News

B2B Payments
Credit Union Adopts CUFX Standards For Corporate Exchanges
June 26, 2014

An Illinois credit union has adopted Credit Union Financial Exchange standards created by CUNA to help its business customers to facilitate more electronic payments initiated with corporate debit and credit cards. The credit union is hoping the service will help its corporate clients reduce their...

B2B Payments
RedOwl Receives $4.6M Funding Boost
June 26, 2014

RedOwl Analytics announced earlier this week that it had finished its Series A financing round with $4.6 million of new funding. Founded in 2011, the firm applies analytics to internal corporate data streams for proactive risk oversight. Get the Full Story Complete the form to...

News
Report: Online Transactions Will Double By 2019
June 26, 2014

According to a recent report, online, mobile and contactless payment transactions will hit $5 trillion in just four years. The research in question is called, Digital Payment Strategies: Online, Mobile & Contactless 2014-2019, and claims that online transactions will jump from $2.5 trillion in 2014...

News
“Straight Talking” PayDay Lender Accused of Sending Crooked Collection Letters
June 26, 2014

No matter how many puppets a company puts in the television advertisements that claim a company is about “straight-talking money,” it is almost impossible to convince regulators of a tendency to be straight about money if collecting on debts through letters from made-up law firms in...

News
PayPal Discovers And Patches Potential Security Threat
June 26, 2014

PayPal has discovered a flaw in its two-factor authentication (2FA) system that would allow a motivated hacker to by-pass the system merely by switching the device’s internet connectivity on and off. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Why ‘Dark Data’ Is Actually A Good Thing
June 26, 2014

According to Bloomberg’s enterprise information management service branch Bloomberg Vault, there is a way for companies to “identify, categorize, track and manage” unstructured data held in corporate files and documents. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

News
Judge Rules That PNC Insurers Must Pay The Price
June 26, 2014

Back in March 2013, PNC Financial Services Group sued Houston Casualty Co. and Axis Insurance Co. over previously filed class action lawsuits concerning overdraft charges. PNC claimed the class actions had cost it more than the $25 million retention limits required by each policy. However, the...

Mobile Commerce
New App Promises Mobile Checkbook
June 26, 2014

A new app is promising to save small business owners a trip to the ATM to cash checks with its e-Checks that allow users to send, receive and approve, check payments using their iPhones. Get the Full Story Complete the form to unlock this article...

Alternative Finances
LevelUp Keeps Merchants and Consumers Communicating With In-App Surveys
June 26, 2014

Restaurant owners may not relish customer complaints, but they are certainly preferable to the unsatisfied customer who never returns, or even the happy customer that never mentions that an establishment is making the best sandwich in Boston. LevelUp wants to bridge that gap between eaters...