Bank of America Merrill Lynch has added some significant new global features for its B2B cards, including expanded country footprints (adding Guatemala and Turkey), real-time account management and integrated global data consolidation in Hong Kong and India, additional B2B payment options in 27 more countries...
A new, flashy and powerful competitor entering any arena can have any number of effects on the gladiators already slugging it out, a situation that the announcement and launch of Apple Pay has illustrated in real-time in payments over the last ten or so weeks....
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USA Today has weighed in on the Apple Pay MCX CurrentC issue and is not pulling any punches. MCX seems to be what would have happened had “the Three Stooges had been given the assignment of introducing a new and safer way for consumers to...
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Never let it be said that Apple doesn’t know how to launch a product. As October ends, Apple can report 1+ million downloads of its new digital wallet in just three days, a milestone that took Dunkin’ Donuts 6 weeks to achieve and Starbucks even...
There are three things that consumers, merchants, issuers and card networks all want from a payments experience: that it be secure, that it be easy to use and that it be available to consumers at all of the places they want to shop. The payments...
As if more evidence was needed that the fleet card business is alive and well, segment leader FleetCor Technologies reported Thursday (Oct. 30) that its third-quarter revenues jumped 31 percent to $295.3 million and its net income grew 21 percent to $95.5 million. Get the...
WEX announced its third quarter earnings, which continued to demonstrate strength as WEX’s hold in the fleet (and more recently health care) sectors expands. The company reported total revenue up 16 percent to $221.1 million from $191.5 million during the same quater of last year....