News

Controversial
PYMNTS Talks Back (About Whether US Payments Is Behind)
July 19, 2014

When FT columnist John Gapper took the US payments system to task, it prompted MPD CEO Karen Webster to point out all of the goodness and innovation that the US Payments system has spawned. She also blew a hole in several of the UK payments...

Mobile Commerce
What is the Future of Digital Wallets?
July 18, 2014

Global mobility solutions provider Mahindra Comviva teamed up with Ovum Consulting to produce a whitepaper on the significant growth and uptake of digital wallet services in both developed and developing parts of the world during the last year and a half, according to a Comviva...

Why Innovators Will Win The B2B Payments Game
July 18, 2014

Traditional players may have the deep pockets to develop and distribute new products and services but they can’t win. That’s at least the view of NVoicePay CEO Karla Freide on the B2B payments game. In a recent podcast interview, MPD CEO Karen Webster caught up...

Alternative Finances
Big Banks See Increased Business Lending In Q2
July 18, 2014

The second quarter saw large U.S. banks reporting strong growth in business loans. 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....

Financial Inclusion
Volvo And Telogis Partnership Could Move Fleet Managers To Spend Smarter
July 18, 2014

“Trucks run on fuel, trucking companies run on data,” is the motto of a new partnership between Telogis and Volvo. The goal is to show how a strong fleet software-management system can reduce spend while keeping drivers in control.

Acquiring
Twitter Acquires CardSpring
July 18, 2014

Twitter has acquired mobile payment system CardSpring.  The CardSpring API allows developers to make online applications for credit and other financial transactions.  In 2012 the company secured $10 million in funding in a round led by Accel Partners and Greylock Partners. Get the Full Story...

News
Facebook’s “Buy” Button
July 18, 2014

The day may soon arrive when consumers will be able to by the goods they see advertised on Facebook, all without ever having to leave the site.  The company is testing a “buy” button that will allow customers to purchase items placed in the news...

Merchant Innovation
First Data Brings On Christopher Augustin As Chief Information Officer
July 18, 2014

Payment technology and services solutions firm First Data announced this week that it had brought on Christopher Augustin as its new chief information officer. According to a company press release, Augustin will take charge of First Data’s software development work, engineering processes and software and...

In Depth
Why U.S. Bank Is Banking on Mobile Payments To Drive Revenues
July 18, 2014

Banks have taken some big hits on the fee income side over the last several years, and are trying to find ways to fill the gap. U.S. Bank’s CEO believes mobile payments are the answer. But why?