News

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...

Synchrony Is 2014’s Top IPO, For Now
July 31, 2014

The credit card arm of General Electric, Synchrony Financial, brought in $2.87 billion in its initial public offering.    Synchrony priced 125m shares up for grabs at $23, the bottom pricing range (the top of the range was $26).  At that price, Synchrony’s total valuation...

B2B Payments
How Much Help Does The Supply Chain Sector Really Need?
July 31, 2014

A $10 billion annual revenue for an industry is not too shabby, nor is a 12 percent revenue increase from the year before. With a recent study showing that supply chain management revenue is on track to hit its highest levels since 2011, it’s clear...

News
Why Customer Segmentation Matters In Prepaid
July 30, 2014

Prepaid products have struggled to find their footing in many markets, in spite of the rapid growth reported in the segment. One reason is a “one size fits all” approach to prepaid program development. i2c General Manager Scott Salmon tells PYMNTS how data can help...

News
Meritus Releases Update XP In Global Payment Platform
July 30, 2014

Meritus Payments Solutions announced yesterday that it launched Update XP, its new account updater solution, according to a company release. In partnership with its global payment platform Payment XP, major credit card companies can electronically exchange up-to-date card account information.

Controversial
Payments Innovation Investment Tracker | Week of July 25
July 30, 2014

Oh where oh where have the investments in Fintech gone? Well, last week, $8.9 billion of it went to a bunch of players in payments with acquisitions in the processing and security sectors leading the way.

B2B Payments
UK Businesses Forced To Make Late Payments
July 30, 2014

According to recent research from Bacs Payment Schemes, late payment debt for UK businesses has reached £46.1 billion. In effect, approximately one quarter of UK businesses are paying their suppliers late because they themselves are still waiting for payment. Get the Full Story Complete the...