Did PayPay pay too much for Xoom yesterday? The purchase price of $890 million put a 25% premium on Xoom’s stock price, which has been on a torrid climb since April. That’s $890 million for a company that lost money last quarter. So why would PayPal give Xoom shareholders soRead More
Post Tagged with: "international"
DENVER — To call it simple is to praise it too greatly. What TSYS introduced at BAI Retail Delivery yesterday was so basic, it was almost shocking to this attendee at the conference’s Innovation Showcase. The offering: an ability for credit card users to push to issuers a notification thatRead More
P2PCash P2PCash was born out of the microfinance movement and aims to enable the inexpensive movement of cash between individuals regardless of location. Any cellphone can tap into the network, which also consists of retailers for the dispensing of cash. The service will work just about the anywhere in theRead More
Leverage is the ultimate arbiter in a negotiation, the determinant of what can and cannot be done, who should and should not be compensated, and by how much. It is also, however, much like beauty: all in the eyes of the beholder. One party’s sense of leverage is another’s senseRead More