News

Merger Creates A New, Record-Breaking Alt-Lender
July 22, 2015

Alternative lender Capify has just hit a new milestone, and according to the company, it is the first alternative small business finance firm to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
What To Do When Procurement Goes Rogue
July 22, 2015

No business has a perfect procurement system. Rogue spending can be as simple as a quick refill of Post-its or as burdensome as striking a deal with a high-risk supplier. Either way, companies are constantly challenged to manage their procurement and spending habits, or else...

PayPal Hints At Renewed Support For Small Biz
July 22, 2015

It’s official: PayPal is now its own company. But that doesn’t mean the payments giant won’t be working with other businesses. In fact, new reports said PayPal is set to strengthen its collaboration with the small business community and boost its SME funding efforts now...

B2B Payments
New B2B Payments Gateway Saves On Interchange Fees
July 22, 2015

For different types of buyers, there are different measures required by payment processors to safeguard a transaction. B2B and government procurement transactions are often the most complex because payment processors require greater detail about a purchase in order to verify and complete the transaction. But...

Merchant Innovation
Gemalto And InComm Pair On Prepaid Mobile NFC Payments
July 22, 2015

A new strategic partnership between digital security company Gemalto and InComm, a prepaid product and transaction services company, aims to provide secure prepaid mobile NFC payments.

Mobile Commerce
Square Rolls Out Real-Time Sales Tracker
July 22, 2015

Square has launched another product aimed at simplifying sales data for its business owner clientele. Yesterday (July 21), Square Dashboard the Square Dashboard app, which tracks a business’ sales data in real-time. This includes everything from gross sales, number of sales and a calculation of...

Mobile Commerce
Uber’s Cash Cow Grazes Across India
July 22, 2015

While it was announced just last week that Uber has picked a payment processor to help it resume card payments, that doesn’t mean Uber has given up on its efforts to allow people in India to pay for an Uber in cash. Get the Full...

B2B Payments
Making Credit Scoring “Plug & Play”
July 22, 2015

Lenders must adopt new credit score models in order to reach the true credit eligible universe, says model developer VantageScore Solutions. One way for lenders to bring new data and scoring methods alongside their in-house models is to adopt a “Plug & Play” approach. But...

News
CFPB Hits Citibank With $700M Fine Over Credit Card Practices
July 22, 2015

The Consumer Financial Protection Bureau (CFPB) is forcing Citibank to pay up big time to consumers harmed by illegal practices related to credit card add-on products and services, the agency announced yesterday (July 21).