News

B2B Payments
WEX Europe Makes Strategic Agreement with Conferma
April 25, 2014

WEX Inc. a  provider of corporate payment solutions, announced that WEX Europe Limited has entered into an international agreement with Conferma, a  provider of Virtual Card Number (VCN) technology for corporate travel and expense. Get the Full Story Complete the form to unlock this article...

B2B Payments
Fleet Organizations Highlight Fuel Invoice Inaccuracies
April 25, 2014

Fuel invoicing accuracy has been a challenge in the Fleet Industry for many years. There is anywhere from 10-25% of regular inaccuracy. The amount and complexity of variables contributes to the errors, including constantly changing and often complicated fuel tax rates, high volatility in fuel prices, and...

Cool
Tax Returns, Confused Consumers Credit Card Fraud…And Other Friday Factoids
April 25, 2014

Do you know … How many billions of dollars will be lost to credit card fraud this year? How many consumers have no idea what NFC is or what it’s for? Or how many tax returns the IRS had in by tax day on April...

‘BadLepricon” Malware Turning Android Phones Into Surreptitious Bitcoin Miners
April 25, 2014

Advertised as a wallpaper app for Andriod phones in the Google play store, “Bad Lepricon” malware hijacks end-user devices like smartphones and tablets for the purpose of the computationally intensive process of mining bitcoins.  To escape detection, the malware monitors the phone for battery life...

Merchant Innovation
eBay’s Ultra-Personal Shopping Experience
April 25, 2014

eBay users who double as Pinterest enthusiasts may find themselves briefly confused as to whether they’ve clicked the right book mark when navigating to the eCommerce site on their tablet or smartphone.  eBay has redesigned its mobile app of iOS and Android, with and eye...

Merchant Innovation
Remote Control Credit Cards?
April 25, 2014

What would happen to fraud if consumers were given the opportunity to turn their credit and debit cards on and off from their mobile phones – “activating” them only when they are ready to be used for transacting and giving consumers the ability to set...

Merchant Innovation
Bitcoin Tracker Week 21
April 25, 2014

Bitcoin traded in the in a fifty dollar range going from as low as about $450 and as high as $506, ending at $464 at about 7am EST on Friday. Our volatility index shows Bitcoin at a whopping 29 times more volatile than the euro....

B2B Payments
Taking The Mystery Out of Cross Border B2B Payments
April 25, 2014

It’s not all that easy to make payments to another business across borders, especially for SMBs. The process tends to be opaque and costly. The Currency Cloud is a small start-up with a big idea: fixing this for businesses of all sizes. PYMNTS caught up...

Company Spotlight
Risk Management Patent Assigned to MasterCard International
April 25, 2014

A patent originally filed in October 2010 was assigned to MasterCard International, Purchase, NY, according to Insurance News Net. The patent was developed by a team of five members, and offers “methods for risk management” in mobile devices like smart phones that can be used...