News

International
New Report from Bank of Mexico
June 16, 2014

Bank of Mexico and UNAM presented the report “Financial Cuture of Mexican Youth”. The researches held ten focus groups in five cities and 3.2k surveys of Mexicans aged between 15 and 29. Finding shows only 22% of them control their budget while 61% hasn’t thought...

International
East African ATM Integrated Networks
June 16, 2014

The national shared payments systems of Kenya (Kenswitch), Tanzania (Umoja Switch), Uganda (Interswitch) and Rwanda (R-Switch) have integrated their ATM networks. The integration will facilitate operability within the East African countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Hmmm
What You Need To Know About myRA
June 16, 2014

When it comes to saving for retirement, millions of Americans do not have a plan. And the Treasury Department wants to do something about that. In this latest edition of PYMNTS Voice of the Treasury Series, Assistant Secretary Richard Gregg explains how the government’s myRA...

News
How To Make Mobile Payments Sans Internet
June 16, 2014

Making mobile payments using an internet connection would soon be a thing of past with Edgepay POS terminals leveraging recently developed NearBytes technology that operates on encrypted sound. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Democrats to SEC: Restore Payments Disclosure Rule
June 16, 2014

Last week, 58 House Democrats told the U.S. Securities and Exchange Commission that it was critical for the organization to reinstate a rule that requires full disclosures from energy and mining companies on the payments they make to foreign governments. Get the Full Story Complete...

B2B Payments
Does India Need A Better Rice Procurement Process?
June 16, 2014

According to at least one grain trade analyst in India, the answer to that question is “Yes.” As reported by Oryza, analyst Tejinder Narang recently wrote in the Hindu Business Line that reformation of the current paddy rice procurement process is necessary for several reasons....

News
Bitcoin’s Miner Monopoly Threat
June 16, 2014

Bitcoin quietly faced and passed through what has been called a “doomsday” scenario Friday night. GHash, a bitcoin mining pool (operated by an anonymous entity called CEX.io) briefly held 51 percent of total network mining. While that may sound like a less intriguing headline than...

B2B Payments
Should Higher Ticket Prices Equal More Mileage Awards?
June 16, 2014

United Continental Holdings, Inc. is joining an increasingly longer list of airlines that are switching to fare-based awards programs. According to a United announcement last week, travelers who spend more will earn more miles. Depending on travelers’ status in the Mileage Plus program, they’ll get...

B2B Payments
Why Disruption Could Be The Key For B2B Success
June 16, 2014

It is not uncommon for businesses to evolve in order to stay successful, especially those involved in B2B commerce. However, executives from ShopVisible and 3M think that the key to successfully evolve in this digital world is to take a page out of the B2C...