News

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...

B2B Payments
CUNA Mutual and Alaska USE Partner On Corporate Cards
October 14, 2014

The CUNA Mutual Group will be getting is corporate card program via the $5.6 billion Alaska USA Federal Credit Union through a new program called PurchaseOne. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

PayPal’s Irish Pot Of Gold
October 14, 2014

PayPal’s Irish expansion is paying off, according to new figures that show Paypal Europe Services Ltd pre-tax profits are up 43 percent to €11.2m over the prior year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Securing $30 Billion Worth of B2B Payments
October 14, 2014

Take any type of payment within an enterprise, enable its acceptance through seamless ERP integration, and secure it with a token. That’s the job of enterprise payment acceptance solution provider Paymetric, which is driving over $30 billion worth of payments, says Paymetric CEO Asif Ramji....

Europe
Sweden Is Nearly Cashless
October 14, 2014

Swedes are increasingly drifting away from cash, according to a new report released by the Swedish Federation of Trade (Svensk Handel). ) with four out of five purchases in Sweden made electronically (either by debit or credit). Get the Full Story Complete the form to...