News

Acquiring
Will Visa’s New Acquiring Fees Hurt or Help Aggregators?
May 19, 2014

Visa announced a new fixed acquirer network fee policy recently which will take effect next April. Targeted at aggregators, instead of combining merchants under a single tax ID, aggregators must use individual tax IDs for each merchant. Who’s going to be helped or hurt?

B2B Payments
How Business Payments Are Made Across the Globe
May 19, 2014

Ever wonder really how money flows between businesses cross border? Well, you sort of need a scorecard given its complexity, number of payments methods and the role of new players in introducing new options. Here’s our take on just how it happens, region by region...

B2B Payments
Innovating Purchase to Pay In Utilities
May 19, 2014

What does it take to bring real-time billing, ordering and settlement in the electric utilities industry? Sometimes it means revamping the entire purchase to pay cycle to include payment. Find out what American Electric Power recently introduced and how it’s improving cash flow.

Merchant Innovation
Can Target’s New CEO Get The Company Back On Course?
May 19, 2014

In their first public discussion with analysts since CEO Gregg Steinhafel stepped down suddenly two weeks ago, Target will be discussing its first quarter earnings report, scheduled to be released Wednesday. CFO John Mulligan is has taken over as interim CEO and will be discussing the company’s...

Merchant Innovation
Will Diapers.com Founder Go Back to Competing with Amazon?
May 19, 2014

You can’t keep an e-commerce enthusiast out of the game for long, as Marc Lore is demonstrating as he plots his follow-up to Quidsi, the parent company of renowned internet mother’s little helper Diapers.com, and somewhat less known Soap.com. Get the Full Story Complete the form...

Mobile Commerce
Icahn Doubles Down On Apple And eBay
May 19, 2014

Investors’ rights advocate Carl Icahn has upped his stake in both Apple and eBay. An SEC filing spotted by the Wall Street Journal on May 15 indicates that Icahn held 27.8 million shares in eBay company as of March 31, 2014. Icahn increased his holdings in Apple...

Mobile Commerce
Circle’s Mainstream Bitcoin Bid
May 19, 2014

Circle Internet Financial and its investing enthusiast founder Jeremy Allaire are throwing their name and a $26 million dollar fund behind a platform that allows for the free  storing, buying and paying with bitcoin. Get the Full Story Complete the form to unlock this article...

Merchant Innovation
LevelUp and Revention’s Team-Up
May 19, 2014

Revention Point of Sale Solutions has integrated with LevelUp- the mobile commerce start-up that leverages QR code technology to execute mobile transactions via smartphones. Revention specializes in customizable restaurant and entertainment management solutions that are designed to streamline internal processes in restaurants. Since the LevelUp’s main customer...

Mobile Commerce
Crowdfunding Site WeFund’s Pornography Problem
May 19, 2014

Eden Alexander is an adult entertainer who through a series of unfortunate events, stemming from an allergic reaction and less than through initial medical attention due to her profession, found herself critically ill, unable to work and facing a mounting pile of medical bills. Luckily,...