News

B2B Payments
New Health Care App Draws On Medicare Payment Data
June 17, 2014

BetterDoctor.com recently added new functions to its year-old mobile health care app, including the ability to use Medicare data to compare specialists and to see which doctors get referred by other physicians most often. Though payments is not yet a function of his app, company...

Alternative Finances
WePay Names New CFO
June 17, 2014

Payments industry veteran Steve Pellizzer has joined WePay as the company’s new CFO. Pellizzer spoke to MPD CEO Karen Webster about his 12 years in the business and how that’s prepared him to manage the evolving needs of WePay’s dynamic customer segments.

Spanish Law: No More Paper Bill Charges!
June 17, 2014

As of June 13, Spanish operators can no longer apply surcharges for issuing paper invoices to their customers. This is because the General Law for the Defence of Consumers and Users went into effect, according to a recent Telecompaper article. Get the Full Story Complete...

News
Target: Checkout Delays Not From Security Breach
June 17, 2014

Over the weekend Target had customers chirping about the company on Twitter, but not in a positive way. According to CNBC’s twitter feed, the Minnesota-based retailer explained through Twitter that the delays customers were experiencing in checkout lanes across the country was “not related to...

B2B Payments
What Does Basel III Actually Mean?
June 17, 2014

On January 1, 2015, Basel III will be implemented into the U.S. Previously, the public sector compensated banks with cash balances to receive services and credits for those balances. What exactly does this change mean? A recent Trade Financing Matters article highlighted the importance of...

Mobile Commerce
UK PayPal Expands Protection Plan
June 17, 2014

In a move to perhaps curb illegal online downloads, PayPal UK announced earlier this week that it is extending its buyer protection to cover services, digital goods, travel tickets and “other intangible items,” reported a recent Gizmodo post. Get the Full Story Complete the form...

B2B Payments
WEX Bolsters Health-Payments Strategy With Evolution1 Acquisition
June 17, 2014

Many businesses are working to find a comprehensive solution to the health care payments system, ensuring that all parties are satisfied and given payment options that suit their needs. Yesterday, WEX, Inc. took a major step forward in accomplishing that goal with a key acquisition.

Alternative Finances
InstaCart Raises $44 Million To Buy More Groceries
June 17, 2014

One of a rapid proliferation of services looking to cash in on the customers desires to never go to a store again and also receive deliveries on the same day, InstaCart received a $44 million dollar boost in the form of a funding infusion in...

International
China UnionPay and the Australia Post’s New Partnership
June 17, 2014

China UnionPay and the Australia Post signed a partnership for which the bank will start accepting CUP’s 4.2 Bn cards in circulation and promote additional products in the future. Auspost has 4.4k urban and 2.6k rural establishments making it the largest retail and banking network...