bitcoin, and all blockchain-based currency, doesn’t lack for ways to be interesting. Given that it’s a technological marvel, an unceasing font of interesting headlines about the players who trade in it and a thrill a minute roller coaster ride for investors, bitcoin is never boring....
PYMNTS.com Bitcoin Price and Volatility index. Bitcoin Tracker | Week 51 Bitcoin is sitting around the same as it was before Thanksgiving at 367.21 from 357.64, according to the PYMNTS.com Bitcoin Price index. PYMNTS.com caught up with Purse CEO and co-founder, Andrew Lee. This week’s...
Judging by the headlines, the Grinch descended from Mt. Crumpit on Black Friday and stole Christmas – or at least the shoppers that would make Christmas merry for the U.S, economy. A Google search of the term “Black Friday” on December 3rd pulled up “Who...
“Vague but exciting.” These three words could be used to describe just about any early-stage idea when it’s first presented. I’ll bet every investor or strategic partner has had the same reaction to many of the ideas they’ve been pitched over the years to reinvent...
Hard to believe it was just 30 days ago that Apple Pay officially launched and even harder to believe how different the ecosystem is today as opposed to what it was 31 days ago. Some are firmly in the camp that Apple’s entrance into payments...
By the year 2020, 90 percent of the world’s population over 6 years of age will have a mobile phone, making them candidates for mobile payments, according to the annual Mobility Report that Swedish networking giant Ericsson released this month.
A New Take On Commercial Lending Picks Up In the wake of the financial meltdown and resulting credit crackdown lending slowed, and in some cases ground to a screeching halt. Among the hardest hit were small business. The Small Business Administration reports that...
