Payroll and benefits company Paychex announced yesterday (August 5) that it had launched a new payroll card program with the help of Netspend and MasterCard. Called Skylight PayOptions Program, the new initiative gives SMEs another alternative to direct deposit and paper paychecks. With Skylight, employee...
Payment provider CashFlows and cloud accounting firm Clear Books teamed up to create the first fully integrated cloud-based accountancy and online business banking service for SMEs. The two companies announced the launch of their new tool yesterday (August 5), and said that it will make...
The Centers for Medicare and Medicaid (CMS) was forced to temporarily shut down its verification system for its physician payment website after a glitch was discovered that at least one doctor had payments wrongly attributed to him. Get the Full Story Complete the form to...
Last week merchant services firm Payhub announced that it added integrations with two third-party companies to improve its online payment options for customers. Multi-vendor shopping cart software company jMarket and open source shopping cart firm Opencart will both help Payhub improve its online payment options,...
The Internet is opening up the world to cross-border eCommerce, especially for smaller companies. Yet fragmented regulations and payment systems among various countries where trade tends to be conducted is hampering the full potential for e-trading, a new report suggests. But which countries are doing...
During the second quarter, consumer confidence globally climbed a point, to the highest it has been since the first quarter seven years ago. The confidence, however, doesn’t appear to be playing into payments players’ favor, however. Visa, for example, says its numbers don’t show yet...
Starting this month and running through November, the World Bank is launching global consultations on its proposed reforms for the national procurement of goods and services. The potential reforms are for projects funded by the World Bank and, so far, the response has been largely...
Not everything worth investing in happens in Silicon Valley! At least last month, in the B2B space, Atlas Venture in Cambridge, Mass, lead the charge by taking part in three major funding rounds at Button, Captricity and Freshbooks. Their large investment in Freshbooks continues to...
All businesses are looking to save money, and they’re looking at all aspects of their operations to see where savings can be achieved. This includes procurement initiatives. Are centralized processes more efficient than decentralized ones? Could a company make the two strategies work in tandem?...
