News

Alternative Finances
Bitcoin Foundation in Turmoil Following Board Elections
May 13, 2014

Whatever you think about bitcoin as a currency, investment vehicle or technological innovation, one has to hand them credit where credit is due, there is literally almost never a dull moment in the world of digital currency. The election of two new board members to...

International
Mobile Payments Set To Explode In India
May 13, 2014

Mobile payment growth in India is on fire, going from just under 100 thousand mobile transactions in September of 2012 to over 700 thousand by July of 2013, according to a report by Deloitte reported on by Cisco. Get the Full Story Complete the form...

Merchant Innovation
Shopkeep Wants SMBs To Take Back Main Street (And Is Laying Out Cash To Prove...
May 13, 2014

As small business week rolls on nationwide wide, mPOS provider ShopKeep- a company with the modest goal of replacing ever cash register in America with an iPad and the cloud – announced yesterday that its launch of a small business incubator program that will award $15,000...

Company Spotlight
Mercury Pulls IPO, Sells to Vantiv
May 13, 2014

Mercury Payment Systems Inc. accepted a $1.65 billion purchase offer from Cincinnati-based payments processor Vantiv Inc. yesterday. With the deal Vantiv will expand its online commerce business into Mercury Payment Systems’ network. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Apple And China UnionPay’s Mobile Payments Partnership
May 13, 2014

Apple and China UnionPay have agreed to partner on a mobile payment service that will bring the bank card organization’s app to iPhones nationwide. This will make it possible to pay-by-phone at the 3 million “QuickPass” POS machines nationwide, reports Brightwire. The two companies are also collaborating on...

B2B Payments
Citi Expands Commercial Cards into Brazil
May 13, 2014

In a further development of its Treasury and Trade Solutions division, Citi has added Brazil to its leading platform ECS+. While Citi Commercial Cards have been available in Brazil for a few years, this move helps to further support the growing corporate card market.

B2B Payments
MasterCard’s Big Play For Small Businesses
May 13, 2014

Small Businesses create two out of every three jobs in the US and keep the wheels of commerce spinning. Today marks the first day of a weeklong celebration of the role of Small Business in driving this country’s economic growth engine. Ed Glassman, MasterCard’s Global...

B2B Payments
Swedbank Gains Assistance In Its Multichannel Banking Strategy
May 13, 2014

Swedish savings bank will use hardware and software solutions from NCR to help address rising consumer demand in Baltic states for technology and online tools for enhanced banking access and education.

B2B Payments
Central Bankers in South Asia Fight for Better System
May 13, 2014

Central bankers of in South Asian countries have reached an agreement on the need for the enforcement of payment and settlement system (PSS) in the SAARC region. The SAARC region is an economic and geopolitical cooperation among Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and...