News

Mobile
Bills, Junkmail and Cucumbers? USPS Wants To Deliver Groceries
September 26, 2014

The U.S. Postal Service has been delivering groceries for Amazon and has decided it wants to do a lot more. The agency this week, according to The Wall Street Journal, asked the Postal Regulatory Commission for permission for a 2-year test of the plan in...

B2B Payments
Europe and Africa Are Ahead On ISO 20022 B2B Payments; U.S. And Canada Lag
September 26, 2014

If adopting the ISO 20022 universal financial messaging system for B2B payments is a chicken-and-egg problem, SEPA seems to have cracked it in Europe. Messaging providers have gone live in at least 11 European countries under the Euro zone’s Single Euro Payments Area initiative, according...

Merchant Innovation
Predictive Analytics Start Up Gets Cash Infusion From Banks
September 26, 2014

Predictive analytics firm Context Relevant has secured backing from some familiar banking players. The $13.5 million in new funding, on top of $21 million announced four months ago, comes from Bank of America Merrill Lynch, Bloomberg Beta, Goldman Sachs, Formation 8 and New York Life,...

Mobile
Ride-Sharing Services Get More Legal Pushback
September 26, 2014

The District Attorneys of Los Angeles and San Francisco are threatening three prominent mobile ride services—Uber Technologies, Lyft and Sidecar—with injunctions and accused them of violating California law. The accusation is that the services are “misleading customers about how thoroughly (they) check the criminal backgrounds...

Why the B2B Landscape is in Serious Need of Inspiration
September 25, 2014

A few years removed from the daily slog of the B2B industry, CEO of Software Platform Consulting and former SVP of Ariba Bob Solomon boldly asserts that not much has changed in his former business landscape. So how are B2B thought leaders meant to innovate...

B2B Payments
Pharmaceutical SAP ERP Deal
September 25, 2014

Giving itself a B2B shot in the arm boost, the DAWA pharmaceutical group has signed a deal for ERP software from SAP Africa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Woolworth Overhauls Its Supply Chain
September 25, 2014

A $1 billion supply chain overhaul is fueling sharp cost savings for Australia’s largest retailer. Woolworths’ supply chain fixes, dubbed Mercury II, are aimed at cutting the cost of merchandise transportation. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Hmmm
Visa’s Next Big Business: Tokens and Data
September 25, 2014

Apple Pay may be the catalyst that mobile payments needed to get the payments ecosystem cranking, but that’s not all it did. It’s launched a whole new focus for the largest payments network in the world – tokens and data. Visa’s mobile chief, Bill Gajda,...

B2B Payments
How Mobile Imaging Improves Accounts Receivables
September 25, 2014

The Magic of the Camera Phone in Mobile Payments 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,...