News

B2B Payments
Western Union’s Business Solutions a Q1 Stand-out
May 02, 2014

Western Union had a mixed first quarter in 2014, reporting both a drop in net profits but an uptick in revenue in 2014. The Colorado-based money transfer service reported first-quarter net income of $203 million, which represents 4 percent from $212 million in the first...

News
Foursquare Bets Big, Splits In Two
May 02, 2014

Until now, the point of Foursquare has more or less been to allow people to check-in to locations and find out what locations their friends were checked-in to. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Merchant Innovation
PayPal, MyCheck Team-Up Makes Settling-Up While Eating Out Easy
May 02, 2014

Every day, countless brunches, lunches and dinners with friends are spoiled when a group of ostensibly intelligent people suddenly realize that they do not know how to split a check.  At best waitstaff are inconvenienced, at worst lifelong relationships.  PayPal and Israeli start-up my check...

International
Blackhawk Launches Virtual Gift Cards for Smartphones in Canada
May 02, 2014

The application allows customers to safely store eligible payment and gift cards on their smartphones and make purchases directly from the phone by simply holding it up to contactless payment terminals.

Mobile
PayPal Joins MyCheck to Allow Mobile Users to Pay and Split Bills When Dining
May 02, 2014

With the restaurant app, consumers will have multiple options to pay right at the table.

Mobile
Survey Says Consumers are Willing Share Info, For Rewards
May 02, 2014

According to a recent survey, One out of two shoppers are happy to share personal information with retailers for a reward.

Europe
Virgin Atlantic to Use iBeacon at Heathrow Airport in UK
May 02, 2014

Passengers will be able to receive information and offers through Passbook.

Mobile
Allpoint and T-Mobile Offer Surcharge-free ATM Network for Mobile Money
May 02, 2014

T-Mobile will offer prepaid cards through the Allpoint network, which would offer surcharge-free ATMs at 43,000 locations.

Mobile
Heartbleed Attack Undetectable on Old Android Devices
May 02, 2014

According to reports, old versions of Android are still vulnerable to the bug.