News

What’s Next For Apple Pay? Loyalty ― And Soon
October 29, 2014

Apple has a loyalty program linked to Apple Pay that could launch sooner than expected, according to Payment Week. 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...

Wells Fargo’s Paying Shoppers To Try Apple Pay
October 29, 2014

If you’re going to go mobile payments, then really do it. That seems to be the approach of Wells Fargo, which is paying credit card customers $20 to sign up for Apple Pay. Debit and prepaid customers will only get $10 to sign up and...

B2B Payments
Ethiopia Signs $865M Railway Financing Agreement With Credit Suisse
October 29, 2014

The Ethiopian government has closed a $865 million financing package that will finance the nation’s railway infrastructure. 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...

B2B Payments
U.K. Banks Dinged For Bad Small Business Lending Practices
October 29, 2014

Britain’s competition watchdog said HSBC andNorthern Ireland’s First Trust Bank have violated the nation’s rules regulation how small business are offered financial products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Mobile
Facebook Won’t Be Getting Into Payments On Its Own
October 29, 2014

Facebook CEO Mark Zuckerberg laid out his company’s three, five and 10-year-plans Tuesday (Oct. 28), and none of those plans involved Facebook launching its own payments engine. But that doesn’t rule out Facebook choosing to have a major influence, as Zuckerberg said the massive social operation...

Legal & Regulation
FDIC Focused On Nonbanks
October 29, 2014

The FDIC is keeping a close eye on nonbank financial companies, including technology startups, and how they’re affecting banks, American Banker reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
CFPB Eyeing Checking Accounts
October 29, 2014

The Consumer Financial Protection Bureau (CFPB) is looking hard at banks’ policies on opening consumer checking accounts, including the third-party databases they use, American Banker reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Tradegood Portal Now Boasts 5,000 Buyers
October 28, 2014

More than 5,000 corporate buyers are using Tradegood.com as a portal for buying products ranging from apparel and consumer electronics to home furnishings and health care supplies from more than 100,000 suppliers, according to a report in Internet Retailer. Get the Full Story Complete the form to...

B2B Payments
Why Startups Need To Worry About Procurement Practices
October 28, 2014

When on the verge of radically disrupting a market ecosystem and earning billions by shining the light of innovation down on the masses, it can be hard for executives at startups to get really excited about the procurement process.  Innovation is fun, funding is fun...