News

Merchant Innovation
What Do Electric Cars and Electronic Payments Have In Common?
August 06, 2014

The fact that electric cars can travel much less far on a charge than most traditional cars can travel on a tank of gas is not merely a convenience issue. Those frequent and predictable charge station visits can reveal quite a bit about the consumers...

Merchant Innovation
Apple Caps Record Breaking Summer With Plans to Announce New iPhone September 9th
August 06, 2014

Keeping with its track record of announcing its newest phones in early September, such that they are ready to fall into the hands of holiday shoppers starting in October, Apple will likely be announcing its new iPhone at an event already scheduled for October 9,...

Exclusive Series
Inside the Mind of Today’s Cyber Criminal
August 06, 2014

Online crooks are getting more sophisticated by the second. Nowadays, fraudsters have the ability to conduct “clean fraud,” obtaining legitimate identities of users from the black market or data breaches to compromise a victim’s card account. Malware, too, is becoming more sophisticated both in the...

CEO Series
Why Focus Matters In Payments
August 06, 2014

“There are a million good ideas out there,” says Marc Gardner, President and CEO of North American Bancard, a mobile commerce platform that powers PayAnywhere. Gardner gave PYMNTS a tutorial on how to turn “a million good ideas” in payments into an innovation homerun –...

B2B Payments
Nielsen: Consumer Confidence Climbs
August 06, 2014

During the second quarter, consumer confidence globally climbed a point, to the highest it has been since the first quarter seven years ago. The confidence, however, doesn’t appear to be playing into payments players’ favor, however. Visa, for example, says its numbers don’t show yet...

B2B Payments
Why Procurement Reform Is Necessary For Agencies Of All Sizes
August 06, 2014

Starting this month and running through November, the World Bank is launching global consultations on its proposed reforms for the national procurement of goods and services. The potential reforms are for projects funded by the World Bank and, so far, the response has been largely...

B2B Payments
July Was A Busy Month (In Massachusetts) For B2B Investments
August 06, 2014

Not everything worth investing in happens in Silicon Valley!  At least last month, in the B2B space, Atlas Venture in Cambridge, Mass, lead the charge by taking part in three major funding rounds at Button, Captricity and Freshbooks. Their large investment in Freshbooks continues to...

Controversial
I’m From The Government And Here To Help Remittances
August 05, 2014

Treasury Department oversight of non-bank money-remittance businesses would be more streamlined by reducing duplication of regulatory reviews with states under a bill now awaiting President Obama’s signature. The bill also could save remittance companies millions by not have to go through duplicative state and federal...

News
Credit Unions Will Miss EMV Deadline
August 05, 2014

The countdown to EMV continues to run down, as of the publication of this article there will be (August 5) there are less than 500 days until EMV adoption will be required, and it is looking increasingly likely that credit unions will be missing the...