News

Acquiring
Twitter Acquires CardSpring
July 18, 2014

Twitter has acquired mobile payment system CardSpring.  The CardSpring API allows developers to make online applications for credit and other financial transactions.  In 2012 the company secured $10 million in funding in a round led by Accel Partners and Greylock Partners. Get the Full Story...

News
Facebook’s “Buy” Button
July 18, 2014

The day may soon arrive when consumers will be able to by the goods they see advertised on Facebook, all without ever having to leave the site.  The company is testing a “buy” button that will allow customers to purchase items placed in the news...

Merchant Innovation
First Data Brings On Christopher Augustin As Chief Information Officer
July 18, 2014

Payment technology and services solutions firm First Data announced this week that it had brought on Christopher Augustin as its new chief information officer. According to a company press release, Augustin will take charge of First Data’s software development work, engineering processes and software and...

In Depth
Why U.S. Bank Is Banking on Mobile Payments To Drive Revenues
July 18, 2014

Banks have taken some big hits on the fee income side over the last several years, and are trying to find ways to fill the gap. U.S. Bank’s CEO believes mobile payments are the answer. But why?

Mobile Commerce
PayPal Doubles Down on Customer Loyalty
July 18, 2014

PayPay is launching PayPal Select this week, a push to reward its most loyal and active customers.  The PayPal Select program is an invite only rewards promotion whereby selected customers will get the first chance at certain purchasing opportunities at online retailers, as well as...

B2B Payments
U.S. House Vote Set To Change SMB Lending Practices
July 18, 2014

Earlier this week, the U.S. House of Representatives passed an amendment to the Financial Services appropriations bill, which forbids the use of federal funds to penalize financial institutions that serve marijuana businesses operating legally under state laws. The vote rejected an amendment that would have...

Exclusive Series
Bitcoin Tracker | Week 32
July 18, 2014

Well, just when everyone thought that New York would be Bitcoin friendly, they released the first draft of their plan that is anything but. Are these little town blues catching up with bitcoin? Get caught up on all the bitcoin news you really need right...

B2B Payments
Survey: Large Firms Have No Desire To Increase Amount of SME Contracts
July 18, 2014

Small businesses are sometimes in danger of being overshadowed by their larger counterparts, but if a recent survey is any indication, the smaller companies might have difficulty securing contracts with bigger businesses. Get the Full Story Complete the form to unlock this article and enjoy...

Mobile Commerce
Wells Fargo Helps Corporate Card Go Mobile
July 18, 2014

Wells Fargo wants to help corporate card carriers avoid a life constantly searching for receipts. The bank is now offering commercial card customers a new feature on Wells Fargo CEO Mobile that allows users to immediately upload paper receipts for processing and reimbursement by taking...