Ant Financial, an affiliate of the Alibaba Group, announced Feb. 5 that it will take a 25 percent stake in Indian mobile payments company One97, according to TechCrunch. This move appears to line up with Jack Ma’s vision of getting Alibaba more involved in India, which...
Shazam, a four-decade old financial services company, released a new feature yesterday (Feb. 5) to its Shazam Bolts app that gives debit card users access to person-to-person money transfers, as well as a GPS function that enables U.S. cardholders to find fee-free ATMs. Get the Full Story...
Corporate T&E card programs lead to better spending controls, stronger compliance and savings for businesses of all sizes. But business travelers and their managers still struggle with filing expense reports, accessing company credit account information and keeping track of receipts. A recent study by TSYS...
Visual search provider Slyce, which offers out its proprietary technology to other mobile apps, has announced that it will acquire crowd source-based coupon app SnipSnap for $6.5 million in cash and stock, as well as its enterprise product line, according to TechCrunch. Get the Full Story...
“The way to win this in the long term, is simple, you just make wonderful products. When you make wonderful products that are magical people will find them.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The days of old school wire transfers may be numbered, as Western Union announced yesterday (Jan. 27) it will now accept Apple Pay at its “flagship locations” and affiliated outlets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The U.K.’s Institute of Directors has warned large businesses that the “scandal” of late payments is undermining the country’s economic recovery, and said the big corporations risked regulation by failing to pay their bills on time, the Financial Times reported. Get the Full Story Complete...
Where checks are still used, they are used to pay bills, and in particular between businesses. But that’s not because businesses like using checks and don’t want to change. René Lacerte, CEO and Founder of Bill.com says that it’s all of the stuff that happens...
The Federal Reserve says demand for bank loans is increasing — if only mildly — and so are credit quality and demand for banking services, according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...