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B2B Payments
Baltimore City Council President Wants Procurement Review
September 17, 2014

Bernard C. “Jack” Young, president of Baltimore’s city council, reportedly has asked the council to review the city’s centralized CitiBuy procurement system, which was used to toward $277 million in payments last year. Get the Full Story Complete the form to unlock this article and...

B2B Payments
FTC’s 5 Concerns About Mobile Financial Services
September 16, 2014

This past summer, the Consumer Financial Protection Bureau began soliciting comments on mobile financial-services use. It’s goal is to learn more about how technology is affecting consumer opportunities and challenges. In their comments to the bureau, FTC staff identified its five mobile concerns and what...

News
UK Pharmacy Prepares For Pumped Up Volume
September 16, 2014

One of the UK's fastest growing companies, Leeds-based Pharmacy2U, has seen its transaction volumes rise considerably, and it expects the trend to continue as online orders grow. So it needed a business-management software system to could accommodate a lot of activity and the nuances of...

Cool
U.S. Credit Card Debt Set To Reach Pre-Recession Levels
September 16, 2014

U.S. consumers racked up credit-card debt in Q2 twice as fast as at any time since the recession — and credit-card charge-off rates appear to be headed up too, according to new data from the Federal Reserve and FDIC included in a report by CardHub....

Hmmm
iPhone 6 : Americans Are Sold, Singaporeans On Hold
September 16, 2014

Shoppers wanting one of the new iPhones may have to wait until October due to shortages.   Record-breaking first-day pre-order sales that topped 4 million units were logged, outstripping supply according to Apple. Reuters reported that this weeks pre-order numbers were roughly double the volume of sales...

Mobile Commerce
Glitches At BBVA’s Simple Illustrate Digital Banking’s Difficulties
September 16, 2014

For weeks, customers and BBVA’s digital exertion, Simple have complained about delays or total failures in scheduled payments as well as intermittent problems Simple’s perhaps unfortunately named app’s “Safe to Spend” feature. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Apple Pay
Apple Pay Accelerates Regulator’s Focus on Mobile Payments
September 16, 2014

Apple has been many different types of company over its long tenure.  While its always been a tech player it has also been in a state of near constant corporate evolution has meant its always been a lot more than that.  With the launch of...

International
Alibaba’s Price Range On The Rise Pre-IPO
September 16, 2014

Investors hoping to snatch up stock in Alibaba for a bargain price between $60 and $66 won’t be getting their wish when the Chinese e-commerce giant goes public later this week.  In a filing with the SEC yesterday (September 15) Alibaba raised the price range...

Merchant Innovation
Among (The Few) M-Pay Users, NFC Is Popular
September 16, 2014

NFC is not quite the method of mobile payments most users are most familiar.  That honor still goes to the QR code or barcode which 45 percent of reported mobile users said they had experienced at least once, according to the latest report by Nielsen,...