MoneyGram Works To Restructure Debt; Could Seek Buyer

MoneyGram International is looking at alternatives for the payments company including a sale, reported Reuters. Reuters, citing people familiar with the matter, reported MoneyGram is being prompted by its failed bid to sell itself to Ant Financial of China for $1.2 billion to look for strategic alternatives. Reuters reported that in addition to exploring strategic alternatives, the company is currently

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Mastercard To Apply For China Payments License

Mastercard, the payments company, said late last week that it is still committed to operating in China. In a press release, Mastercard said that it is making every effort to secure the license to access the domestic Chinese market and confirmed it is in active talks with different solutions. Mastercard said it plans to present another application for a bank

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Bitcoin Daily: Overstock’s tZERO Starts Trading, Coinbase Partners With TurboTax

Business for bitcoin ATM companies seems to be booming, with Coin ATM Radar estimating that there are now 4,213 cryptocurrency ATM machines around the globe, most only offering bitcoin. Matias Goldenhörn, director of Latin America operations at the ATM operator Athena Bitcoin, told CoinDesk that the ATMs are “becoming a real alternative to banks.” “The machines have proven resilient to the

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Twitter Data Breach Prompts GDPR Investigation

The Irish Data Protection Commissioner (DPC) is Twitter’s lead regulator in the European Union. On Friday (Jan. 25), the DPC said it was again looking into the social media giant because of another breach notification it received from the company, according to a report from Reuters. “The DPC has this week opened a new statutory inquiry into the latest data

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