News

Acquiring
Kohl’s And Capital One Sign Early Extension Of Private Label Card Partnership
May 16, 2014

Capitol One Financial Corporation and Kohl’s department stores have announced a multi-year extension of their their private label credit card program agreement. The extension comes several years in advance of when the contract is set to expire, and serves a strong vote of confidence between the two...

Cybersecurity
Card Fraud Leads U.S. Consumers Security Concerns
May 16, 2014

According to the  2014 Unisys Security Index 59 percent of U.S. consumers are “extremely” or “very” concerned about having their card data stolen, which represents a 7 percent increase over 2013. Of respondents, a clear 57 percent majority also expressed concerns about becoming the victim of identity theft. Get...

Cybersecurity
BillGuard Launches Android App And Data Breach Alerts
May 16, 2014

BillGaurd, a personal finance start-up, has announced twin launches this week. The company’s mobile app is now available for download for the first time for Android users and the company now provides a service that alerts customers when their card has been involved in a...

B2B Payments
Nigerian Government Uses POS Terminals to Monitor Farm Subsidies
May 16, 2014

In an effort to better monitor farmer subsidies and track data related to how those subsidies are used, the Nigerian government will work with Cellulant Nigeria to distribute POS terminals to its nation’s farmers.

Cybersecurity
Can Camera Phones Improve Online Conversions?
May 16, 2014

Shopping cart abandonment in an increasingly mobile world is the result of a the lengthy and often tedious check out process that consumers don't have the patience (or finger dexterity) to tackle. Payments and software-as-a-service company Jumio says it has cracked the code on this...

B2B Payments
New Fuel Tracking Technology Saves Fleet Managers Billions
May 16, 2014

Linking fleet data with dispatchers in real time can help fleet operators cut their costs dramatically and new research examining five-year trends and billions of fleet data makes that point. Some of these savings include reduced fuel and payroll costs and improved service-call and delivery...

Alternative Credit
Where Are Small Businesses in the Mobile Revolution?
May 16, 2014

Nearly 70 percent of Americans carry a mobile device. It’s no wonder, then, that within the SMB world, more and more owners are depending on their mobile phones and tablets to check business accounts and transfer funds. While National Small Business Week has come to...

Mobile Commerce
Fed: Cash Remains Consumers’ Top Payment Method
May 16, 2014

Despite efforts to influence consumers to use electronic forms of payment, such as debit and credit cards, cash remains the top payment instrument consumers use to pay, especially for small-value transactions, according to a recent Fed report. Mobile-based payments, however, barely scratch the surface.

Exclusive Series
Bitcoin Tracker | Week 24
May 16, 2014

From the bungled Bitcoin Foundation elections to a brand new $30M investment in bitcoin processing, this week was one of extremes for the B-all of cryptocurrencies. Get caught up.