News

Commentary
LevelUp’s March to Free Payments
April 16, 2014

LevelUp raised a lot of eyebrows in 2012 when it said that moving money should be free and that its mission was to reduce payments processing fees to zero for his merchants. Two years later, its Chief Ninja is announcing a permanent reduction in those...

B2B Payments
Ariba: “B2B Payments Is Just Broken”
April 16, 2014

Since its foundation, Ariba has set out to transform the way companies of all sizes, industries, and geographies buy and sell goods and manage cash by providing e-payment services. To that end, Ariba built the world’s largest B2B network of buyers and sellers and provided,...

The Rise and Fall of Blackberry: Journey Through Photos
April 16, 2014

When the BlackBerry was first introduced as a mobile device in 2002, it was immediately made to be the unofficial requirement for everyone within the business industry. By 2007, the average stock price for the company was around $150. By 2008, iPhone and Android were...

International
CFPB Rule Change Will Keep Remittance Transfers Functional Worldwide Past July 2014
April 16, 2014

The Consumer Financial Protection Bureau (CFPB) has proposed changes to its international money transfer regulation that require transfer providers, such as banks and credit unions,  to report certain fees upfront.  They also must report exactly on exchange rates. Get the Full Story Complete the form...

Mt. Gox Gives Up On Rebuilding, Files For Liquidation
April 16, 2014

Defunct bitcoin exchange Mt.Gox has reportedly given up its quest to rebuild under bankruptcy protection in its home nation of Japan, and has instead requested permission to liquidate from a Tokyo court. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Alibaba’s $3B Q4 Revs Stuns Analysts
April 16, 2014

Analysts were in shock and awe yesterday, April 15, to lean that Alibaba, the Chinese e-commerce giant that is acquiring and investing in US companies, had $1.36 billion in Q4 profits.--more than 2x the year before. (The info was courtesy of Yahoo which has a...

Mobile
RetailMeNot Acquires Pickie for Personalized Shopping App
April 16, 2014

RetailMeNot Acquires Pickie for Personalized Shopping App

Company Spotlight
MasterCard on Helping SMBs Succeed
April 16, 2014

In a tight credit market and fragile economy there are still a lot of things that the FI and payments community can do to help SMBs succeed. Eugene DeSilva, MasterCard’s Group Head responsible for the Global SME Segment within the Global Commercial Products Group, tells...

International
Russia Plans to Fine International Payment Systems for Freezing Accounts
April 16, 2014

Russia Plans to Fine International Payment Systems for Freezing Accounts