In a departure from their roots as the internets premier destination for posting adorable pictures of children and ill-advised pictures of drinking, Facebook is making and entry into the payments industry with remittances and electronic money. Get the Full Story Complete the form to unlock this...
After an initial public offering at $26 a share, GrubHub stock surged upward 20 percent in its initial day of trading April 3. The stock had climbed as much as 50 percent over the course of day, but pulled back as tech stocks plummeted on...
British mCommerce company Weve will officially be stepping in to the mPay ring over the next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
LinkedIn Co-Founder Konstantin Guericke knows something about finding talent, since he co-founded the Internets most well known place to look for it – LinkedIn. The German-born Silcon Valley giant is now returning to the continent of his birth to embark on a different, and much...
Just East, which operates mobile app and websites to allow users to order food from local restaurants online, priced its initial public offering at 260 pence a share, giving it a market capitalization of $2.44 billion (£1.47 billion). Get the Full Story Complete the form...
A series of new regulations aimed at “ending the cycle of debt,” could push as many as one quarter of U.K. payday lenders out of business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In the wake of U.S. sanctions in response to Russia’s annexation of Crimea, Russian President Vladimir Putin has called for the creation of the country’s own payment system to rival Visa and MasterCard. Get the Full Story Complete the form to unlock this article and...
Requiring faster response to market change, the 186 banks owning Nordic processor Nets decided to pursue an owner with better expertise and commitment. It also sought a buyer with the capital necessary to appropriately fund Nets’ IT and technology needs. In the end, it chose...
For years, there have been efforts to do away with the use of paper cash and checks and replace them with more efficient electronic means of transferring value. And over time, one might think we’d get to an entirely electronic system. Get the Full Story...
