News

Company Spotlight
Taxis Call A Truce In NYC, Sort Of
September 15, 2014

New York City’s two competing systems to pay for cab rides by mobile app have struck a truce, so passengers no longer have to guess which one works in what cab. On Wednesday (Sept. 10), VeriFone, whose Way2ride system worked in about half of NYC’s...

Controversial
Home Depot Cyberthieves Took Advantage of Security Upgrade Delays
September 15, 2014

For those corporate employees who get frustrated by the slowness of decisions and the glacial pace of deployments, take comfort in the fact that this slowness was a gift for cyberthieves who wanted to—and successfully did—attack Home Depot. The attackers literally took advantage of the...

B2B Payments
Are B2B Payments Coming To Amazon India?
September 15, 2014

Earlier this year, Amazon.com’s AmazonSupply, the online marketplace’s B2B operation that’s in beta, began exploring the U.S. wholesale and distribution market. It may be about to do the same in India. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Car-Sharing May Replace San Francisco’s Municipal Fleet
September 15, 2014

The white Priuses with the San Francisco logo on the side could be all but a memory by 2027, if a proposal by Supervisor Mark Farrell to phase out vehicles and light duty trucks from the city’s fleet over the next 13 years.  In place...

B2B Payments
Procurement Tech Goes Back To School
September 15, 2014

Procurement techsperts Zycus is partnering with Michigan State University’s Dr. Tobia Schoenherr on  major new procurement technology (PT) research initiative to determine what the impacts, best practices, satisfaction levels, pain points and ideal situations are for procurement tech, with the eye toward seeing its expansion....

B2B Payments
Invoice Factoring Helps Push Canada’s Oil Boom
September 15, 2014

Oilfield factoring service, TCI Oilfield Factoring is committed to helping natural resource development firms of all sizes enter and expand the Canadian oil extraction and processing industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

The Week That Was Apple (Pay)
September 13, 2014

Well, hello Apple, and welcome to the payments industry. We’ve been holding the door open for you for a long time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Mobile
Banks Went The Apple Way
September 12, 2014

The mobile payment relationship between the major banks and Apple is, to put mildly, a delicate one. Apple’s move has the potential to vastly increase mobile payment revenue, which would create a potentially highly lucrative new market for the banks. But the precise details of...

Apple Pay
Telcos Fear No Big Payday From Apple Pay
September 12, 2014

How should telcos around the world react to Apple Pay? Should they ride along and cooperate fully—potentially hurting their own mobile wallet efforts—and sell as much data, bandwidth and phones as possible? That would be a continuation of the telecom players’ existing model, conceding the...