News

B2B Payments
Square Gets Into the SMB Lending Biz
May 28, 2014

Square has announced that it will enter the small business lending business. Available to Square Register merchants, Square will provide short term business loans based on cash flow and sales volume. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Chinese Bank Takes To The Autobahn For Improved U.S. Dollar Cash Management
May 28, 2014

China’s Ping An Bank is looking to get more value from U.S. dollar cash flows under a proposed deal that would expand its cash-management relationship with Deutsche Bank. The Chinese bank’s clients also could see the benefits from improved forecasting and other perks from the...

B2B Payments
Report: Construction Companies Newest Targets of Purchase Order Scams
May 28, 2014

According to findings from Salted Hash, construction companies are just the latest victims of purchase order (PO) fraud. These scams can cause huge problems for companies, especially vendors, as these organizations are often left to their own accord.

International
Alibaba’s $250 Investment in SingPost
May 28, 2014

Chinese Internet giant Alibaba Group Holding has invested $250 million for a 10.35 percent stake in Singapore Post Ltd., the city-state’s main postal and delivery service. The goal of the investment is to create an international e-commerce logistics platform. Get the Full Story Complete the...

Cool
TouchPoint Gives Consumers A New Lease On Lunch
May 28, 2014

If only spontaneously ordering and paying for a meal were as easy as using Uber. Then again, if TouchPoint has anything to say about it maybe it soon will be. In TouchPoint's ideal world, pre-ordering food is easy-especially the things consumers have ordered before from...

Hmmm
Data Thieves Not Satisfied With Just Payment Data Anymore
May 28, 2014

Just as companies diversify to grow and succeed, so, too, are data thieves. New research from security firm Trustwave shows how personal information such as customer records increasingly are on crooks’ malware radar screens.

Hmmm
The Great Migration: How EMV Will Overcome the Hurdles
May 28, 2014

The EMV migration is the next big thing in the payments forecast. Soon, the U.S. will join more than 80 countries that have already implemented the technology, and the security solution is now a foundation for a wide range of new innovative services enabled via...

In Depth
How VeriFone Helps Merchants Beat the Fraudsters
May 28, 2014

Guess what. Fraudsters don’t discriminate: small and large merchants are equally at risk. But many small merchants don’t think so and are taking a “wait and see” approach to implementing new fraud solutions, citing cost, complexity and “I’m too small to matter to fraudsters” as...

Merchant Innovation
Nordstrom’s Seeks Buyer For Store-Branded Credit Card
May 28, 2014

High-end retailer Nordstrom’s is soliciting partners for its store-branded credit card. Potential partners include Capital One, Toronto-Dominion Bank, CitiGroup, and JPMorgan Chase & Co, note sources close to the matter who asked not to be identified in Bloomberg’s original reporting on the story. The total...