Since the Great Recession, buyers and suppliers seem locked in a perpetually adversarial cycle when it comes to billing. Dynamic discounting aims to disrupt the adversarial cycle with an associative one where buyers and suppliers share incentives to collaborate. PYMNTS spoke to Ariba’s Director of...
What do giant jars of mayonnaise, value shoppers and EMV-compliant cards have in common? Starting in 2015 they will all be things one can find at a BJ’s wholesale club. The Massachusetts-based bulk store has inked an agreement with Alliance Data Systems Corporation and MasterCard...
The English have spoken and it seems that they have spoken out in favor using biometric indentification as a primary identifier when it comes to securing banking services. This insight comes from a Intelligent Environments survey that indicates almost 80 percent of British banking users...
Can a company be old school and innovative at the same time? While MasterCard and AT&T are both testing hi-tech solutions for authenticating overseas transactions by using geolocation data, American Express is eschewing hi-tech for a more direct approach with AX Connect. The closed-loop network...
Hudson’s Bay and its Lord & Taylor sister chain are the latest retailers to embrace beacon, following Walgreens, among many others. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
There are five reasons why community banks are well prepared to serve the consumer of the future. One of them, says Margaret Shine, Group Head, Managed Services, Segment Solutions at MasterCard, is that they emerged from the financial crisis having the confidence of the consumer....
Facebook has announced that soon downloading its new Messenger App will eventually be the only way to chat on Facebook via mobile. By the end of the week, messaging will no longer be available in the company’s iOS and Android apps, which means users who...
Faisalabad Electric Supply Company (Fesco) administration announced this week that it had signed an agreement with SAP to implement a new Enterprise Resource Planning (ERP) initiative in the company. The new ERP system will accelerate different departments’ performance, including finance, accounting, procurement, customer care and...
Recent study indicates that consumers do not want to be passive participants when protect their online security. While unsurprisingly widely dissatisfied with retailers and their capacity to meaningfully protect their data, the people who are seeing their data breached over and over are increasingly looking...
