The information you need to start your day, from PaymentsSource and around the Web: Sweetening the deal Visa has upped its offer for Earthport to about $319 milion, or 12 percent more than Mastercard’s bid in January as the two card networks battle to acquire the cross-border payment company. Earthport, which had originally supported Mastercard’s…
Read more
The information you need to start your day, from PaymentsSource and around the Web: Interac exports debit tech to the Middle East Interac, Canada’s national debit network, has been shopping its digital payments technology outside of Canada, and won a contract with Mint, a payments technology company in the United Arab Emirates. Interac will license…
Read more
The information you need to start your day, from PaymentsSource and around the Web: Speaking of Starbucks Starbucks gets a huge share of business via its mobile app, and is often an early adopter of retail trends such as no-cash stores. In South Korea, it’s plunging into voice ordering. Starbucks Coffee Korea, a 50/50 venture…
Read more
The information you need to start your day, from PaymentsSource and around the Web: The ransoming of Atlanta About 8,000 city workers in Atlanta were able to turn on their computers for the first time in about a week after a ransomware attack. The New York Times reports the attack halted payments for traffic tickets…
Read more
The information you need to start your day, from PaymentsSource and around the Web: Uber the money Uber has applied for an e-money license from the Dutch central bank, a move designed to diversify the ride sharing app’s financial options and gain new revenue streams from its considerable enrollment base. An Uber spokesperson told Sky…
Read more
The information you need to start your day, from PaymentsSource and around the Web: Google Pay digs deeper Now that Google has merged its Android Pay and Google Wallet apps into Google Pay, it is taking steps to expand the app’s capabilities. A new version of the Google Pay app gets access to the user’s…
Read more
The information you need to start your day, from PaymentsSource and around the Web: Anti-gun protest targets Visa Financial services companies have felt pressure to distance themselves from the gun industry since the Parkland, Fla. high school shooting. That movement is coming to Visa’s offices in Foster City, Calif., on Thursday. The protesters will demand…
Read more
The information you need to start your day, from PaymentsSource and around the Web: Securing shared data for PSD2 Citi and Kabbage are among the founding members of a consortium set up by the World Economic Forum to improve cybersecurity in the fintech and data aggregation industries. This is of particular importance as the complex…
Read more
The information you need to start your day, from PaymentsSource and around the Web: Real speed for virtual currency: Virtual currencies have lagged as an option for payments, existing mostly as an investment asset. PayPal suspects slow transaction speed is to blame, and has filed for a patent that would expedite cryptocurrency transactions through a…
Read more
The information you need to start your day, from PaymentsSource and around the Web: This time it’s checks: Amazon is in discussion with JPMorgan Chase and other large banks about building a checking account for its consumers, reports The Wall Street Journal, citing unnamed sources. The talks are very early and may not lead anywhere,…
Read more