News

TSYS Updates The Commercial Card Experience
October 08, 2014

TSYS has announced upgrades to its online self-service solution for commercial cardholders, TSYS CentreSuite, as part of a multi-staged transformation currently underway.  The redesign is aimed at  upgrading the  user experience and providing greater performance and functionality to issuing banks and administrators. Get the Full...

Finding Innovation’s Place in International Payments
October 08, 2014

Currently, banks are still processing about 85 percent of all international payments. At the same time, for many organizations looking to gain a global presence, international payments are often too complicated, and banks’ pricing isn’t transparent, says Mike Laven, CEO of Currency Cloud. In a...

Airbnb A Big Hit With Business Travelers
October 08, 2014

One of the most oft-cited criticisms of startups—especially mobile firms—is that they sell a solution in search of a problem. Airbnb is making a powerful case that such comments do not apply to them, as they are seeing soaring growth among business travelers specifically because the...

Merchant Innovation
Artsy Flower Shop BloomNation Cultivates $5.5M In New Funding
October 08, 2014

The Web-fueled florist company BloomNation confirmed Tuesday (Oct. 7) that it has raised an additional $5.5 million (a total of $7.2 million) from Andreessen Horowitz and Ronny Conway (son of angel Ron Conway), according to a report in the Los Angeles Times. Get the Full...

Square Cash’s New Lease on Life
October 08, 2014

Square is now singing the Bluetooth Blues, having rolled out on Tuesday (Oct. 7) an iOS 8 BLE-empowered way to send cash to nearby people, called Nearby Payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

News
Shoppers Will Spend Less This Holiday Season
October 08, 2014

U.S. holiday shopping purchase dollars starting next month will be sharply  lower than last year, as shoppers stay cautious and are economically-uncertain, according to a PricewaterhouseCoopers report released Tuesday (Oct. 7). That report was based on a survey of more than 2,200 shoppers nationwide. Get...

How The Russians Plan To Ignite Their Own Payments System
October 08, 2014

Against the backdrop of global political tensions and tit-for-tat diplomatic and economic sanctions involving Russia and the United Nations, Russia is publicly rethinking how it wants to handle payments. Partly, this is so that Russia can try and isolate and protect itself from external economic...

Marc Andreessen’s Rx For Financial Services
October 08, 2014

Venture Capitalist—and graphical Web browser creator—Marc Andreessen is looking at the payments space as an area that needs to—and can—be fully recrafted. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Pay Your Friends Over Bluetooth
October 07, 2014

Square Cash for iPhone now allows you to send money to your friends nearby over Bluetooth Low Energy. According to Cash, the top request was being able to pay friends sitting at your dinner table without adding their email address. Get the Full Story Complete the...