News

Acquiring
Merchant Surcharging: Much Ado About Nothing
July 01, 2014

Merchants today are free to use cash discounts and credit card surcharging to steer customers to lower-cost payment alternatives, but they actually don’t. A new Boston Fed study found that less than 2 percent of transactions typically receive discounts for using cash or debit cards...

Merchant Innovation
InComm: Gift Cards Will Soon Be Digital
July 01, 2014

InComm announced earlier this week that it had partnered with Swedish Seamless to create an offering of the digitization of the company’s vast portfolio of closed-loop stored-value cards using the mobile payment solution SEQR. Get the Full Story Complete the form to unlock this article and...

News
Microsoft Works To Cut Down Cybercrime
July 01, 2014

Earlier this week, Microsoft Corp. launched an operation that the organization hopes will significantly eliminate cyber crime. According to a recent Reuters article, Microsoft’s efforts started yesterday under an order issued by a federal court in Nevada, which targeted traffic involving malicious software known as Bladabindi...

Alternative Finances
BBVA Gets Mobile Contactless Payments Service
July 01, 2014

BBVA announced earlier this week that it launched a host card emulation-based mobile contactless payments service. The Spanish bank is the first global bank to commercially launch this service, according to Finextra. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Research Finds Paper Billing Still Cost-Effective
July 01, 2014

The push for businesses to switch to e-invoicing seems to be stronger than ever these days. However, a recent E-Invoicing Platform article discussed a study that proves the worth of paper billing. Get the Full Story Complete the form to unlock this article and enjoy...

Cool
Where Does The CFPB Stand On Bitcoin?
July 01, 2014

As various government entities are coming together to discuss the many issues related to virtual currencies, there is one empty seat at those tables: the CFPB. Now, the GAO is calling for the agency to get involved in order to assure consumer well-being. Why has...

B2B Payments
Medical Center Launches Payment Model Experiment
July 01, 2014

New Jersey’s Hackensack University Medical Center (HUMC) is working with Hackensack Alliance ACO to transition into value-based payment models. 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...

B2B Payments
Online Shopping A Health Risk?
July 01, 2014

The University of Pittsburgh Medical Center’s health plan reportedly has developed prediction models that use such data as patient claims, prescriptions and census records to determine those members who are most likely to require emergency and urgent care, which tends to cost more. Interestingly, how...

B2B Payments
Save Time. Save Money. The Business Case for e-Invoicing
July 01, 2014

Who could argue with a process that helps companies save time and save money? Well, according to a recent survey of corporate buyers, not many of them when presented with an e-Invoicing or supply chain financing proposition. Find out why decision makers say now is...