Orange Money, a small business lender operating out of the U.K. announced in a press release on Feb. 24 that it would be acquiring Everline from embattled payday lender Wonga. This deal would make Orange Money (which trades under Ezbob) the largest e-business lender in...
The world’s biggest maker of SIM cards for mobile phones, Gemalto, confirmed in an early AM press conference that it has “reasonable grounds” to believe that the NSA and GCHQ hacked its network in 2010-2011. The Dutch firm went on to note that while the...
British payday lenders must publish the costs of their loans on comparison websites so consumers can shop for the best deals, the U.K.’s Competition and Markets Authority (CMA) announced on Tuesday (Feb. 24). Get the Full Story Complete the form to unlock this article and...
MasterCard now has cloud-based in-store mobile payments live in 15 countries, with another 10 in the pipeline, the card brand announced on Tuesday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Turkey has got itself an online retailer that seems a lot like Amazon.com, and that’s no accident. 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...
Conventional wisdom would say that delivering a solution that’s faster, better and smarter is impossible since you often sacrifice one or two of those attributes to get the other(s). But Fiserv’s SVP of Emerging Payments, Ginger Schmeltzer says that all three are, in fact, what...
First it was Chinese authorities investigating Alibaba for letting fake and substandard goods be sold through its online marketplaces. Then the Securities and Exchange Commission wanted to know why Alibaba didn’t reveal that investigation before its record-setting, $25 billion IPO last September. Now — with...
Global efforts to prevent money laundering are both ineffective and incredibly expensive to maintain — and poor countries are the ones hit hardest by that cost, according to a commentary for Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...
After reports last week that Gemalto had seen the encryption keys for its SIM cards stolen by the NSA and GCHQ , the Dutch company has officially responded that its products are secure. Get the Full Story Complete the form to unlock this article and enjoy...
