Eyeing the growing three million population of Indians in the US, Xoom Corporation, a money transfer provider, and India-based Punjab National Bank have partnered to introduce an instant bank deposit service using the Immediate Payment Service platform (IMPS). Get the Full Story Complete the form...
Alibaba keeps the hits coming in the run-up to its U.S. IPO scheduled for some time later in 2014. It has now released Mashang Tao, a platform that allows brands and merchants to make QR codes that in turn can be used for in-store and...
MoneyGram International has been the chief supporter of funds transfers for U.S. Walmart locations for some time, but the relationship became strained in April when the megaretailer launched its own, less-expensive U.S. store-to-store transfer program. During a recent analyst conference, Alex Holmes, MoneyGram’s CFO and...
In an effort to improve fleet driver behavior, ProSight Specialty Insurance announced last week that it is offering a suite of technology from SmartDrive to many of its commercial vehicle customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The good news about social media is that it connects brands to vast electronic networks of consumers who can “like” their product, tweet it out and then pin images of themselves using it. For years Internet marketing gurus have pushed social marketing as the next...
Andreessen Horowitz is placing the second biggest bed in the venture-capital firm’s history on Tanium Inc., a largely unknown start-up that helps companies pinpoint security threats to sprawling and vast computer networks. Get the Full Story Complete the form to unlock this article and enjoy...
A recent survey found that by the year 2019, of the existing value-based models, pay-for-performance (P4P) will experience the highest growth rate. P4P is forecast to increase from 10 percent today to 18 percent in five years for payers. In that same time frame, it is...
Last week Vantiv, Inc. announced that it had completed its acquisition of the payment technology firm Mercury Payment Systems, LLC. Vantiv paid $1.6 million in cash for the payments company. The move is expected to help Vantiv in its goal to strengthen and expand high-growth...
Ohio Senator Sherrod Brown has written CFPB director Richard Cordray to explicitly demand that the federal empowered consumer watch dog group take a closer regulatory look at payday and other small amount lenders. Senator Brown’s letter comes in the wake of a decision by the...
