News

Controversial
MoneyGram Adjusting To Walmart Competition
June 23, 2014

MoneyGram International has been the chief supporter of funds transfers for U.S. Walmart locations for some time, but the relationship became strained in April when the megaretailer launched its own, less-expensive U.S. store-to-store transfer program. During a recent analyst conference, Alex Holmes, MoneyGram’s CFO and...

B2B Payments
Insurer Offers Free Fleet Management Tech
June 23, 2014

In an effort to improve fleet driver behavior, ProSight Specialty Insurance announced last week that it is offering a suite of technology from SmartDrive to many of its commercial vehicle customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

News
Social Media Produces Little Buy For Advertising Buck
June 23, 2014

The good news about social media is that it connects brands to vast electronic networks of consumers who can “like” their product, tweet it out and then pin images of themselves using it. For years Internet marketing gurus have pushed social marketing as the next...

International
Security Firm Tanium Picks Up Andreessen Investment
June 23, 2014

Andreessen Horowitz is placing the second biggest bed in the venture-capital firm’s history on Tanium Inc., a largely unknown start-up that helps companies pinpoint security threats to sprawling and vast computer networks. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Survey: Value-Based Payments Could Double In Five Years
June 23, 2014

A recent survey found that by the year 2019, of the existing value-based models, pay-for-performance (P4P) will experience the highest growth rate. P4P is forecast to increase from 10 percent today to 18 percent in five years for payers. In that same time frame, it is...

Acquiring
Vantiv Acquires Mercury Payment Systems For $1.6 M
June 23, 2014

Last week Vantiv, Inc. announced that it had completed its acquisition of the payment technology firm Mercury Payment Systems, LLC. Vantiv paid $1.6 million in cash for the payments company. The move is expected to help Vantiv in its goal to strengthen and expand high-growth...

News
Ohio Senator Calls On CFPB To Crack Down On Payday Lending
June 23, 2014

Ohio Senator Sherrod Brown has written CFPB director Richard Cordray to explicitly demand that the federal empowered consumer watch dog group take a closer regulatory look at payday and other small amount lenders. Senator Brown’s letter comes in the wake of a decision by the...

Alternative Finances
Three New Banks Subscribe To KNC Database
June 23, 2014

KYC Exchange Net (KNC) has signed service contracts with Commerzbank, Société Générale and Standard Chartered for access and exchange of Know Your Customer (KYC) data between banks and their clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Acquiring
New ‘Talk’ App Could Set The Necessary Path
June 23, 2014

The social networking app Path announced last week that it was launching a new standalone messaging app – Path Talk – and was planning on acquiring the business messaging service TalkTo. Get the Full Story Complete the form to unlock this article and enjoy unlimited...