Wirecard Shares Show Volatility of Fintech Sector

As the financial technology sector continues its meteoric rise, regulators are beginning discussions over how to best approach regulations for the new industry. Because of the youngness of the sector, and its connection to traditional investment firms, fintech faces some unique challenges that some other new industries don’t necessarily face. More and more fintech companies … Read more

Blackhawk Network Launches Incentives Division

Prepaid and payments network Blackhawk Network has launched Blackhawk Engagement Solutions, its new division committed to offering customized engagement, incentive and rebate programs for consumers, sales channels, and employees. Blackhawk Engagement Solutions is the product of the network’s recent acquisitions of incentive providers that include Incentec Solutions, Incentive CardLab, InteliSpend and parago. “Blackhawk Network is a leader in providing unique and easily accessible … Read more

Denmark Pushes Forward with Cashless Payments

Sweden is not the only country interested in eradicating cash. Its neighbor, Denmark, is also making great strides to lessen the circulation of banknotes in the country. Two decades ago, roughly 80 percent of Danish citizens relied on hard cash while shopping. Fast forward to today, that figure has dropped dramatically to 25 percent. “We’re … Read more

Good News, Bad News: Dunkin’ Donuts Now Takes Apple Pay

As Thanksgiving approached through the United States, we were first introduced to the Dunkin’ Donuts mobile payment system. Then undergoing tests, the Dunkin’ Donuts app allowed for advance orders of food and drink, and in Dallas, it was connected to a delivery system. Now, a new report puts Dunkin’ Donuts on the newest list of … Read more

Verifone Acquires Curb, Expands E-hail, Payments and Media Business

Payments and commerce solutions provider Verifone has expanded its taxi and car-for-hire electronic hailing, payment and media business with the acquisition of Curb. This acquisition further improves Verifone’s e-hail and payment app business with additional technology and a bigger network of drivers and vehicles across the US. Formerly Taxi Magic, Curb connects people in about … Read more

Is London the Fintech Capital of the World?

There’s been a lot buzz around the growing financial technology sector and its ever increasing role as a disruptor of traditional banks. Now that the dust has settled and fintech and secured its place as a major industry, people are now asking which region boasts the most innovation and influence. The position of top dog … Read more

CashStar Raises $15 Million in Growth Capital

CashStar, a prepaid commerce provider, announced the closing of $15 million in growth capital. FTV Capital led the Series D round, including Mosaik Partners and existing investors Passport Capital, Intel Capital, and North Hill Ventures among others. This financing brings the total capital raised by CashStar to $50 million and will enable the company to … Read more

PM-International Taps Hyperwallet’s Branded Payment Solutions for Commission Distribution

European direct selling company PM-International AG has selected Hyperwallet to provide its global network of Team Partners with unified, multi-currency commission payments. PM-International sells health, beauty and wellness products through its Team Partners in 35 countries across Asia, Europe and North America. It will first deploy Hyperwallet’s payment services to direct-to-bank local bank deposits this … Read more

First Data Teams up with Capgemini to Develop Next Generation Payment Solutions

Global payment processing company, First Data Corporation, has teamed up with Capgemini, a leading provider of technology, consulting, and outsourcing services, to develop next generation payment technology software based on First Data’s AccessPLUS and VisionPLUS solutions. The two companies expect to start offering new technologies in the second quarter of 2015. This partnership will leverage First Data’ … Read more