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...
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...
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,...
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...
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...
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...
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...
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,...
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,...