News

B2B Payments
TransferWise Has Moved £1 Billion Cross-Borders
April 16, 2014

The Estonian-founded and London-based company TransferWise announced on April 15, 2014 that they have transferred £1 billion ($1.67 billion) in cross-border payments.that they have hit the milestone of £1 billion  mark in cross-border payments. In addition the company also announced that their Android app is ready so...

B2B Payments
Catering Marketplace Expands With $4M Investment
April 16, 2014

ezCater was created to connect businesses with reliable local caterers and restaurants and has a curated list of the best business caterers for 22,743 cities and towns nationwide. The company services small start-ups and Fortune 500 companies and recently announced that they have raised an...

B2B Payments
Freelancer.com Buys Warriors
April 16, 2014

Last October, Freelancer.com filed for an IPO with the goal of raising $14.2 million that it intended to use the IPO funds for organic growth and also acquisition opportunities. The company recently confirmed that it’s spent part of the money raised to buy Warrior Forum, a...

B2B Payments
NexTier takes Customer Relations to the NexLevel
April 16, 2014

Quest Analytics LLC, a provider of automated Customer Relationship Management (CRM) and sales lead generation solutions for banks and credit unions announced a new relationship with NexTier Bank in Butler, PA. Using automated data mining techniques, Quest Analytics uncovers sales opportunities by turning data into...

B2B Payments
New Tools For Banks To Help SMBs Manage Cash Flow
April 15, 2014

Small businesses often struggle with cash management and find themselves guesstimating about how much cash is at their disposal to pay bills, invest in new technologies and services and general operations. A new platform that turns this art into a reliable science is now available...

B2B Payments
Diebold’s Business to FI Innovations
April 15, 2014

By Jeffrey Green (@epaymentsguy) 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...

Citi Reports 2% Rise In Q1 Cards Unit Revenues
April 15, 2014

Citigroup reported April 14 that Cards business unit revenue for the first quarter ended March 31 totaled $5.28 billion, up 1.3 percent from $5.21 billion a year earlier. North American branded Citi-cards revenue was flat at $2 billion, reflecting improvement in net interest spreads and...

Alternative Finances
Innovation Comes to HealthCare Payments
April 15, 2014

Healthcare billing is anything but simple.  Among complexities, the billing cycle varies in length, meaning it can be very difficult to know when money is going to be due from payers or available to payees.  Sorting that out presents a major problem for managers and...

PYMNTS Launches Bitcoin Price and Volatility Indices
April 15, 2014

What is the value of a bitcoin?  This is not a metaphysical question about the nature and purpose of digitally backed currency, in fact it is very straightforward—in U.S. Dollars, what is a bitcoin worth? The answer has been far less straightforward, since until now...