News

Why Some Small Merchants Prefer Cards to Cash
June 06, 2014

Ever heard of a small merchant wanting to flip cash paying customers to cards? Well, that’s what happens, Womply says, when small merchants implement the Womply Merchant Insights Platform. So what’s up with that? MPD CEO Karen Webster got the chance to talk with Cory...

Acquiring
VeriFone Reports 9% Rise In Q2 Revenues, Reduces Net Loss
June 05, 2014

VeriFone Systems Inc.’s strategic efforts to improve its core foundation under new leadership paid off in the company’s fiscal second quarter with nearly a 10 percent boost in revenue and a halving of its net loss for the period year over year. Get the Full...

International
Sound-Based Technology on the Horizon
June 05, 2014

Zimbabwe-based Edgetech Solutions is set to launch an m-payment service that uses sound-based communication technology in smartphones. 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 to our daily newsletter,...

International
2C2P’s New Funding and Growth
June 05, 2014

GMO Global Payment Fund invested an undisclosed amount in 2C2P, a Thailand-based payment processing company in which it had already invested USD 500k in 2013. The company was valued at USD 16M before the new round of investment. Get the Full Story Complete the form...

B2B Payments
Company Cuts Invoicing Process By 80 Percent
June 05, 2014

Avon and Wiltshire Mental Health Trust (AWP) announced earlier this week that it had significantly cut down its invoicing process by integrating new document management software. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Alternative Finances
SAP: ‘Game Changer’ Heading To Financial World
June 05, 2014

This week, SAP’s user conference SAPPHIRE NOW is taking place in Orlando, Florida. CMS Wire reported on the latest action, which included a special announcement from SAP about a new product launch. Get the Full Story Complete the form to unlock this article and enjoy...

Company Spotlight
How Do mPOS Players Rank?
June 05, 2014

We admit it – we thought that just bringing you the monthly updates on mPOS was getting a little long of tooth. So, we decided to get a little “jiggy” with the mPOS Tracker. Starting this month, we’ll be going well beyond tracking only the...

Acquiring
TSYS’s Munto: For Acquirers and Merchants, It’s a Good Time to Talk
June 05, 2014

With all of the market changes occurring today, acquirers and the independent sales agents working with them, have had to learn more sophisticated ways to manage their merchant relationships. Education has become a chief conversation-starter, driven by market moves to EMV, data encryption and other...

CA Technologies
Ten Things Never To Do When Designing A Fraud Solution
June 05, 2014

Don’t “over-rule” your fraud system. Don’t let the 95 percent suffer at the hands of the 5 percent who shouldn’t have to. Oh, and think you can substitute good employees for good documentation? Think again. These are but 3 of the 10 fraud solution “no-no’s”...