News

B2B Payments
Eco Building Nets $3.4M To Help Fund Home Depot Lumber Deal
June 05, 2014

After a successful initial pilot during which Eco Building Products provided treated lumber to 10 Home Depot stores, the retailer now plans to expand the deal to include 104 stores. To meet the demand, the vendor obtained $3.4 million in funding to support the increase...

International
Russian Card Exec Freed To Build National Payment System?
June 05, 2014

According to a recent RAPSI article, Pavel Vrublevsky, the co-founder and owner of ChronoPay – one of Russia’s largest e-payment providers – was released on parole this week. Last summer, Vrublevsky was convicted of masterminding a DDoS attack on Aeroflot’s website in 2010 and sentenced...

International
TSYS Joins Forces With Multos International
June 05, 2014

Total System Services de México (TSYS) and Multos International announced a new product launch this week that uses the MULTOS chip card technology solutions in TSYS’ latest EMV services offering to support banks and financial institutions. Get the Full Story Complete the form to unlock...

e-Invoicing Pushes Local Government Efficiency
June 05, 2014

The Thurrock Council is looking to its new e-invoicing program to help it reach its lofty procurement savings target  of £900,000 ($1.5 billion) . Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Esker and Paymetric Integrate For A Comprehensive Accounts Receivable Solution
June 05, 2014

Document process automation solutions expert Esker will partner with Paymetric, Inc – a global leader in integrated, secure electronic payment management. Going forward, customers of Esker’s clients will be able to access and pay invoices online through the Esker exchange portal. Get the Full Story...

Want to Get To Know An Affluent Person In APMEA? Ask Him To Play Golf
June 05, 2014

New research from MasterCard shows a high prevalence of golfers among the affluent in the APMEA region. While the notion of affluence varies somewhat, the achievement of that status has its own nuances. Though a likeness for golf is a common element, so, too, is...

Europe
E-Commerce Survey Results Roll Out
June 04, 2014

TSN conducted a multi-age research on knowledge and use of e-money online in Russia. Almost every respondent has knowledge about multiple payment options including e-money. The most used non-cash payment method is offline payment at kiosks, followed by payment cards and e-money. Get the Full...

Europe
European Commission Releases Convergence Report
June 04, 2014

The European Commission published the bi-annual 2014 Convergence Report which details Lithuania has fulfilled all the requirements to join the Eurozone and decided to propose the EU Council of Ministers meeting in late June of adoption in the country as of 1 January 2015. Get...

International
Tigo Goes Into Partnership
June 04, 2014

Tanzania telcos Tigo (a subsidiary of Millicom), Airtel and Zantel agreed to launch a partnership, which allows users their money services to transfer money between each other regardless of their operator. The interoperability could reach 16 M e-money users. Get the Full Story Complete the...