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Headline News from PaymentsNews.com – May 24, 2017

Headline News from PaymentsNews.com – May 24, 2017

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide! ON THE WEB Target to Pay $18.5 Million to Settle Massive 2013 Data Breach – Wall Street Journal (Paywall) – “Target Corp. on Tuesday agreed to pay $18.5 million to resolve an investigation [...]

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Bitcoin soars above $2,400 to all-time high

Bitcoin soars above $2,400 to all-time high

Digital currency bitcoin hit a fresh record high on Wednesday, surging above $2,400, as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology. Blockchain, the underlying technology behind bitcoin, is a financial ledger maintained by a network of computers that can track the movement of any [...]

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Wearable tech latest must-have for China’s proud pet owners

Wearable tech latest must-have for China’s proud pet owners

HONG KONG Electronic device makers such as Hong Kong-listed SUGA (0912.HK) and other start-ups are looking to cash-in on a boom in China in so-called pet wearables, like smart collars, leashes and feeders. Pet ownership, denounced as a decadent and bourgeois habit after the Communist Party took power in China more than 60 years ago, [...]

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