News

Real Time Payments Demand Extends to Finland
June 06, 2014

The interest in and demand for immediate funds transfer is sweeping the globe has spread to Finland. The country already has an urgent payment system where payments are handled twice daily but now they are following their Swedish neighbors to develop a real-time system.

MasterCard: We Can Reduce Cash Transactions By 70 Percent
June 06, 2014

MasterCard announced earlier this week that it has a cashless rollout initiative planned that could reduce cash transactions in Nigeria by 70 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Company Launches Innovative Payment Processing Tool
June 06, 2014

Pensmore Software recently announced the launch of its latest tool designed to simplify the payment process for small to medium sized businesses (SMBs). According to a company press release, IntuitivePay™ will work for QuickBooks and QuickBooks Point of Sale. Get the Full Story Complete the...

Singaporeans Choose the Most Tech Savvy Payment Methods
June 06, 2014

With 42 percent of consumers willing to use digital payment methods, Singapore is fast emerging as the most tech-savvy payment market in Southeast Asian countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Dutch Banks: No Bitcoin
June 06, 2014

Earlier this week, the Dutch Central Bank warned Dutch banks about the potential risks associated with using digital currencies, such as Bitcoin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Alternative Finances
American Express Wants to Eliminate Plastic from Customers’ Wallet
June 06, 2014

Credit card companies are racing against tech giants like Apple and Google to create what would thin our wallets forever. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Mobile Commerce
New iOS Upgrade Makes Every iPhone A Credit Card Scanner
June 06, 2014

The good people at the incredibly aptly named 9to5mac have discovered a handy new trick available with the newest Safari upgrade for iOS – the ability to enter payment details at shopping sites by scanning credit cards with an iPhone camera. Get the Full Story...

Royal Solutions Offers New Healthcare Payment Solution
June 06, 2014

In hopes to improve cash flow through faster payments, Royal Solutions Group LLC announced this week that it had launched Royal Payments, a solution for processing credit card payments from patients on the date of service, during scheduling and remotely after the exam. Get the Full Story...

B2B Payments
Element Financial Buys PHH Fleet Management for $1.4 Million
June 06, 2014

Earlier this week PHH Corp. announced that it agreed to sell its fleet management unit – PHH Arval – to Canada-based Element Financial Corp. for $1.4 million. PHH executives said in a company statement that this move will sharpen the organization’s overall focus, enhance its...