According to a recent RAPSI article, Pavel Vrublevsky, the co-founder and owner of ChronoPay – one of Russia’s largest e-payment providers – was released on parole this week. Last summer, Vrublevsky was convicted of masterminding a DDoS attack on Aeroflot’s website in 2010 and sentenced...
Total System Services de México (TSYS) and Multos International announced a new product launch this week that uses the MULTOS chip card technology solutions in TSYS’ latest EMV services offering to support banks and financial institutions. According to a Multos press release, the innovation includes...
Visa announced yesterday a new designation for consumer reload-able prepaid products that aims to simplify and clarify fees, step-up consumer protections and make prepaid solutions a valid tool for getting onto stronger financial footing. “Consumers have been confused by an often complex prepaid landscape,” said Ryan McInerney, president,...
Later today, bulk retailer Sam’s club is expected to announce its official switchover to EMV technology, reports The New York Times, making it the first major American retailer to make the jump. “This is all part of our road map to get to more secure transactions,” said...
Sometimes things work and sometimes they don’t. It looks like Zavers, the online coupon program that was launched through Google 17 months ago, is just going to be one of those things that didn’t work out. Google announced yesterday that it is pulling the program,...
Retail giant Sears is introducing three flagship stores in Illinois this month called “Connected Solutions.” According to a recent Twice article, the new retail locations will provide a selection of smart, connected home and personal automation devices across the CE, fitness, automotive, home and mobile...
It seems everyone lately is looking to bring bitcoins into the legally controlled mainstream, and now the SEC is getting in on the act. Yesterday, the Securities and Exchange Commission announced charges against bitcoin marketing site FeedZeBirds and the operator of bitcoin betting site SatoshiDice...
Cardflight, a provider of mobile POS technology, announced this week that it will incorporate Apple’s Touch ID technology into its SwipeSimple mobile payments application. According to a Cardflight statement, following Apple’s release of iOS 8, merchants will be able to login to the SwipeSimple application...
Earlier this week, Mentor Capital, Inc. announced that its portfolio company, Bhang Corporation, established Bhang Financial. This new division will offer the Cannabis Community non-cash payment options with Cashless ATMs for PIN Debit Network transactions and ATMs, according to a company press release. Bhang Corporation...
