News

TSYS Names New Global Chief Procurement Officer
May 29, 2014

TSYS announced that they have named a new group executive, chief procurement officer, responsible for procurement, vendor management and supplier management. Walter Taylor, a senior executive with more than 30 years of technology and operations experience in the payments and financial services industry will now...

Company Spotlight
Are Merchants “OmniReadi?”
May 29, 2014

Omnichannel is clearly the retail industry’s “it” buzzword. At its best, it delivers the great promise of consumers moving fluidly between devices and shopping channels, with retailers in lockstep at all times. But, we’re just getting started. Each month, PYMNTS will bring you the Omnicommerce...

B2B Payments
$8.5 Million Raised to Tackle Healthcare Payments
May 29, 2014

A Green Bay, Wisconsin-based company that sells healthcare payment software into what it calls “episodes of care” and then generates a bill for the entire process has raised a new funding round of $8.5 million. The company, Aver Informatics, believes that their billing management solution...

Hmmm
Consumer Groups Set Sights On Debit, Prepaid
May 29, 2014

On the fifth anniversary of the Credit CARD Act, several leading consumer-advocacy groups now say more needs to be done to reign in debit and prepaid card fees. Among the chief targets are overdraft fees. Not so fast, say opponents to such moves, including the...

B2B Payments
Goodbye Paper Checks, Hello Optimized ePayments
May 29, 2014

Let’s face it. Paper-based accounts payables processes can be a real drag. So, not surprisingly, many companies are looking for easy, convenient, streamlined ePayment solutions. But finding the right one can be like finding the proverbial needle in the haystack. Those wishing for a simple...

Financial Inclusion
Mortgages Before Credit Cards? Consumers Say Yes
May 29, 2014

After the housing bubble burst several years ago, U.S. consumers began to default on their mortgages because they chose to instead make credit card payments, according to research from TransUnion. However, that trend has since reversed. Get the Full Story Complete the form to unlock...

News
TSYS, Canadian Tire Extend Processing Agreement
May 29, 2014

TSYS has extended its exclusive agreement with Canadian Tire Financial Services, a division of Canadian Tire, to provide processing and other payment card program services; the transaction processor announced this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Financial Inclusion
PayPal Australia Reassures Customers After Potential Data Breach
May 29, 2014

Some Apple users in Australia have found themselves victims of a unique attack by hackers through their iPhones. According to several reports, Apple customers received a message on their iPhones, iPads and Macs, which told them that if they didn’t pay US$100 to a PayPal...

Mobile Commerce
Report: In China, Banks Leading Way In Mobile Sales Volume
May 29, 2014

China’s largest banks last year handled the bulk of mobile sales activity, though younger nonbank competitors handled the most mobile transactions, according to a report released earlier this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...