News

News
CFPB Aims To Streamline Consumer Credit Agreement Process
February 26, 2015

The Consumer Financial Protection Bureau wants to give credit-card issuers — and itself — a break. Specifically, on Tuesday (Feb. 24) the CFPB proposed a one-year break from the requirement that card-issuing banks submit their consumer card agreements to be published on the bureau’s website....

International
WeChat Rings In Chinese New Year With Bitcoins
February 26, 2015

Bitcoin users in China stuffed the cryptocash into virtual red envelopes to the tune of 10 million yuan ($1.6 million) over the Chinese New Year/Spring Festival holiday, Tech in Asia reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

News
AmEx Jumps 1 Million Customer Credit Rates
February 26, 2015

American Express is raising interest rates for more than a million of its credit-card customers, with an average increase of 2.5 percentage points, Bloomberg News reported on Wednesday (Feb. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Mobile
NY Regulators Target Money Laundering
February 26, 2015

New York bank regulators are considering massive programs to audit large banks’ cybersecurity and anti-money-laundering (AML) systems, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Apple, Android Own Smartphone Market
February 26, 2015

When it comes to the smartphone market, if it isn’t iOS or Android, it barely exists. The two mobile ecosystems accounted for 96.3 percent of all smartphones sold worldwide in 2014, according to a report by IDC released Tuesday (Feb. 24). Get the Full Story...

B2B Payments
Viewpost Finds the Cure for Fragmented B2B Payments
February 25, 2015

When Max Eliscu started his own factoring company at age 25, he saw first-hand the intense friction experienced by businesses looking to manage their cash flow, especially in the B2B space. As B2B commerce expands, Eliscu launched Viewpost ​to ease some of that friction. In...

Happay’s New VISA Card, App Automate Expense Reporting
February 25, 2015

India-based startup happay is looking to disrupt the nation’s expense reporting segment. The company has teamed up with RBL Bank to launch a new credit card for business customers that helps organize and automate the expense reporting process. Get the Full Story Complete the form...

IBM Revamps B2B Commerce Branch
February 25, 2015

IBM Corp. is looking to expand its services for business customers and their commerce needs, and the technology company’s latest announcement is a major manifestation of that goal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

E-Commerce Growth Takes SaaS Along for the Ride
February 25, 2015

As technology allows retailers to reach a global audience, consumers demand greater access to products regardless of where they come from. That demand, which has given rise to the era of e-commerce, is also felt by business-to-business buyers and suppliers. Get the Full Story Complete...