News

Merchant Innovation
Intuit Considering Mobile-Finance App Check Purchase of $350M
April 30, 2014

According to sources familiar with the situation, Intuit is currently in talks to purchase Check, a Mint-like mobile-finance app that allows users to track and pay bills. The service currently has 10 million users and Intuit is looking reportedly looking to scoop the company up...

B2B Payments
Brightpearl Raises $10 M To Help Retailers With Management Tools
April 30, 2014

An enterprise platform that helps small to medium sized retailers with its cloud based management tools, received $10 million in series C funding round led by MMC Ventures and participated by other investors including Quayle Munro, Eden Ventures and Notion Capital. Get the Full Story...

B2B Payments
Cards, Regulation and Small Business Financing
April 30, 2014

Thirty percent of SMBs leverage business credit cards to finance their businesses. But the rules and regulations related to interest rates and APRs that protect consumers’ don’t apply to corporate cards. The result is a potentially devastating impact on the ability of SMBs to access...

B2B Payments
Vietnam’s Asia Commercial Bank to Deploy CyberSource
April 30, 2014

CyberSource, a global provider of eCommerce payment management services, today announced a partnership with one of Vietnam’s largest privately held banks, ACB (Asia Commercial Bank). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Danske Bank Launches New Proprietary FX Platform
April 30, 2014

Danske Bank’s newest trading architecture newest platform focuses on the tier-2banks that require advanced FX trading platforms to compete in their marketplace, against multiple dealer portraits and against tier-1 banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Xero and New Zealand’s ASB Bank Launch B2B Cloud Payments Solution
April 30, 2014

Xero, an online accounting software company released a next-generation banking model in the Australian market after creating a joint initiative with the Commonwealth Bank’s New Zealand subsidiary, ASB Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Loyalty & Rewards
Card Issuers Target The Affluent
April 30, 2014

Perhaps it should come as no surprise, but consumers today are a lot less likely to own a credit card and carry card debt. The Great Recession aside, issuers may have helped spark the change when they cut back on card approvals and credit limits...

B2B Payments
Fiserv Sees 44% Jump In Q1 Profit As Client List Grows
April 30, 2014

Financial services technology provider Fiserv Inc. on April 29 reported a 7 percent jump in first quarter total revenues, to $1.23 billion from $1.15 million a year earlier. Net income jumped 43.6 percent, to $168 million from $117 million. Get the Full Story Complete the...

B2B Payments
Digital Insight Deal Helps Drive 8% Jump In NCR Q1 Revenue
April 30, 2014

ATM and point-of-sale technology company NCR Corp. continued to make strides during the first three months of the year to transition to a software-driven provider of transaction technologies, with software-related revenue jumping 45 percent year over year, including a 242 percent jump in software-as-a-service (SaaS)...