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Following Amazon’s recent launch of a new mPOS solution, mobile payments rival Square has posted a defensive blog post explaining why “myths” that have been circulating about the company are “totally bogus”.
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eBay’s payments subsidiary, Braintree, which is part of the company’s PayPal unit, is in talks with Coinbase and other processing companies to integrate Bitcoin acceptance into its platform.
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Barclaycard is planning to extend the reach of its bPay contactless wristbands beyond payments by offering businesses customer behavioural data gathered from the wearable devices.
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European mPOS company SumUp has closed a double digit, million dollar, series C financing round, led by Russian FinTech venture capital fund, Life.Sreda.
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Cleaves has over 30 years of banking experience, most recently holding senior positions at Barclays as well as previously working at Deutsche Bank and J.P. Morgan.
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US supermarket chain Supervalu has said it is investigating a potential data breach that may have affected some of its 3,700+ stores.
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