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Tradehill, the major Bitcoin exchange that shut down last month citing regulatory problems, has filed a lawsuit against the payment startup Dwolla. Tradehill charges that Dwolla cheated it out of more than $160,000. According the lawsuit, the loss of funds forced most of Tradehill’s employees to work without pay beginning in September 2011 and was a major [...]

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Within four years consumers will be able to leave their wallets at home as digital currencies supplant traditional payment methods for shopping at retail stores, according to forecasts from PayPal. The bold prediction comes as Paypal announces that it now has more than 100 million active accounts worldwide. "Consumers are increasingly giving up traditional payment [...]

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PaySecure Connect, the most advanced PCI-compliant payment and communications service for merchants, is set to launch at the biggest UK retail technology event of the year. Powered by technologies from industry heavyweights InTechnology, Phoenix Managed Networks and Mako Networks, PaySecure Connect provides a highly secure, PCI-certified payment infrastructure over a resilient MPLS network.  The pioneering service [...]

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Experian, the global information services company, announced that it has completed the acquisition of 192business Limited, a leading UK based provider of online identity verification services. 192business will form part of Experian’s Decision Analytics business line. The acquisition further enhances the range of identity verification and fraud prevention services Experian is able to offer clients [...]

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CashFlows, today announces the launch of its Mobile Money Box, an e-payment service for Mobile Network operators. The Mobile Money Box is a white-label solution that Mobile Operators can quickly deploy to support all their e-payments and e-money activities including contactless payments and an increasing range of payment apps, powered and operated on their behalf [...]

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