News

TSYS Drops Japan And Focuses On New Deals
April 24, 2014

Frustrated with Japan's centralized, primarily in-house card-issuing market, TSYS has decided to leave the country and focus its efforts on other business opportunities. In recent short order, the processor has landed a number of major deals, including with the UK's Virgin Money and a partnership...

Merchant Innovation
Apple’s New Retail Chief To Start Next Week
April 24, 2014

Nearly seventh months after announcing her hire, Angela Ahrendts will start has Apple’s new head of retail next week, according to information released in the company’s earnings call yesterday afternoon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Merchant Innovation
Prime Pantry Lets Amazon Customers Ship Groceries For a Flat Fee
April 24, 2014

Amazon enthusiasts can now have the e-retail giant ship them their groceries for a low flat fee. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Cool
What Can $698M Do To Innovate African Entrepreneurship?
April 24, 2014

The Carlyle Group is the first global private equity firm to close a fund that is focused entirely on building the middle class in Sub-Saharan Africa. It was inspired by the opportunity to completely transform the financial and economic opportunities in that region and obviously...

B2B Payments
How Digital and Data Will Transform Corporate Travel
April 24, 2014

Corporate travel planning and management can involve onerous tasks like compiling information for expense reports. But with new technologies and ways to use travel data, many companies are finding travel management and policy to be much more efficient. We spoke with Richard Crum, MasterCard’s Group...

Company Spotlight
The Mobile Commerce Roadmap: MasterCard Takes Initiative
April 24, 2014

In this exclusive series, MasterCard’s Chief Emerging Payments Officer Ed McLaughlin has spoken with MPD CEO Karen Webster about the general state of mobile commerce, its game changers, and the technology behind mobile security. In the final part of the digital discussion, McLaughlin reveals exciting...

B2B Payments
Co-op Deal With FIS Could Double Sprig Funds-Transfer User Base
April 24, 2014

In December, Co-op Financial Services announced a deal that would enable users of its Sprig digital wallet and instant funds-transfer service to make transfers out of network using FIS’s PayNet network. Completion of the deal could boost the potential Sprig user base from 20 million...

Mobile Commerce
Massachusetts Bill Would Require Added ATM Security Measures
April 24, 2014

A state lawmaker in Massachusetts reportedly has introduced a bill that would require banks to install added security measures at their ATMs, and representatives for both the ATM and banking industries are fighting it. Get the Full Story Complete the form to unlock this article...

Europe
Digital River SMB Solution Expands to U.K.
April 24, 2014

eCommerce service provider Digital River, Inc. announced that it has expanded its SMB Payments solution, which offers “turn-key access to credit card processing capabilities,” to the U.K., according to a company release. The solution accepts Visa, MasterCard, and Maestro card payments in Euros and Pound...