News

Financial Inclusion
First Data Will Release First Quarter 2014 Financial Results
April 18, 2014

The call will be webcast on the “Investor Relations” section of the First Data website.

Mobile Commerce
Apple Looking into Mobile Payments
April 18, 2014

It is possible that Apple may position itself as a direct competitor to eBay's PayPal.

Mobile Commerce
NY Delivery Workers Can Now Keep Full Tips from GrubHub
April 18, 2014

The new agreement now requires all future GrubHub Inc. contracts with restaurant partners to use a fee calculation that excludes tips.

B2B Payments
Etsy Goes Wholesale
April 18, 2014

Etsy, once a cutesy little marketplace for homemade and handmade goods, has become an online retail powerhouse, toping $1 Billion in sales in 2013. Their move to become a wholesaler opens up a whole new set of opportunities and challenges.

B2B Payments
Uh, Oh. More Banking Regulation Comes to the EU
April 18, 2014

The European Union will add a new union to its structure, a “banking union” that is designed to “fix” the EU’s still troubled financial sector and broken banks. Will a coalition of banks and more regulation really make it all better?

B2B Payments
New Public Procurement Rules Aimed at Encouraging SMEs to Bid
April 18, 2014

The Irish government has introduced new guidelines to make it easier for small business to bid for public contracts. 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...

B2B Payments
Ackroo Now Fleet Card provider in St. Lucia
April 18, 2014

Ackroo a provider of gift card and loyalty solutions has expanded into the Caribbean with their Stored Value Fleet Card solution for fuel retailers.  West Technology Group in St. Lucia selected Ackroo for a stored value Fleet Card solution for their 22 gas station locations....

B2B Payments
Hospitals Trying their Hand at Insurance Provider Business
April 18, 2014

The Affordable Care act has doctors, businesses and individuals adapting to the widespread changes and hospitals are entering the provider game. Self-insurance plans are arising at hospitals that put financial risks on employers for providing benefits to their workers. Get the Full Story Complete the...

B2B Payments
Warburg Pincus to Buy Electronic Funds Source
April 18, 2014

An investor group that includes First Data Transportation Services, Inc, CTP Holdings, and FJ Management sold Tennessee-based Electronic Funds Source (EFS) from Warburg Pincus. Electronic Funds Source, a provider of customized corporate payment technology solutions designed specifically to help customers drive efficiencies and improve bottom...