News

Investment Tracker, October 15
October 15, 2014

Click here to see this week’s investment tracker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...

Hailo Gives Up On North America, Pulls Its Taxi App Out
October 15, 2014

In the battle of various mobile payment apps focused on the taxi space, one company tried to reform cabs by focusing on making operations better for cab drivers. That company, UK-based Hailo Network, has now retreated and pulled out of the North American market, citing...

B2B Payments
Sunoco Partners With WEX
October 15, 2014

WEX Fleet One has been selected to provide co-branded over-the-road fuel card services for Sunoco.  Going forward, heavy truck operators will have access to the WEX Fleet One network, including Sunoco’s participating high speed diesel fueling locations. Get the Full Story Complete the form to...

Mobile
Alipay Can Now Rent Cars
October 15, 2014

Alibaba’s Alipay mobile payment service has jumped into the car rental business, with a service rolled out in Beijing Wednesday (Oct. 15) called Che Fenxiang (“car sharing” in Chinese), according to The Wall Street Journal. Get the Full Story Complete the form to unlock this...

Do People Really Use Apple Passbook?
October 14, 2014

Apple Passbook keeps things like airline boarding passes, movie tickets, and gift cards all in one place, letting the user scan their iPhone or iPod touch to check in for a flight, get into a movie, redeem a coupon and more. Get the Full Story...

Apple Pay
McDonald’s Will Take Apple Pay at the Drive Thru
October 14, 2014

A major concern for consumers when using Apple Pay is potentially handing over their $650+ iPhone to the attendant to complete a transaction. The Apple Pay procedure with McDonald’s eliminates that concern entirely but creates another. Get the Full Story Complete the form to unlock...

Alaska Cuts Off Medicaid Payments To Anchorage Health Service
October 14, 2014

The Alaska Department of Health and Social Services began suspending Medicaid payments Tuesday (Oct. 21) to C Care Services in Anchorage while the investigation into the company and its owner continued. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Fake Invoicing Returns To Haunt Chinese Trade Sector
October 14, 2014

What initially seemed like an accomplishment, Hong Kong overtook the U.S. as the top destination for Chinese goods and materials.  Now it seems like that particular stat may need an asterisk next to it, since the U.S. seems to still lead as a location where...

Apple Pay
You Can’t Put A Price On Privacy. But Apple Can: $50 Million Per Violation
October 14, 2014

In the B2B payments world, manufacturers often find themselves having to agree to severe penalties for non-performance such as late deliveries. This can be frustrating if the delays are unavoidable and if those penalties mean the difference between profit and loss. In one extreme case...