One of online gaming’s hottest rivalries is at an end. Yesterday, Optimal Payments – parent company of the Neteller digital wallet – announced its $1.2 billion dollar acquisition of Skrill – parent of the eponymously named mobile product. The deal will combine Neteller digital payments...
What do you get when you bring eight payments, retail and commerce executives together to debate whether omnichannel is the future of retail? A consensus that things on the omnichannel front need to move much faster. Don Kingsborough, retail pioneer and payments innovator, and eBay’s Mark...
Talking about innovations in payments can’t be done without discussing the technologies behind the innovations that drove the industry in the direction it has landed at today. With the conversations shifting toward “the next big thing,” and focused on topics like mobile payments, online banking or...
Alibaba Group might as well call be called Alibaba Investments. From high-fashion furniture, film productions and messaging apps — to Lyft and Snapchat — Alibaba’s lengthy, and growing, list of investments show it’s more than just an Internet giant and more than a eCommerce powerhouse....
There are 2.5 billion in the world without a bank account. That number is familiar and been reported widely. What’s lesser known is that a majority of those 2.5 billion unbanked people are women. And that presents a problem not only for the women who,...
Everyone believes mobile payments are the next big thing. It’s just that no one quite knows when that next big thing is likely to take off, or what exactly it’s going to look like. “I think that’s where the future is going to be going...
“If we were building a financial system from scratch today, we’d do it on a digital platform,” Bill Gates once said in an address on behalf of the Alliance for Financial Inclusion. That’s not possible, of course (as Gates acknowledges), but what is possible is launching...
Yesterday (March 4), PayPal President, Dan Schulman, gave his first public speaking engagement since taking the reins. One thing he made very clear: PayPal is taking full advantage of a system “ripe for disruption.” And, Schulman, said, is well-positioned to not just compete, but win....
Breach, what breach? What a difference a year makes. Whatever hit to the bottom line Target experienced last year in the wake of the 2013 breach – and it was a big one — seems but a distant memory today. Target posted better-than-expected fourth-quarter earnings...
