Can anyone claim ownership of “selfie pay” technology? Self-proclaimed “Queen of Selfies” Kim Kardashian believes that she can — and so confident is she in that belief that she has filed three separate lawsuits against Amazon, MasterCard and Lucova, claiming intellectual property infringement in the...
Uphold, a cloud-based financial platform, has made a big move in the cross-border payments space by bringing its services to India. The company announced yesterday (March 31) that its members — across any market — can use Uphold to send money instantly to any person in...
In a catch-22 that has real-life consequences, as outlined by The Wall Street Journal on Thursday (March 31), banks in the United States have closed accounts of people and enterprises — numbering in the thousands — considered suspicious. Account owners range from foreign banks to nonprofits to money transfer firms,...
The U.S. Department of Justice issued a serious warning to the public about the looming threats of fraudulent tax return processors and tax scheme promoters. Tax Day is officially just weeks away, and with that, the DOJ issued a statement to taxpayers on Thursday (March...
One of the problems with a company that wields as much influence in the industry as Amazon does is that sometimes it forces its main competitors to become more like it just to stay alive. That’s certainly what it looks like Postmates is doing —...
Everyone knows that politics makes for strange bedfellows … but, apparently, the same can now be said for the ride-sharing business. As part of a continued effort to show its appreciation for its drivers (and perhaps keep them loyal to the company, while attracting new...
On the cusp of his farewell tour, David Ortiz is set to announce the launch of his own mobile payments app. Like the player himself, he promises the app, called PapiPay, will be “powerful.”
The saga between the FBI and Apple over the infamous San Bernardino iPhone took a series of unexpected turns this week. First, the Department of Justice abruptly withdrew legal action against Apple in regards to unlocking the phone after the FBI managed to unlock the phone without...
After years of dreams about a high-speed rail line linking the West Coast’s metropolises, it finally looks like one might end up as a reality. California-based XpressWest has partnered with a group backed China Railway, the national rail company of the People’s Republic of China,...
