What does a Chief Ninja do on his summer vacation? MPD CEO Karen Webster got a chance to find out when she chatted with LevelUp Chief Ninja Seth Priebatsch about the company's latest expansion this summer, which will move LevelUp into a crowded but lucrative...
A $10 billion annual revenue for an industry is not too shabby, nor is a 12 percent revenue increase from the year before. With a recent study showing that supply chain management revenue is on track to hit its highest levels since 2011, it’s clear...
Oh where oh where have the investments in Fintech gone? Well, last week, $8.9 billion of it went to a bunch of players in payments with acquisitions in the processing and security sectors leading the way.
When two unrelated consumer services—within a day—both made B2B corporate payment moves, it reflected more than B2B payment momentum. Both Uber and Airbnb recently announced new versions of their mobile apps that are geared toward helping organizations book and expense business trips. But what exactly...
Operation Chokepoint’s efforts to hit companies suspected of illegal activities where it counts - their bottom lines – may have, well, been a little choked itself this week. The FDIC removed a number of merchant types from its bank guidance, fearing listing them explicitly has...
Since the Great Recession, buyers and suppliers seem locked in a perpetually adversarial cycle when it comes to billing. Dynamic discounting aims to disrupt the adversarial cycle with an associative one where buyers and suppliers share incentives to collaborate. PYMNTS spoke to Ariba’s Director of...
Can a company be old school and innovative at the same time? While MasterCard and AT&T are both testing hi-tech solutions for authenticating overseas transactions by using geolocation data, American Express is eschewing hi-tech for a more direct approach with AX Connect. The closed-loop network...
The United Nations has completed a major modernization program for it's micro currency. The changes are to be used initially in the West Bank, the Hashemite Kingdom of Jordan, Gaza and Syria.
The Federal Reserve last week released its “2013 Federal Reserve Payments Study Detailed Report,” which adds details to the summary of its findings released in December. Rich on data, the report is a triennial project for the Fed that helps the industry keep up with...
