News

eCommerce
UPS Gearing Up To Increase The Rates It Charges
September 06, 2016

UPS is gearing up to raise the rates it charges by 4.9 percent, on average. According to a press release issued last week, the increases on UPS Ground service in the U.S. and UPS Air and International delivery will kick in on Dec. 26. Additional rate changes...

Partnerships / Acquisitions
Jumio Raises $15M For Online ID Verification Service — Despite Bankruptcy
September 06, 2016

A few months after bankruptcy and a brand new owner, Jumio is back in the game, having raised $15 million for its new online ID verification service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Walmart Accounting Changes Have Back-Office Employees Nervous
September 06, 2016

The resounding fear about FinTech automation is that robots will render the human employee useless. Analysts and the providers of this automated technology have worked to quell those fears, arguing that these tools instead allow humans to focus on more value-added services. Get the Full...

Payment Methods
How Payments Security Drives Digital Transformation
September 06, 2016

Payments security has long been considered an add-on — something that is necessary but often a defensive move in payments. That’s now how James Jenkins of CA Technologies sees it. Listen in on the conversation that Jenkins and Karen Webster had about how payments security...

Mobile Payments
Swiss Mobile Wallet To Challenge Apple
September 06, 2016

Apple is facing a new competitor in the mobile wallet market, thanks to a joint venture between two Swiss companies, reports said on Monday (Sept. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Waving Goodbye To Andela, Hello To Flutterwave
September 06, 2016

What could motivate someone to leave a Mark Zuckerberg-funded startup to tackle one of the hardest problems in payments? Iyinoluwa Aboyeji did just that in order to unlock Africa’s $380B payments opportunity. He told Karen Webster how Flutterwave wants to streamline payments to consumers and...

B2B Payments
Asia Closes In On UK In Forex Market Dominance
September 06, 2016

For weeks now, analysts have warned that the U.K.’s dominance in FX trading is waning. Now, for the first time in more than a decade, the U.K.’s share of the global currencies trading market dropped to 37.1 percent, reports by Financial Times said late last week...

Bitcoin
Bitcoin’s Fall Forecast
September 06, 2016

This week sees a social media platform for non-bitcoin users in creation, but the platform wants to stimulate bitcoin use, strangely enough. A complicated app closure and acquisition concludes with a newly launched Keza app, and we forecast potential bitcoin price influencers for the fall.

Mobile Payments
Accepting Any Payment, From Anywhere, Across The Universe?
September 06, 2016

The ability to make and accept payments for purchases is increasingly universal, and the future of mPOS may lie in universal solutions that can accept a broad range of payment methods. For the latest mPOS Tracker, PYMNTS caught up with Alok Arora, CEO of Mosambee,...