News

B2B Payments
Finnish Firm Benefiting From Rising Interest In B2B eInvoicing
June 12, 2014

Basware Corp., which supplies accounts-payable and eInvoicing software to businesses, recently expanded its relationship with a European brewing company to assist in its North American operations. The Finland-based firm, which also scored recent deals with an Indian IT solutions provider and a UK hospitality company,...

Dubai Residents Cry Credit Card Fraud
June 12, 2014

Two Dubai residents claim that not only did they experience credit card fraud, but that their cards were used to make unauthorized payments to the Abu Dhabi Police. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Russia Sets Deadline For Visa, MasterCard
June 12, 2014

October 31. 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, PYMNTS Today. By completing this form, you agree to receive marketing communications from...

Ripple Joins NACHA Payments Innovation Alliance
June 12, 2014

Ripple Labs, the startup that created a platform for electronic payments using existing fiat currencies, announced on its blog earlier this week that it had joined the NACHA Payments Innovation Alliance. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Groupon Creates Most Distributed Mobile Coupon
June 12, 2014

Groupon announced this week that its Freebies coupon is now available for iOS devices, which makes it the nation’s most widely distributed mobile coupon destination. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
ECB’s Rate Cut Effects On Foreign Trade
June 12, 2014

Some countries fear there will be an increase in the value of their local currencies stemming from the European Central Bank’s new monetary policies, which took effect June 11. Higher currency value could affect their foreign trade, they contend. Thus far, however, the long-term impact...

Nigerian Bank Issues New Money Transfer Regulations
June 12, 2014

The Central Bank of Nigeria (CBN) announced new guidelines this week for the operation of international money transfer services in Nigeria. The released draft includes new regulations on international money transfer services, and was released in line with its mandate for the development of the...

Mexican mPOS Provides Boost To SMBs
June 12, 2014

The Mexico-based mobile point of sale (mPOS) provider Sr. Pago announced earlier this week that it had launched its own card-based payment system. This move is expected to benefit small businesses, as it will allow companies to accept credit card payment for the services they...

EBay Launches Option For Designer Shoppers
June 12, 2014

EBay announced earlier this week that it launched an expansion from its ecommerce site that is targeted toward shoppers seeking designer designs. The new site is called the Designer Collective and will feature men’s and women’s clothing designs from a total of 16 fashion labels,...