News

Mobile Commerce
The Death of Paper Checks, Really
May 15, 2014

The one place that paper checks are alive and well are in B2B transactions. And ePayments solutions have been slow to catch on given all of the hoops that businesses have to jump thru to implement these solutions. Increasingly, though there are variations on the...

Mobile Commerce
Are Walmart Banks Really Ripping Off Consumers?
May 15, 2014

A recent Wall Street Journal report on the short-term loan practices used by many low-income consumers paints an unlikely picture of individuals willing to pay high loan rates for quick cash. Government intervention into bank overdraft-protection policies and payday-lending practices, while for the purpose of...

B2B Payments
Alibaba offers Small Exporters Rebate
May 15, 2014

Alibaba, the Chinese e-commerce giant, will offer subsidies to small and medium-sized domestic exporters that complete transactions on its platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Kenya to Launch e-Procurement Service
May 15, 2014

In an effort to automate and streamline Government financial management processes and procedures, the Kenyan National Treasury is switching to electronic procurement. Henry Rotich, Cabinet Secretary, National Treasury, said e-procurement, when implemented under the Integrated Financial Management Information System (IFMIS), will provide an efficient and streamlined...

B2B Payments
Reval Upgrades Tech for Treasury Management
May 15, 2014

Reval announced that they have released a new version of Software-as-a-Service (SaaS) solution for Treasury and Risk Management (TRM), Reval 14.0. This is the first of two annual upgrades which will enables treasurers to lead their organizations through global growth. Get the Full Story Complete the form to...

B2B Payments
Smartvista for Fuel in M.E.
May 15, 2014

BPC Banking Technologies, a provider of Open System payment solutions, announced the release of SmartVista for Fuel Retailers at Cards and Payments Middle East 2014. SmartVista for Fuel provides support for fleet cards, enables the creation and management of integrated loyalty programs, automates the payment...

B2B Payments
IBM Deal Gives Orbitz For Business An International Look
May 15, 2014

A recent deal to provide online-booking services to IBM’s business-travel program is opening the doors to international opportunities for the business-travel unit of online-booking company Orbitz Worldwide. Under the agreement, Orbitz for Business will provide IBM support in 90 countries.

Mobile Commerce
ISIS Reports 600K New mWallet Downloads In The Last Month
May 14, 2014

ISIS mobile wallet- a joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless launched in November of 2013 — allows customers packing a NFC-enabled Android handset, a special SIM and the right app to make contactless payments at tens of thousands of merchant locations nationwide. The...

Alternative Finances
MIT On its Way to Become First Bitcoin Ecosystem on the Planet
May 14, 2014

The college will distribute $100 in bitcoin to every undergraduate student at MIT this fall.