Gemalto has published the results of a street survey conducted amongst Dubai residents, revealing an overwhelming appetite for using contactless technologies not only with their banking cards, but also directly from their mobile phones, ...
Tags: Computer Products, software
PayPal, which claims more than 128 million active accounts in 193 markets and 25 currencies around the globe, is now looking at outer space. As space tourism is expected to take off, PayPal is exploring what payment systems will be like ...
Tags: PayPal, Computer Products, payment systems
With the previously $40,000 Carberp Trojan's source code now freely available, experts expect exceptionally destructive variants of the malware to flow onto the Internet. Carberp-based malware is expected to take advantage of the bootkit ...
Tags: Computer Products, software
What does it take to shake the Chinese market? If stock turmoil in Shanghai and talk of bank default don't strike fear in the heart of the nation, images of a metropolis falling into a chasm will perhaps do the trick. An image from the ...
Tags: Cash Squeeze, Banks
Applied Predictive Technologies (APT) has received a $100m minority investment from the merchant banking division of Goldman Sachs in a deal that APT describes as the largest investment in predictive analytics to date. Further reading How ...
Tags: Computer Products, software
The source code for the Carberp financial malware has been leaked online, increasing the risk that other cybercriminals will create their own variants based on it, according to researchers from Russian cybercrime investigations firm ...
Tags: Computer Products, software
Few subjects in China today are more interesting or all encompassing than urbanization, particularly as we enter a fascinating demographic shift that will reduce the rate of urbanization. China is simply running out of bodies in the ...
Tags: Urbanizatio, Aging, Relaxation Crisis
China edged its way toward a credit crunch last week, spooking investors, businesses, analysts – and perhaps more than anyone – the banks themselves. Liquidity in the country's money market appeared to suddenly dry up after a ...
Tags: Risky Economy, credit crunch
The Dubai Council for Marine & Maritime Industries holds membership meeting Thursday, Jun 27, 2013 The Dubai Council for Marine & Maritime Industries (DCMMI), the industry body representing the concerns of the marine and maritime ...
Tags: Dubai, Marine&Maritime Industries
Lloyds Bank is to work with mobile payments company Monitise to develop a suite of mobile card acceptance services for small businesses. The services will be developed on Monitise's mPOS platform and aimed, in particular, at ...
Tags: Lloyds Bank, Mobile Payments, Monitise
While mobile payments transform financial life in many less developed countries, retailers and payment providers in the U.S. and Europe are still trying to find the right incentives to drive adoption. The added convenience of mobile ...
Tags: Mobile Payments, credit cards
B&G Foods and Pinnacle Foods are evaluating plans to acquire Unilever's American salad dressing brand Wish-Bone. The sale, which is being managed by investment banking firm Goldman Sachs, is part of Unilevers' strategy to focus on its ...
Tags: Foods, Agriculture
China credit crunch fears sent the stockmarket tumbling almost 1.5 per cent lower, with investors fleeing materials as China called on its banks to control credit expansion risks and declared liquidity in its financial system was at "a ...
Tags: China, Investors, Banks, Financial System
JoS. A. Bank Clothiers, Inc confirmed that it has been and is considering strategic opportunities to enhance shareholder value, including seeking potential acquisitions to facilitate additional growth. Since the current team assumed ...
Tags: Apparel, Accessories
Social media can make financial institutions seem less dull and better engage customers, according to officials on a panel at the AB+F Retail Financial Services Forum. Engaging customers through social media is a “game ...
Tags: Social Media, Financial Services