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PayPal eyes opportunities in outer space

PayPal, which claims more than 128 million active accounts in 193 markets and 25 currencies around the globe, is now looking at outer space.

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Stop spying on us, European Parliament tells US

The European Parliament on Thursday gave its consent to suspend data-sharing deals with the United States following the allegations about spying and the Prism scandal.

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Use of Amazon's cloud approved for Dutch banks

The Netherlands banking regulator has approved Amazon Web Services (AWS) for use by financial organizations, Amazon said on Monday.

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NYSE builds business around resilient infrastructure services

After the terrorist strikes of Sept. 11, 2001, the New York Stock Exchange (NYSE) learned some valuable lessons in keeping a time-sensitive financial trading network alive during a time of crisis.

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Gimme shelter: Wall Street braces for next superstorm

Heading into the heart of hurricane season 10 months after Sandy slammed the New York metropolitan area, Wall Street has had time to reassess and revamp backup plans.

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MyNetFone appoints new CFO

Australian telecommunications provider, MyNetFone (MNF), has appointed Matthew Gepp to the position of chief financial officer (CFO).

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TechnologyOne signs $3 million deal as preferred supplier for local government

Software company, TechnologyOne, has signed a $3 million deal with Queensland’s Toowoomba Regional Council (TRC).

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Forthcoming PCI changes will bring challenges for payment card network community

Organizations that make use of SSH keys for secure access to servers should be aware that they may need to make some changes soon when it comes to managing any of their networks related to payment-card...

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Carriers' ISIS mobile wallet opens up across US

The ISIS Mobile Wallet went live on Thursday, bringing NFC-powered shopping to consumers across the U.S. through a venture backed by three of the nation's top four carriers.

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Belgian card payment network crashes two days after record usage

Belgium's card payment network failed on Monday night, leaving millions of Belgians unable to pay at stores or to withdraw cash from ATMs and self-service terminals inside banks.

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Euro electronic payments will fail unless SEPA deadline is extended, warns...

Many electronic payments will fail in Europe next month, unless the deadline for switching to the new SEPA payment system is extended, the European Commission warned Thursday.

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Extended SEPA deadline may keep German electronic payment system running

A six-month deadline extension could be enough to keep Germany's electronics payment system running, new German Central Bank figures on SEPA payment adoption showed Monday.

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Bitcoin investors, legal experts grilled by New York regulators

Bitcoin could gain widespread acceptance if clear government rules are put in place, but burdensome regulations could clip the wings of a fledgling industry, some of the biggest names in Bitcoin...

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Next-gen mobile bill pay: No data entry required

Do you still depend on monthly paper bills received via snailmail? Soon, you may be able to pay those bills by using your smartphone to photograph them along with either a personal check or credit card.

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Bitcoin regulation urged by law enforcement officials at New York hearing

Law enforcement officials urged regulatory authorities to issue rules for virtual currencies at a New York public hearing Wednesday, as entrepreneurs pointed to the growing acceptance of the Bitcoin...

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Bitcoin regulation urged by law enforcement officials at New York hearing

Law enforcement officials urged regulatory authorities to issue rules for virtual currencies at a New York public hearing Wednesday, as entrepreneurs pointed to the growing acceptance of the Bitcoin...

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Bitcoin price plunges as Mt. Gox says flaw in protocol allows fraud

Bitcoin software has a bug that allows fraud, Tokyo-based bitcoin exchange Mt. Gox said Monday. The news was followed by a new fall in the value of the digital currency.

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Banks turn to smartphone tech to fight online fraud

To ward off cyber-crooks trying to break into customers' accounts, banks are expanding their security efforts beyond desktops and onto iPhones and other mobile devices.

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Bloomberg clamps down with data-access policies after scandal

Financial data and news company Bloomberg has developed in-house access controls and embraced several other technological fixes after it emerged last year that the company's journalists had routinely...

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Bitcoin exchange Mt. Gox files for bankruptcy with debts of $63.6 million

Embattled Bitcoin exchange Mt. Gox is filing for bankruptcy protection with liabilities of ¥6.5 billion (US$63.6 million), according to Japanese media reports.

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