News

Acquiring
Taking The Pain Out of Merchant Onboarding
July 22, 2014

“If PayPal can board me in 5 minutes, why can’t my acquirer?” Automating the boarding and underwriting process has completely reinvented what used to take days (even weeks) and cost a lot of money. But does it save time at the expense of other downside...

Alternative Credit
GE’s $3 Billion Synchrony Flotation Plan
July 22, 2014

General Electric announced plans for a $3 billion flotation of one of its consumer finance operations later this month, according to a gulfnews.com article. The move is part of CEO Jeff Immelt’s efforts to reposition the company as an industrial group after its deal with...

B2B Payments
Tungsten Network Gains 46th Compliant EInvoicing Country
July 22, 2014

The United Arab Emirates (UAE) is the latest nation to gain compliant e-invoicing. According to a Tungsten Network press release, this now makes the global electronic trading network active in 46 countries. Get the Full Story Complete the form to unlock this article and enjoy...

Mobile Commerce
LevelUp Launches Largest Smartwatch Payment Network
July 22, 2014

LevelUp announced the launch of its app for Android Wear to allow a smartwatch that customers can scan with their wrist to pay at any LevelUp merchant, according to MarketWatch.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

News
Snapchat Seeks Trademarks for Payments
July 22, 2014

Snapchat recently applied for trademarks for payment systems, according to TechCrunch, but plans are unclear about how it intends to use them. If they enable mobile payments, will it “mean that sending one of your friends a fistful of digital cash will give them a...

B2B Payments
The ThinkaThon Gets Real, Government-Style
July 22, 2014

It’s rare to see change in how governments handle their contracting and procurement processes. However, more and more cities are turning the process upside down by asking contractors to produce their own solutions to described problems instead of bidding on government-mandated solutions. Perhaps the cities...

B2B Payments
What Does Telematics Have To Do With Payment?
July 22, 2014

GPS + Improved Productivity = Cost Savings that support an effective fleet management solution. That’s the business case for the recent partnership between GPS fleet-management company Geotab and telematics company Enterprise Fleet Management. But how will combining forces help fleet managers control spend?

Cybersecurity
Goodwill The Latest Data Breach Target
July 22, 2014

According to Internet security blogger Brian Krebs, the latest hacking victim has been discovered, and it seems to be Goodwill. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Alternative Credit
Senior-Level Support Lacking For eBilling
July 22, 2014

The greater efficiencies afforded by email and other forms of electronic bill presentment are helping push more and more paper out of the billing process. However, senior-level managers often are impeding further process changes, and that trend is growing, new research has found. As such,...