News

What’s Ailing Health Care Payments Startups? (They Don’t Know Payments)
October 28, 2014

What is behind the death of so many seemingly well-thought-out digital health startups? According to one prominent VC in that space, the answer is a lack of understanding of payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Acquiring
Next Generation Acquirer Credorax Snags $40M In Funding
October 28, 2014

Massachusetts-based start-up Credorax wants to bust up the silos that house the various pieces of the retail transactions processing process and has just raised another $40 million to do it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Apple Pay
An Alipay, Apple Pay “Marriage”?
October 28, 2014

Alibaba’s executive chairman, Jack Ma, said late Monday (Oct. 27) that Alibaba would like to partner with Apple on financial payments, but offered no details on what such a deal might look like. Get the Full Story Complete the form to unlock this article and...

News
Banks Demand Better Cybersecurity From Their Lawyers
October 28, 2014

Given the breadth and depth of the data breach of 2014, it should come as no surprise that the nation’s big banks are feelings cautious bordering on paranoid about their security. And they would like it if their lawyers would feel the same way. Get...

Verifone Gets Real Boost From Apple Pay
October 28, 2014

Wall Street is starting to notice the many benefactors of payments changed fueled by Apple Pay and at the top of that list is now VeriFone, reports Barron’s. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Chinese Fake Invoice Scandal Rolls On
October 28, 2014

The gap between China’s reported exports to Hong Kong, and what the territory is reporting as imports from the mainland once again widened in September. The conclusion being drawn from this, repots Bloomberg  is that fake export-invoicing is again skewing China’s trade data. Get the Full...

Apple Pay’s Next Use Case: Hotel Door Keys
October 27, 2014

Apple is talking with multiple companies about using Apple Pay’s NFC to replace public transit tickets as well as building keycards, according to a report in The Information. Apple is talking with HID Global and Cubic, which both specialize in making secure keycard building access and...

B2B Payments
Defective Goods Plague Chinese Government Procurement
October 27, 2014

As the number of unlicensed suppliers winning bids on Chinese government contracts has gone up, so too have the number of reports on shoddy and defective goods being provided to customers.  This increase in “shipped broken” merchandise is occurring even as regulators are attempting to...

Sending B2B Buyers Back To School
October 27, 2014

B2B Buyers need to get schooled in the ways of B2B E-Commerce and one wholesaler/distributor thinks it’s just the firm to do it. The new site from Consumers Interstate Corp. pushed personalized and educational content for B2B buyers, reports Internet Retailer. Get the Full Story...