News

Company Spotlight
Visa And MasterCard Say U.S. Sanctions Won’t Affect Russian Client Banks
July 31, 2014

The newest round of sanctions against Russia relating to the ever escalating conflict in Ukraine will not negatively affect Visa and MasterCard clients at Russian banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Mobile Commerce
BitPay’s Million Merchant March
July 31, 2014

BitPay wants to make it easier for merchants to start taking bitcoin, and thinks it can succeed well enough to get a million merchants behind the company by the conclusion of 2016. “We have set a goal to enroll one million merchants by the end...

B2B Payments
WEX Could Take HealthCare Payments Virtual
July 31, 2014

B2B card provider WEX during this year’s second quarter saw spend volume on its virtual card grow by 26 percent, driven mostly by its relationship with travel agencies. With its newly acquired Evolution1 healthcare technology company, WEX may could bring the virtual card to the...

News
Square’s New Reader Embraces Chip; PIN, Not So Much
July 31, 2014

With U.S. retailers hesitant to embrace chip and pin and U.S. consumers apathetic about the same, Square announced Wednesday (July 30th) that it will support microchip-enabled EMV cards but not PIN. In the next generation of its matchbook sized credit card reader will be able to read will...

News
Alibaba Considers Snapchat Investment
July 31, 2014

With what is forecast to be an epic IPO set to happen within the next several weeks, China e-retail giant Alibaba has been making increasing overtures to the U.S., and is considering an investment in social media firm Snapchat.    Snapchat is growing fast. Though...

B2B Payments
Fleet Company Ditches Outdated Paper Billing System
July 31, 2014

Volpe Express announced this week that it invested in a new back office management system for 24/7 bill entry processing and reporting through a cloud-based portal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Controversial
LevelUp’s Gift Card Grab
July 31, 2014

What does a Chief Ninja do on his summer vacation? MPD CEO Karen Webster got a chance to find out when she chatted with LevelUp Chief Ninja Seth Priebatsch about the company's latest expansion this summer, which will move LevelUp into a crowded but lucrative...

Financial Inclusion
Target Hires Former Pepsi Exec As New CEO
July 31, 2014

Pepsi Executive Brian Cornell will be joining Target as the retailer’s new CEO.  Cornell  has had a long, diverse and non-consecutive career at Pepsi and was considered an outside contender to succeed Indra Nooyi. Get the Full Story Complete the form to unlock this article...

News
Minnesota Twins Test Snapshot Credit Card Application
July 31, 2014

Minnesota Twins fan? PYMNTS.com is officially sorry, it’s been a tough season. 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. By...