News

News
Visa To Help Gas Stations Crack Down On Fraud
August 08, 2014

Visa wants to help fuel dealers combat fraud at self-service fuel pumps through the power of analytics data. With Visa Transaction Advisor (VTA), merchants can access risk scores in realtime and identify those that may be coming care of stolen, lost or counterfeit cards.  According...

News
Facebook Buys Web Security Firm PrivateCore
August 08, 2014

In what some are taking as yet another sign that Facebook is preparing to make a big e-commerce push, Facebook has announced it has acquired Palo Alto-based secure server tech company PrivateCore, a Palo Alto-based secure server technology company. Facebook plans to incorporate PrivateCore’s technology...

Cool
A Tale of Two Fraud Stats
August 08, 2014

As PYMNTS.comreported recently, the Federal Reserve for the first time in its triennial payments study collected data related to payments fraud. It recently published the full report, a 192-page document loaded with data. What the discussion on fraud in the full report suggests is: Why...

Alternative Finances
If Cash Is Dead, Then Why Are So Many People Using It?
August 08, 2014

Payment systems globally for decades have been on a constant path in transforming traditional paper-based transactions into electronic ones, with payment cards as one of the chief drivers. More recently, mobile-based payments have done the job in less-developed countries, particularly in Africa. Get the Full...

Company Spotlight
TSYS: How Card Issuers Can Address Consumer Security Concerns
August 08, 2014

TSYS published a white paper yesterday titled "Opportunity Knocks: How Card Issuers Can Address Consumers' Concerns Around Payment Security," following the results of the 2014 TSYS Consumer Awareness Data Security Study, according to a company release. The report examines how consumers' sentiments are changing around...

B2B Payments
Study: Reverse factoring could handle 25 percent of trade finance
August 08, 2014

Reverse factoring could potentially provide between $255 billion to $280 billion of cross-border trade financing, or 20 to 25 percent of an industry’s accounts payable. That’s according to a new study from the UK’s Association of Chartered Certified Accountants (ACCA). Get the Full Story Complete...

B2B Payments
Omnichannel: Retail Supply Chains’ Big Challenge
August 08, 2014

Retailers’ supply chains generally are not optimized to support the new omnichannel environment, particularly with regard to the changing supply needs created by the expansion in mobile and online shopping, according to a recent report in which Pricewaterhousecoopers surveyed 400 retail CEOs. Get the Full...

E-Invoicing Vendor Transcepta Goes Global With Trade Financing
August 08, 2014

In a move to provide service to increasingly global supply chains, electronic-invoicing vendor Transcepta announced on Wednesday (Aug. 6) that it has expanded into cross-border trade finance solutions. The company, which offers cloud-based Accounts Payable automation, is partnering with Integrate Financial (InFin), a trade and...

New Cloud-Based Software Feature Boosts B2B Contract Visibility
August 08, 2014

Having a centralized, electronic repository for contracts can help businesses gain visibility to valuable spending and budget information throughout a contract’s lifespan, and that can play an important role in meeting compliance and review processes. A new feature to cloud-based software from an enterprise purchase...