News

B2B Payments
Samsung Eyes B2B Commerce Use Cases With Wearables
July 09, 2014

Samsung has announced that it will extend its reach into the enterprise space with when the next version of phones running Android is released. Makes sense since that market is huge and not as price sensitive as the consumer market. But what are the payments...

Company Spotlight
Card Networks Push To Develop A Presence in China
July 09, 2014

Visa and MasterCard are trying to find new ways to work around Chinese regulation that prevent the foreign card companies from processing yuan transactions.  While Chinese consumers can use foreign cards, currently they are allowed to do so for the clearance of foreign currency, as...

B2B Payments
Dairy Supply Chain Gets Help From Bill Gates
July 09, 2014

Bill Gates is not just about Microsoft. According to a recent Supply Management article, the billionaire is backing an effort to improve Africa’s dairy supply chains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Acquiring
RetailNext Snags $30M
July 09, 2014

In-store data analytics firm RetailNext has picked up $30 million in a financing round led by Nokia Growth Partners. 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...

More Retailers Adopt In Store Cash Bill Payment
July 09, 2014

Around 68 million consumers are “cash-only” customers, reports the Federal Reserve Bank of San Francisco, though the reasons for that can vary. Some choose not to use credit or debit purchases as the result of security concerns—they simply believe that since cash can’t be hacked...

B2B Payments
SEC: New Cross-Border Rules Put In Place
July 09, 2014

The Securities and Exchange Commission (SEC) recently announced that it will be adopting a series of rules and guidance on cross-border security-based swap activities for market participants. The first one was integrated at the end of June. Get the Full Story Complete the form to unlock...

Merchant Innovation
Target Beefs Up eCommerce Operations With Injection Of Outside Talent
July 09, 2014

Target has announced the hire of three new top-level executives to help strengthen the retailer’s eCommerce and technology efforts. 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...

Company Spotlight
Monitise Cuts Revenue Forecast, Again
July 08, 2014

Mobile money platform Monitise has cut its annual revenue growth estimates for the second time, forecasting growth of between 31 and 33 percent, down from earlier projections of 40 and 50 percent earlier in the year. This was enough to cause shares to drop 15...

How To Turn Email Into A Buying Channel
July 08, 2014

About 5 billion email offers are sent out in the U.S. each day. But what if those who receive them could purchase an item or pay a bill in two simple clicks, all within the email itself? John Killoran, CEO of @Pay, has created a...