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Saxo/SafeCharge Pair On Cross-Border Payments
January 08, 2016

Transaction services provider Saxo Payments announced a new partnership with SafeCharge, a FinTech company, to extend fast and cost-effective cross-border payment services in multiple currencies to companies around the world. With the partnership in place, SafeCharge will effectively be able to render services, extended by Saxo Payments...

Security & Fraud
Uber To Pay Up $20K In Tracking, Data Breach Probe
January 07, 2016

To settle a probe into its privacy practices by New York’s attorney general, Uber has agreed to pay a fine of $20,000 as well as reevaluate how its handles sensitive user data, The Wall Street Journal reported Thursday (Jan. 7). The case was brought against...

GoButler On-Demand Service App Heads For The States
January 07, 2016

A Germany-based startup is uprooting itself — at least for the time being — and heading for the U.S. TechCrunch reported yesterday (Jan. 6) that GoButler — the messaging-based personal assistant — has paused its German operations to focus solely on the U.S. (the company already has an office...

Mobile Commerce
Blackhawk Network Buys GiftCards.com
January 07, 2016

Prepaid card and payments firm Blackhawk Network said on Wednesday (Jan. 6) that it has bought GiftCards.com. The latter company sells digital and physical prepaid cards through the site and also operates OmniCard, which sells reward and prepaid solutions for business clients. The deal is...

International
Xfers Banks $2.5M To Streamline Online Seller Bank Transfers
January 07, 2016

Xfers, the Singapore-based startup that focuses on bank transfers, said on Wednesday (Jan. 6) that it garnered $2.5 million in a seed round. As TechCrunch reported in the wake of the fundraising, Xfers will look to use the investment to boost its presence beyond its...

Security & Fraud
CyberVista Joins The Cybersecurity Training Ecosystem
January 07, 2016

A new cybersecurity firm, CyberVista, debuted yesterday (Jan. 6) during the CES CyberSecurity Forum at CES 2016 in Las Vegas and aims to help organizations reduce the risk of cyberattacks through education and workforce development. CyberVista is a wholly owned subsidiary of Graham Holdings Company and sister...

Merchant Innovation
China’s Ride-Hailing King Has eCommerce Ambitions
January 07, 2016

Chinese ride-hailing app company Didi Kuaidi is expanding its test drive service to unlock a whole new market of automobile eCommerce to its user base, the company announced. The test drive service, which was launched in October last year, allows users to take one of the 92...

News
Apple App Store’s Sales Surge, But Is Growth Slowing?
January 07, 2016

Apple’s App Store results show the company had a banner 2015 year, but is that momentum slowing? While the tech giant recorded a record-breaking $20 billion in sales from its App Store — bringing in more than $6 billion in revenue — there’s also signs...

Merchant Innovation
‘Magic’ Makes Everything On-Demand (For The Wealthy)
January 07, 2016

Imagine being able to receive almost anything you want at the drop of a text message. Silicon Valley startup Magic is making that happen but for a price. Magic allows consumers to order services, food and products simply by texting the service, making anything from...