News

B2B Payments
Visa Invests In Digital Transaction Management Company
July 16, 2014

DocuSign, a digital transaction management firm, announced earlier this week that Visa, Inc. made a strategic investment in the company. According to a DocuSign statement, the goal of the two companies is to help customers prepare, execute and manage digital transactions and integrate payments safely...

B2B Payments
How Hiding The Rebate Got Pilot Flying J In Hot Water
July 16, 2014

Fuel company Pilot Flying J recently entered into an agreement with the Justice Department where it confirmed its employees, including supervisors, schemed to withhold diesel rebates from many of its trucking customers. As a result, the company is paying millions in fines, and its employees...

Loyalty & Rewards
PayPal Takes On Passbook With New Loyalty Card Feature
July 16, 2014

PayPal has updated it’s iOS app to version 5.5, and with that comes a new ability for users by providing an mWallet home for loyalty cards from a long list of selected retailers, emulating the Apple Passbook already installed in the phone. Get the Full...

Cool
Chase Q2 Mobile Users, Card Volume Up
July 16, 2014

Chase Card services performed well in Q2, acquiring new 2 million new consumers with end of quarter receivables hovering around $2 billion. Delinquency rates also fell, while active mobile users were up more than 20 percent to 17 million. So if consumers were using their...

Controversial
Is An Apple iBeacon Transmitter The Path To Payments?
July 16, 2014

Pop quiz. How does Apple make money? Selling hardware. Very good. So, is anyone really surprised that it may have its own plans to sell its own iBeacon transmitter? Well, recent filings with the Federal Communications Commission would suggest that is exactly what’s on the...

B2B Payments
B2B Check Use Continues, But Why?
July 16, 2014

It’s becoming an increasingly popular question, but why are so many companies and their vendors so hesitant to give up using checks to settle their transactions? Surely they want to reduce their costs and increase efficiency. Much of the issue stems from reliance on old...

B2B Payments
Is The Procurement Job Market In Trouble?
July 16, 2014

A recent survey found that 63 percent of employers are prioritizing permanent procurement and supply chain positions. Furthermore, junior procurement and supply chain staff will be have the highest demand, with 77 percent of surveyed firms looking to take on such professionals, according to Robert...

B2B Payments
Apple And IBM’s B2B Collaboration
July 16, 2014

Remember 30 years ago when Apple ran a Super Bowl ad that likened IBM to “Big Brother”? As it turns out, time does heal all wounds, as Apple and IBM have buried the feuds of the past to collaborate on creating over 100 new business-centered...

Cool
If a Bitcoin Comes To The Point of Sale, Will SMBs Really Care?
July 15, 2014

Last week Intuit announced the launch of PayWithBitcoin, a new service that integrates its new online bitcoin wallet with processing provider Coinbase. PYMNTS spoke to Manish Shah and Clinton Neilsen, the two Intuit engineers who are the brains behind this Bitcoin payments integration. But will...