News

Mobile Commerce
Company Offers Cannabis Community Non-Cash Payment Options
June 04, 2014

Earlier this week, Mentor Capital, Inc. announced that its portfolio company, Bhang Corporation, established Bhang Financial. This new division will offer the Cannabis Community non-cash payment options with Cashless ATMs for PIN Debit Network transactions and ATMs, according to a company press release. Get the...

Mobile Commerce
NCR: It’s Time To Curb ‘Show Rooming’
June 04, 2014

Tech company NCR Corp. announced this week that it had developed a new way to prevent customers from “show rooming” in brick and mortar stores, which will ideally lead to better sales for those retailers. Show rooming is when customers visit stores to see items...

Financial Inclusion
New Tools Emerging To Improve U.S. Consumer Financial Literacy
June 04, 2014

State and federal government, and private-sector companies, increasing are developing and rolling out initiatives to help workers better understand their short- and long-term financial needs. Proponents would like start the financial-education process at kindergarten, which ultimately would help when workers begin planning for when they...

Over 51% of Tanzania Use MPESA
June 03, 2014

Vodacom M-Pesa customers grew 21.6% y-o-y in the quarter ended in March 2014 to reach 6M internationally, while Tanzania now makes 18.8% of revenues (+470 bps vs. 2013). 4.9M or 51.6% of Vodacom users in the country are actively using M-Pesa. Get the Full Story...

B2B Payments
Marrying Quantitative Analysis with Qualitative Feedback For A Better Buyer/Supplier Relationship
June 03, 2014

There are many ways to manage the relationship between corporate travel buyers and the vendors they use—formal data drive analysis or a more information feedback based relationship on product. According to a new study by Capgemnini Consulting, the best-managed process is usually a balancing act...

B2B Payments
IBM And Concur Pair-Up For Travel And Expense Management
June 03, 2014

IBM and Concur—a maker of cloud based management solutions—have inked a deal to team up on offering cloud-based travel and expense management solutions to consumers around the globe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CA Technologies
Proprietary Wallets Die, HCE Will Live
June 03, 2014

Wallets like Starbucks just can’t survive, and HCE provides issuers with the solution they need to capitalize on mobile payments. Well, that’s the view of Bill Mann, Senior Vice President of Strategy for New Business Innovation at CA Technologies. PYMNTS got the scoop on his...

Mobile Commerce
Morningstar Snags HelloWallet for $53.5M
June 03, 2014

Earlier this week, Morningstar announced that it had acquired the web and mobile application HelloWallet for $53.5 million. Morningstar already had a majority stake in HelloWallet, so it will only need to pay $39 million to complete the transaction. Get the Full Story Complete the...

B2B Payments
UAE Going Wireless With Commercial Fleet Fueling
June 03, 2014

Government-owned Emirates National Oil Co. is rolling out a service that will enable its fleet customers to refuel their vehicles wirelessly using RFID technology. The system will replace the company’s existing fleet cards by the end of the year.