News

B2B Payments
GENCO Deploys Major Site Revamp
November 12, 2014

GENCO Marketplace, which bills itself as the largest wholesaler of retailer returns in the U.S., has significantly redesigned it B2B site, the company announced Tuesday (Nov. 11). The company said the site “liquidates more than $2.5 billion of secondary market products annually to off-price retailers,...

B2B Payments
PYMNTS B2B Investment Tracker
November 12, 2014

According to PYMNTS.com analysis, October saw somewhat of an investment declining trend for B2B payments, impacting almost every corner of the vast B2B payments universe. But the dollars are still flowing, though, showing a very vibrant B2B sector. During October, more than $75 million were...

B2B Payments
Amex, Intacct Cut B2B Check Deal
November 12, 2014

With some 70 percent of all B2B transactions that cloud accounting vendor Intacct sees still requiring paper checks, American Express Global Corporate Payments cut a deal with the company to integrate a Pay Now button that sidesteps the various manual processes involved in causing checks...

International
Argentine Bank’s Money Transfers Linked To Money-Laundering Investigation
November 12, 2014

An Argentine bank whose anti-money-laundering controls got a clean bill of health from the New York Federal Reserve is now at the center of civil and criminal Federal investigations over laundering of $24 million by means of more than 20,000 separate checks between 2005 and...

Company Spotlight
Has mPOS Reached Its Tipping Point?
November 11, 2014

The mPOS space has seen a 30 percent year-over-year growth in the last three years. In addition, 30 percent of the top 20 U.S. retailers have deployed mPOS devices in-stores. Today, more than ever, it's easy to envision a world where mPOS is the norm,...

WeChat API Extends Payments To Developers
November 11, 2014

Tencent-owned WeChat has just made mobile shopping even easier for its users. 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...

“Wirelurker” May Just Be The Tip Of The Security Concern Iceberg For iOS
November 11, 2014

Apple products are safe, everyone knows that. Viruses and malware are for Windows machines and Android devices but cybercriminals up to this point seem to have been stymied by Apple’s security and left their devices alone.  So revered are the Apple operating systems, that in...

B2B Payment Shop Zerve Taking A Shot At Consumers
November 11, 2014

Tackling payments for B2B is quite different from B2C, but Zerve, the B2B payments startup with backing from Yahoo founder Jerry Yang, is giving it a try. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
AP Tech Pushes Cloud-Based Checks Effort
November 11, 2014

Payments vendor AP Technology has rolled out a new product called APeChecks, which the company said is pronounced Ape-Checks. The cloud B2B payments platform includes paper checks, eCheck and ACH support. The vendor claimed the new approach can cut payments costs by 80 percent and...