Payment Methods

MCX Taps Paydiant For mPayments Support
March 10, 2014

Merchant Customer Exchange (MCX) has signed a deal with Paydiant that will integrate its white-label, cloud-based platform with MCX’s mobile commerce system. MCX members can now utilize mobile payments solutions and launch mobile point-of-sales terminals through the group’s system, the company said in a Feb....

Alternative Finances
Inside MasterCard’s C-SAM Acquisition
March 10, 2014

MasterCard today took a strong move to push out mobile-wallet technology faster globally, including its own MasterPass digital service, with the announced planned acquisition of long-time partner C-SAM, whose platform supports not just payments but also customer-specific offers, loyalty incentives, banking, bill-pay options and nonfinancial...

Paysbuy Planning New Services For 2014
March 10, 2014

04 March 2014 Paysbuy, an online payment service provider, says it will launch a series of new services over the course of the next 10 months. Part of the initiative includes the launch of a media property, Telecompaper.com,Tech In Asia reported on Feb. 27 Paysbuy is...

Hacker Steals Mt. Gox Source Code, Customer Data
March 10, 2014

04 March 2014 The source code for Mt. Gox, the troubled virtual-currency exchange, has been leaked online by an anonymous hacker. Additionally, the person also disclosed to TechCrunch that he or she stole 20GB worth of customer information, including allegedly passport and other personal identification data. The...

ComScore: Italian Use Of Retail Apps Soars Nearly 75%
March 10, 2014

04 MArch 201a Use of retail apps and websites in Italy jumped sharply last year, according to comScore’s latest Mobile Advisor Study. Traffic to online retail platforms from mobile devices soared 74.8 percent, comScore announced March 3. Retail traffic accounted for 23.8 percent of all...

Student Loan Support Platform Nabs $500K
March 10, 2014

04 March 2014 Credible, the startup developer of a student loan services platform, has announced the completion of a $500,000 venture funding round. Credible aims to address an issue common among many college graduates: high debt loads. The platform enables users to more easily switch...

Financial Inclusion
MasterCard Expands Acceptance Areas In Africa
March 10, 2014

04 March 2014 MasterCard has announced that it has expanded to seven new markets in Africa. The development raises the number of African markets that accept MasterCard to 48, the company said in a March 4 press release. MasterCard products and services are now accepted in...

Study: 16 Percent Of Consumers Use mWallets
March 10, 2014

04 March 2014 A new study from the Yankee Group has poured some cold water on mobile payments adoption. Only 16 percent of smartphone owners have used their device to make a payment in-store, the study found. Of those, 73 percent use them five times...

Overstock.com Bitcoin Transaction Pass the $1M Mark
March 10, 2014

05 March 2014 Overstock.com customers have officially made more than $1 million in purchases with bitcoins. The online retailer partnered with Coin Base in early January 2014 to accept the digital currency, meaning the million-dollar milestone was surpassed in slightly less than two months. In...