In Depth

B2B Payments
New FDA Regulations Could Raise Costs For Fleet Owners
June 26, 2014

The U.S. Food and Drug Administration is considering new rules that will effect how food products are hauled long distance. The new regs have some fleet owners sweating, as the new requirements around refrigerating food, cleaning vehicles between loads, and food protection during transportation will...

B2B Payments
Cross-Border Payments Processor Having A Ball, With Kids That Is
June 26, 2014

Online-payments company Payoneer is helping a not-for-profit organization whose purpose is to ensure children anywhere can access a ball to “keep kids playing.” Under an agreement with Ball To All, Payoneer says it will donate its processing service so funds necessary to deliver recreational balls...

Cool
Biotech Fraud-Detection Firm BioCatch Snatches $10 Million In Funding
June 26, 2014

BioCatch, an Israel-based firm that uses an individual’s common tendencies when using online banking and eCommerce sites to identify potential fraud patterns, recently secured $10 million in Series A funding. The company plans to use the funds toward expansion in American and European markets.

B2B Payments
Credit Union Adopts CUFX Standards For Corporate Exchanges
June 26, 2014

An Illinois credit union has adopted Credit Union Financial Exchange standards created by CUNA to help its business customers to facilitate more electronic payments initiated with corporate debit and credit cards. The credit union is hoping the service will help its corporate clients reduce their...

Alternative Finances
LevelUp Keeps Merchants and Consumers Communicating With In-App Surveys
June 26, 2014

Restaurant owners may not relish customer complaints, but they are certainly preferable to the unsatisfied customer who never returns, or even the happy customer that never mentions that an establishment is making the best sandwich in Boston. LevelUp wants to bridge that gap between eaters...

B2B Payments
Increased Scrutiny Into Chinese Warehousing Slows Down International Commodities Trade
June 25, 2014

Qingdao port in China was recently at the epicenter of a B2B bill scandal wherein a metals trading firm duplicated warehouse certificates in order to use a metal cargo multiple times to raise financing. Qingdao is a major warehouse hub for commodities, and the recent...

Cool
Online Ordering Comes To Starbucks
June 25, 2014

Starbucks is looking to step it up a notch. This fall, the company plans to test giving its mobile app customers the ability to pre-order purchases for later pick up. The big question is why. Is it really just about cashing in on the OLO...

Controversial
America’s Ticking Financial Time Bomb
June 25, 2014

Americans generally are feeling more comfortable about their financial security, bolstered by an improved job market and stocks at record highs. But should another financial crisis occur, they are SOL since many lack the savings to cover their expenses but feel all that concerned. Are...

In Depth
Target Breach’s Impact On Debit Issuers Tallied
June 25, 2014

New debit card issuer research from Pulse found that 84 percent of U.S. financial institutions reissued cards as a result of the recent data breach at Target. That’s up from the typical year when just 29 percent that reissue all cards exposed in a breach....