Is PayPal on the Ropes?

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The hits are coming fast and furious to PayPal in what's adding up to be the most serious threats to the payment system giant to date. Three of the most powerful banks in the U.S. – Bank of America N.A., JPMorgan Chase & Co. and Wells Fargo – have come together to create clearXchange, a person-to-person mobile payment system…. [[ …

Singapore’s Start-up, Stream Media Raises $780,000

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Stream Media, a Singapore-based mobile start-up has raised US$780,000 in a Series A funding led by Stream Glbal Pte Ltd and Singtel Innov8. This fresh fund will provide Stream Media with enough resources to further develop and market its MoVend mobile payment product. MoVend is a mobile in-app payment platform that allows users to buy […] Related posts: Singapore start-up …